Region Group Company Description
Region Group is an internally managed real estate investment trust (REIT) with 87 convenience-based retail properties, valued at $4,374 million.
We remain the largest owner of convenience-based retail centres with 7% share of the market, which is dominated by private owners.
This asset class has proven to be resilient due to its exposure to nondiscretionary retail categories, including long leases with grocery-based anchor tenants.
Woolworths Group Limited (Woolworths) and Coles Group Limited (Coles) are our anchor retail partners at more than 97% of our properties.
Region (originally SCA Property Group ASX: SCP) was created out of Woolworths in late 2012, when ownership in a number of retail properties was transferred.
Since November 2022, we have been operating under our new name, Region Group (ASX: RGN).
Country | Australia |
Founded | 2012 |
Industry | REIT - Retail |
Sector | Real Estate |
CEO | Anthony Michael Mellowes |
Contact Details
Address: Level 6 Sydney, 2000 Australia | |
Phone | 61 2 8243 4900 |
Website | regiongroup.au |
Stock Details
Ticker Symbol | RGN |
Exchange | Australian Securities Exchange |
Fiscal Year | July - June |
Reporting Currency | AUD |
ISIN Number | AU0000253502 |
SIC Code | 6798 |
Key Executives
Name | Position |
---|---|
Anthony Michael Grainger Mellowes | Chief Executive Officer and Executive Director of Region RE Limited |
David Salmon | Chief Financial Officer |
Erica Rees AGIA, B.A., L.L.B. | Chief Operating Officer and Company Secretary |
Nicolette Brice | General Manager of Investor Relations |
Pam Davis | Chief People Officer |