Novion Property Group
Novion was an Australian Real Estate Investment Trust which invested in shopping centres across Australia.
| 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 |
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
As at June 2015, Novion owned had shareholdings in 36 shopping centres.[7][8]
Australian Capital Territory
- 15 Bowes Street, Bowden
New South Wales
- Bathurst City Centre
- Chatswood Chase
- DFO Homebush
- Lake Haven Shopping Centre
- Lidcombe Shopping Centre
Victoria
- 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
- Clifford Gardens
- Grand Plaza Shopping Centre (50%)
- Uptown, Brisbane (50%)
- QueensPlaza
- Runaway Bay Shopping Village (50%)
South Australia
Tasmania
Western Australia
References
- 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
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