Vicinity Centres 2024 AR2

The report highlights Vicinity Centres' operational and financial performance for the financial year ended June 30, 2024. The company achieved a portfolio occupancy of 99.3% and comparable net property income growth of 4.1%. Key achievements include the acquisition of the remaining 49% interest in Chatswood Chase and a 50% interest in Lakeside Joondalup, alongside the divestment of seven non-strategic assets. On the sustainability front, the company reduced its Net Zero portfolio emissions intensity by 38% compared to the FY16 baseline and generated 43,487 MWh of solar energy. Additionally, Vicinity Centres launched its refreshed Purpose, Vision, and Values framework and improved its employee engagement score to 70%.

Company: Vicinity Centres

Sector: Real Estate

Country: Australia

Year: 2024

Type: AR2

Pages: 156

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Vicinity Centres

Vicinity Centres 2024 Annual Report

Annual Report

The report highlights Vicinity Centres' operational and financial performance for the financial year ended June 30, 2024. The company achieved a portfolio occupancy of 99.3% and comparable net property income growth of 4.1%. Key achievements include the acquisition of the remaining 49% interest in Chatswood Chase and a 50% interest in Lakeside Joondalup, alongside the divestment of seven non-strategic assets. On the sustainability front, the company reduced its Net Zero portfolio emissions intensity by 38% compared to the FY16 baseline and generated 43,487 MWh of solar energy. Additionally, Vicinity Centres launched its refreshed Purpose, Vision, and Values framework and improved its employee engagement score to 70%.

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Document Details

Report Year

2024

Reporting Period

Jul 1, 2023 - Jun 30, 2024

Fiscal Year

2024

Published

Aug 20, 2024

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Assurance

Assurance Provider

Assurance Standard

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Scope 3:

Energy Consumption

Water Consumption

Total Waste

Women in Management

Workplace Fatalities

Net Zero Target

Employees