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The Mandurah Forum had its value written down by $68.8 million.

Vicinity hit with $191m WA write-downs

Shopping centre giant Vicinity Centres has felt the full force of WA’s weak retail climate, after it recorded a $227 million write-down, largely due to the performance of its WA portfolio, which had $191 million wiped off its value.

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Ranked by size of total area under management

1st-Vicinity Centres369,333
2nd↑Primewest215,859
3rd↓Scentre Group205,908
4th↑Perron Group687,836
5th↓Lendlease189,656
44 shopping centre owners ranked by size of total area in m2

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