Report
Tony Sherlock
EUR 147.86 For Business Accounts Only

Vicinity is a conservative, well-diversified Australian retail REIT with upside from redevelopment.

Operating performance for first-quarter fiscal 2017 was above that of most peers, with growth in comparable moving annual turnover, or MAT, to end September up 3.3% for specialty stores, versus 3.0% at June. The major constituents of specialty sales are apparel at 35%, food catering at 14.5%, general retail at 9.5%, and food retail at 9%. Thus, the MAT uplift for the cyclical apparel category from 3.0% at June to 4.3% at September accounted for most of the improvement in specialty MAT.
Improveme...
Underlying
Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Tony Sherlock

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