On 11 June 2015, a Merger of Novion Property Group (Novion) and Federation Centres (Federation) was implemented. The Merger created one of Australia’s leading real estate investment trusts with over $22 billion in assets under management, invested across the full retail asset spectrum.
The Merged Group is a significant owner and manager of Australian retail assets, diversified by retail asset type, geographic location and tenant mix. The Merged Group is the second largest listed manager of Australian retail assets and a top-10 listed manager of retail assets globally.Find out more about the merger
Novion and Federation Centres (Federation) merged on 11 June 2015 to create one of Australia's leading real estate investment trusts. Accordingly, Novion is now part of Federation Centres.
Novion Securityholders approved the merger of Novion and Federation Centres on 27 May 2015. The Merger was implemented on Thursday 11 June 2015.