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Region Re Ltd Unit (RGN)

Sydney

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2.350 -0.010 -0.42%

07:04:59 - Closed. Currency in AUD

Type: Equity

Market: Australia

ISIN: AU0000253502

Volume: 2,390,108
Bid/Ask: 2.340 / 2.350
Day's Range: 2.335 - 2.350

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Region Re Ltd Unit Company Profile

Get an in-depth profile of Region Re Ltd Unit, including a general overview of the company's business and key management, as well as employee data and location and contact information.

IndustryResidential & Commercial REITs

SectorReal Estate

Employees

Equity Type

Unit

Region Group is an internally managed real estate investment trust (REIT) with 92 convenience-based retail properties, valued at $4,368 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. Region (originally SCA Property Group ASX: SCP) was created out of Woolworths Group Limited (Woolworths) in late 2012, when ownership in a number of retail properties was transferred. Since our announcement in November 2022, we have been operating under our new name, Region Group (ASX: RGN). Our portfolio benefits from long leases to Woolworths and Coles Group Limited (Coles), which act as our anchor retail partner at more than 96% of our properties. At the heart of our strategy are our customers. This means the places we create will deliver both a practical and positive experience, as we work to be the first choice for essentials at a place nearby. Operating responsibly is of great importance to our business, our communities and our security holders, and we are well placed in delivering our environmental, social and governance commitments. The value of our business is more than its physical properties. It lies in the wellbeing of our people and the prosperity of our retailers as we work together to provide for the essential needs of our customers. Our positioning means we are resilient as a business, capable of delivering growth to our security holders, people, customers and the communities we serve. Our values are what guide us in how we deliver on our ambition.

Contact Information

Address Level 6 50 Pitt Street
Sydney, 2000
Australia

Phone 61 2 8243 4900

Fax -

Web regiongroup.au

Top Executives

Name	Age	Since	Title
Belinda Robson	-	2012	Independent Non-Executive Director of Shopping Centres Australasia Property Group Re Limited
Anthony Michael Grainger Mellowes	-	2012	CEO & Executive Director of Shopping Centres Australasia Property Group RE Limited
Steven Crane	71	2018	Independent Non-Executive Chair of Shopping Centres Australasia Property Group RE Limited
Antoinette Milis	-	-	Independent Non-Executive Director of Shopping Centres Australasia Property Group Re Limited
Beth May Laughton	-	2018	Independent Non-Executive Director of Shopping Centres Australasia Property Group RE Limited
Angus James	-	2021	Independent Non-Executive Director of Shopping Centres Australasia Property Group RE Limited
Michael Herring	-	2022	Independent Non-Executive Director Shopping Centres Australasia Property Group Re Limited
Rhonda Jane Lloyd	-	2024	Independent Non-Executive Director

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