Page 17 - Vicinity Centres News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The ASX200 lost -2.5% in May after the Reserve Bank continued to raise interest rates and China's reopening momentum appeared to stall

The impact of rising rates on the revaluation of an ASX-listed retail real estate portfolio has been more modest than expected, in a potential “read-through” for the broader shopping centre sector.

Vicinity Centres (OTCMKTS:CNRAF – Get Rating) shares shot up 4.2% during trading on Friday . The company traded as high as $1.36 and last traded at $1.36. 98,892 shares changed hands during trading, an increase of 393% from the average session volume of 20,045 shares. The stock had previously closed at $1.30. Wall Street Analysts […]

The ASX200 gained 1.8% in April after the Reserve Bank placed interest rate rises on hold, leading to a strong rebound for real estate-linked stocks

New research reveals that Australians cite shopping as a top activity to 'boost their mood' and mental wellbeing Three unique wellness activations launch at iconic shopping centres, helping to bring a sense of zen to shoppers in Sydney's CBD SYDNEY, April 20, 2023 /PRNewswire/ -- New research*, commissioned by Vicinity Centres, reveals that over half (53%) of Australians expressed they preferred in-store retail therapy, as opposed to shopping online. Despite the boom in e-commerce, consumers appear to be experiencing digital shopping fatigue. A whole new kind of retail therapy. Sho...