Undervalued Australian High-Yielders

Vicinity Centres

Market Cap: AU$11.6b

Vicinity Centres is one of Australia leading retail property groups with a fully integrated asset management platform, and 24 billion dollar in retail assets under management across 52 shopping centres, making it the second largest listed manager of Australian retail property.

Stockland

Market Cap: AU$9.9b

A leading creator and curator of connected communities with people at the heart of the places we create.

GPT Group

Market Cap: AU$9.0b

The GPT Group is one of Australia’s leading property groups, with assets under management of $34.1 billion across a portfolio of high quality retail, office and logistics assets.

TPG Telecom

Market Cap: AU$8.4b

Provides telecommunications services to consumer, business, enterprise, and government and wholesale customers in Australia.

Australian Foundation Investment

Market Cap: AU$8.3b

A publicly owned investment manager.

Mirvac Group

Market Cap: AU$6.7b

An Australian Securities Exchange listed company, with an integrated asset creation and curation capability.

DEXUS

Market Cap: AU$6.5b

A leading Australasian fully integrated real asset group, managing a high-quality Australasian real estate and infrastructure portfolio valued at $51.5 billion.

Argo Investments

Market Cap: AU$6.5b

A publicly owned investment manager.

Bendigo and Adelaide Bank

Market Cap: AU$6.1b

Engages in the provision of banking and other financial services to retail customers and small to medium sized businesses in Australia.

Bank of Queensland

Market Cap: AU$4.3b

Engages in the provision of financial services in Australia.

BWP Trust

Market Cap: AU$2.8b

BWP Trust was established and listed on the Australian Securities Exchange (ASX).

Region Group

Market Cap: AU$2.6b

An internally managed real estate investment trust (REIT) with 87 convenience-based retail properties, valued at $4,374 million.

HomeCo Daily Needs REIT

Market Cap: AU$2.6b

An Australian Real Estate Investment Trust listed on the ASX with a mandate to invest in convenience-based assets across the target sub-sectors of Neighbourhood Retail, Large Format Retail and Health & Services.

Charter Hall Long WALE REIT

Market Cap: AU$2.5b

An Australian Real Estate Investment Trust (REIT) listed on the ASX and investing in high quality Australasian real estate assets that are predominantly leased to corporate and government tenants on long term leases.

Lendlease Group

Market Cap: AU$2.3b

Operates as an integrated real estate and investment company in Australia, Asia, Europe, and the Americas.

Charter Hall Retail REIT

Market Cap: AU$2.2b

Charter Hall Retail REIT is the leading owner of property for convenience retailers.

Stanmore Resources

Market Cap: AU$2.0b

Engages in the exploration, development, production, and sale of metallurgical coal in Australia.

Centuria Industrial REIT

Market Cap: AU$1.9b

Centuria Industrial REIT is Australia’s largest domestic pure play industrial REIT and is included in the S&P/ASX 200 Index.

Abacus Storage King

Market Cap: AU$1.8b

Owns, operates, and manages a self-storage operating platform in Australia and New Zealand.

Orora

Market Cap: AU$1.7b

Designs, manufactures, and supplies packaging products and services in Australia, New Zealand, the United States, and internationally.

Growthpoint Properties Australia

Market Cap: AU$1.7b

Growthpoint Properties Australia vision is to create sustainable value in everything they do, by being the forward-thinking, trusted partner of choice.

Nine Entertainment Holdings

Market Cap: AU$1.5b

Engages in the broadcasting and program production businesses across free to air television, video on demand, and metropolitan radio networks in Australia.

BKI Investment

Market Cap: AU$1.4b

A publicly owned investment manager.