State Street Ups Stake in Vicinity Centres

Vicinity Centres (AU:VCX) has released an update.

State Street Corporation has increased its stake in Vicinity Centres, with its voting power rising from 7.18% to 8.66% as a result of changes in shareholdings that occurred on April 23, 2024. The adjustment reflects a significant change in interests since the last notice provided to the company in June 2022. This development could signal a growing confidence by the institutional investor in the retail property group’s market position.

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