Novion Property Group
(Redirected from Novion)
| Formerly | CFS Retail Property Trust Gandel Retail Trust |
|---|---|
| ASX: NVN | |
| Industry | Property Management |
| Founded | October 1994 |
| Founder | John Gandel |
| Defunct | June 2015 |
| Headquarters | , Australia |
Number of locations | 36 (2015) |
| $400 million (2014) | |
| Website | www.novion.com.au |
Novion was an Australian Real Estate Investment Trust which invested in shopping centres across Australia.
It was listed on the Australian Securities Exchange in October 1994 by John Gandel under the name Gandel Retail Trust' with six retail assets.[1] It was managed by Colonial First State, based in Sydney, under the name CFS Retail Property Trust until 2013, when it separated.[2] It was renamed Novion in November 2014.[3][4]
Novion merged with Federation Limited in June 2015, to become Vicinity Centres.[5][6]
Properties
[edit]As at June 2015, Novion owned had shareholdings in 36 shopping centres.[7][8]
Australian Capital Territory
[edit]- 15 Bowes Street, Phillip
New South Wales
[edit]- Bathurst City Centre
- Chatswood Chase
- DFO Homebush
- Lake Haven Shopping Centre
- Lidcombe Shopping Centre
Victoria
[edit]- Altona Gate
- Bayside
- Broadmeadows Central
- Chadstone Shopping Centre
- Corio Shopping Centre
- DFO Essendon
- DFO Moorabbin
- DFO South Wharf (75%)
- Emporium Melbourne (50%)
- Forest Hill Chase
- Gateway Plaza, Leopold
- Myer Bourke Street (33%)
- Northland Shopping Centre (50%)
- Roxburgh Village
Queensland
[edit]- Clifford Gardens
- Grand Plaza Shopping Centre (50%)
- Uptown, Brisbane (50%)
- QueensPlaza
- Runaway Bay Shopping Village (50%)
South Australia
[edit]Tasmania
[edit]Western Australia
[edit]References
[edit]- ^ Let's go shopping Australian Financial Review 23 March 2001
- ^ Saminather, Nichola (17 December 2013). "Commonwealth Retail Fund to Pay A$460 Million for Management". Bloomberg News. Retrieved 3 December 2014.
- ^ CFS Retail Property Trust Group becomes Novion Property Group Novion 3 November 2014
- ^ "CFS Retail changes name to Novion". The Australian. Retrieved 3 December 2014.
- ^ Merger of Novion Property Group and Federation Centres implemented Novion 11 June 2015
- ^ Federation reborn as Vicinity with new chief in place Australian Financial Review 28 October 2015
- ^ December 2014 valuations Novion
- ^ Annual report for year ended 30 June 2014 CFX Retail Property Trust Group