Overview
A Region stapled security represents one security in Region Management Trust and one security in Region Retail trust (formerly SCA Property Management Trust and SCA Property Retail Trust) trading together as one.
SCA Property Group (now Region Group) commenced trading on 19 December 2012 on a normal settlement basis.
The objectives of Region are to provide investors with:
- A geographically diverse portfolio of sub-regional, neighbourhood and freestanding retail assets;
- A tenancy mix with a bias toward tenants that trade in the more defensive non-discretionary segment of the retail market; and
- Long term leases to quality retail tenants providing a secure income stream to support regular distributions to investors.