Novion Property Group
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Novion was an Australian Real Estate Investment Trust which invested in shopping centres across Australia.
Quick Facts Formerly, Traded as ...
Formerly | CFS Retail Property Trust Gandel Retail Trust |
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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 |
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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]