BUZZ-Australia's Vicinity Centres gains on exceeding FY25 divestment target

Reuters

2024/12/20

** Vicinity Centres rises as much as 1.5% to A$2.080; set to snap two weeks of decline

** Property co says it exceeded its targeted A$250 mln ($155.8 mln) of asset divestments for FY25

** Announces divestment of three non-strategic assets with proceeds totalling A$457 mln

** VCX up 1.7% YTD

($1 = A$1.6051)

(Reporting by Adwitiya Srivastava in Bengaluru)

((Adwitiya.Srivastava@thomsonreuters.com;))

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