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Recession Retail

$1.8 Billion Shopping Centre Write Down

Vivinity Centres has devalued their centres by nearly $1.8 Billion. Has this been priced in or is it just the beginning?

#Recession #Economy #HeiseSays

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Vivinity Centres has devalued their centres by nearly $1.8 Billion. Has this been priced in or is it just the beginning?

References

https://www.news.com.au/finance/business/retail/shopping-mall-owner-vicinity-centres-devalues-its-property-portfolio-due-to-coronavirus-pandemic/news-story/2422b6dd9976a56bc8e58788b665bb4b