Vicinity Centres Re Ltd - Company Profile
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Vicinity Centres Re Ltd (Vicinity) is a retail REIT, based in Australia. Strong operating performance, tenant base, and established presence in Australia are the company’s major strengths, even as substantial debt remains a cause for concern. recovery in Australian construction industry, growth initiatives, and ongoing developments are likely to present new growth opportunities to the company. However, stringent rules and regulations, increasing minimum wages, and inability to collect rent from tenants could affect the company’s business performance.
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