Vicinity Centres Bear Impressed by 1H Result -- Market Talk

Dow Jones

Feb 18

2359 GMT - Vicinity Centres' bear at Jefferies was impressed with the mall owner's 1H result. Vicinity beat the bank's expectations for funds from operations by 3%. Vicinity now expects funds from operations per security near the top end of its 15.0-15.2 Australian cents guidance range. Jefferies says that moves it in line with its own expectations. "Vicinity delivered a strong operational result for the half, with higher leasing spreads, improved tenant retention and strong sales performance supporting occupancy and leasing," analyst Andrew Dodds says. Jefferies had an underperform call and A$2.20/share price target on Vicinity heading into the 1H result. "We remain cautious on the outlook for discretionary retail, given consumer headwinds." Vicinity is down 1.8% at A$2.525.(david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

February 17, 2026 18:59 ET (23:59 GMT)

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One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2612990444"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2612990444\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2612990444?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-18 07:59","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2612990444","market":"nz","top_or_hot":-1,"title":"Vicinity Centres Bear Impressed by 1H Result -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     2359 GMT - <a href=\"https://laohu8.com/S/CNRAF\">Vicinity Centres</a>' bear at Jefferies was impressed with the mall owner's 1H result. Vicinity beat the bank's expectations for funds from operations by 3%. Vicinity now expects funds from operations per security near the top end of its 15.0-15.2 Australian cents guidance range. Jefferies says that moves it in line with its own expectations. \"Vicinity delivered a strong operational result for the half, with higher leasing spreads, improved tenant retention and strong sales performance supporting occupancy and leasing,\" analyst Andrew Dodds says. Jefferies had an underperform call and A$2.20/share price target on Vicinity heading into the 1H result. \"We remain cautious on the outlook for discretionary retail, given consumer headwinds.\" Vicinity is down 1.8% at A$2.525.(david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 17, 2026 18:59 ET (23:59 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Vicinity Centres Bear Impressed by 1H Result -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVicinity Centres Bear Impressed by 1H Result -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-02-18 07:59</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     2359 GMT - <a href=\"https://laohu8.com/S/CNRAF\">Vicinity Centres</a>' bear at Jefferies was impressed with the mall owner's 1H result. Vicinity beat the bank's expectations for funds from operations by 3%. Vicinity now expects funds from operations per security near the top end of its 15.0-15.2 Australian cents guidance range. Jefferies says that moves it in line with its own expectations. \"Vicinity delivered a strong operational result for the half, with higher leasing spreads, improved tenant retention and strong sales performance supporting occupancy and leasing,\" analyst Andrew Dodds says. Jefferies had an underperform call and A$2.20/share price target on Vicinity heading into the 1H result. \"We remain cautious on the outlook for discretionary retail, given consumer headwinds.\" Vicinity is down 1.8% at A$2.525.(david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 17, 2026 18:59 ET (23:59 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7005","symbol_name":"零售业房地产投资信托","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2612990444","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2612990444","pubTimestamp":1771372740,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"2359 GMT - Vicinity Centres' bear at Jefferies was impressed with the mall owner's 1H result. Vicinity beat the bank's expectations for funds from operations by 3%. Vicinity now expects funds from operations per security near the top end of its 15.0-15.2 Australian cents guidance range. Jefferies says that moves it in line with its own expectations. \"Vicinity delivered a strong operational result for the half, with higher leasing spreads, improved tenant retention and strong sales performance supporting occupancy and leasing,\" analyst Andrew Dodds says. Jefferies had an underperform call and A$2.20/share price target on Vicinity heading into the 1H result. \"We remain cautious on the outlook for discretionary retail, given consumer headwinds.\" Vicinity is down 1.8% at A$2.525.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7005":"零售业房地产投资信托","VCX.AU":"VICINITY CENTRES","BK7162":"零售房地产信托","BK7510":"REITs概念"},"translate_title":"附近中心熊对上半年业绩印象深刻——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"VCX.AU":0.9},"content_text":"2359 GMT - Vicinity Centres' bear at Jefferies was impressed with the mall owner's 1H result. Vicinity beat the bank's expectations for funds from operations by 3%. Vicinity now expects funds from operations per security near the top end of its 15.0-15.2 Australian cents guidance range. Jefferies says that moves it in line with its own expectations. \"Vicinity delivered a strong operational result for the half, with higher leasing spreads, improved tenant retention and strong sales performance supporting occupancy and leasing,\" analyst Andrew Dodds says. Jefferies had an underperform call and A$2.20/share price target on Vicinity heading into the 1H result. \"We remain cautious on the outlook for discretionary retail, given consumer headwinds.\" Vicinity is down 1.8% at A$2.525.(david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 17, 2026 18:59 ET (23:59 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}