Real Estate

• The trust operates 87 hotels with approximately 20,000 guest rooms throughout the U.S., Puerto Rico, and Canada

• The Rouse Hill Town Centre expansion opened fully leased on 29 October with 50 new stores, while Melbourne Central expansion works continue.

• Vicinity Centres (ASX:VCX) is managing the fallout from the appointment of administrators to David Jones, which operates four stores contributing $34 million or 2.4% of portfolio gross rental income.

• Storey served 15 years with 360 Capital, including roles asFund Managerof listed vehicles and latterly as CEO.

• David Jones has outstanding unpaid rent of approximately $2.2 million as at 31 October 2026, with Vicinity holding no bank guarantees for the four stores.

Vicinity Centres (ASX:VCX) reported FY26 statutory net profit after tax of AUD 1,391.2 million, an increase of 38.5% from FY25. Property valuation gains of approximately AUD 700 million contributed to the reported result. Funds from operations (FFO), which excludes certain non-cash property adjustments, rose …

Three substantive resolutions were considered at the GDI Property Group Limited annual general meeting. The first resolution, the remuneration report, was carried with approximately 93.8 per cent of votes cast in favour, with the balance against. The resolution did not attract a first or …