Aventus Retail Property Fund (AVN) - Research

$2.270
Prices as at 16:30, 22 Apr 2019

AVN Current Share Price+

Current Price $2.270
Open $2.280
High $2.280
Low $2.265
Last Close $2.270
Volume 443479
Price Movement - ( No change )
  • +Security prices are delayed by at least 20 minutes and are indicative only.

AVN General Information

Aventus Retail Property Fund
AVN
http://www.aventusgroup.com.au
Retail REITs
1,216
536

AVN Company Overview

Business Description

The Aventus Retail Property Fund (the Fund) (ARSN 608 000 764 was listed on the Australian Securities Exchange and invests in Australian retail property, focusing predominantly on Large Format Retail (LFR) centres in October 2015. On 1 October 2018, the units in the Fund were stapled to Aventus Holdings Limited shares to create the Aventus Group.

AVN Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2018 A 57.40 11.70 -29.70% 19.20 16.30 7.30% 0.0%
2017 A 67.20 16.60 0.00% 14.10 15.90 6.80% 0.0%
2016 A -30.90 -11.10 0.00% 0.00 10.10 4.90% 0.0%

AVN Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2016 A 2017 A 2018 A 2016 A 2017 A 2018 A 2016 A 2017 A 2018 A
Aventus Retail Property Fund (AVN) $1,222M -0.2972 0.0000 0.0000 19.5540 0.0000 0.0000 7.13% 0.00% 0.00%
Scentre (SCG) $20,789M 0.1349 0.0319 0.0286 15.8044 15.3153 14.8896 5.67% 5.78% 5.89%
Shopping Centres Australasia Property (SCP) $2,360M -0.0872 0.2052 0.0270 18.8889 15.6730 15.2603 5.45% 5.76% 5.91%
Unibail-Rodamco-Westfield (URW) $3,988M 0.0000 3.7863 0.0522 63.1198 13.1852 12.5308 3.58% 6.88% 7.19%
Vicinity Centres (VCX) $9,575M -0.7191 0.0000 0.0000 15.0358 0.0000 0.0000 6.47% 0.00% 0.00%

AVN Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.44 19.50 0.95 0.00
Market 0.67 14.50 1.21 1.11
Sector 0.85 15.90 1.07 1.22

AVN Directors

Name Position Start Date
Mr Nico van der Merwe Alternate Director 18 Aug 2016
Mr Darren Holland Chief Executive Officer, Executive Director 22 Jun 2015
Mr Bruce James Carter Non-Executive Chairman, Non-Executive Director 22 Jun 2015
Mr Brett Blundy Non-Executive Director 18 Aug 2016
Mr Kieran Pryke Non-Executive Director 30 Sep 2015
Ms Robyn Narelle Stubbs Non-Executive Director 30 Sep 2015

AVN Management

Name Position
Lawrence Wong Company Secretary
Mary Weaver Company Secretary

AVN Substantial Shareholders

Holding Name
142,643,925 (31.80%) Brett Blundy
28,783,234 (6.38%) Ray Itaoui

AVN Calendar of Events

Date Event
13 February 2020 Report (Interim)
28 October 2019 Report (Annual)
09 August 2019 Report (Prelim)
22 May 2019 Div Pay Date

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