Region Group (RGN.AX)

Region Group is an internally managed real estate investment trust (REIT) with 87 convenience-based retail properties, valued at 4,374 million dollar. We remain the largest owner of convenience-based retail centres with 7 percent 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. Woolworths Group Limited (Woolworths) and Coles Group Limited (Coles) are our anchor retail partners at more than 97 percent of our properties. Region (originally SCA Property Group was created out of Woolworths in late 2012, when ownership in a number of retail properties was transferred. Since November 2022, we have been operating under our new name, Region Group. Region Group was incorporated in 2012 in Australia.