As we Look Ahead To FY27
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Vicinity Centres (' Vicinity', ASX: VCX) today launched its results for the 12 months ended 30 June 2025 (' FY25'). FY25 monetary and tactical highlights:

- Statutory net profit after tax (' NPAT') of $1,004.6 m (FY24: $547.1 m).

  • Funds From Operations (' FFO') up 1.4% to $673.8 m. Adjusted for one-off items1 and higher loss of rent from advancements, FFO was up 3.6%.
  • At 14.8 cents, Vicinity delivered FFO per security at the top end of its assistance range of 14.5 to 14.8 cents per security.
  • Final circulation of 6.05 cps, bringing FY25 circulation to 12.00 cps (FY24: 11.75 cps), representing a payout ratio of 95.4% of Adjusted-FFO (' AFFO').
  • Ongoing execution of financial investment strategy