This is a negative for WPR.
1. Coles is better tenant credit than VEA
2. Coles presumably is better at managing a retail business than VEA, so if the profitability of the retail side decreases, the rent VEA will be willing to pay WPR on any renewals will be lower.
3. That Coles was willing to sell the retail business suggests that they don't believe in it which is not a good thing for WPR.
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Last
$2.46 |
Change
-0.010(0.40%) |
Mkt cap ! $1.622B | |||
| Open | High | Low | Value | Volume |
| $2.49 | $2.49 | $2.46 | $4.723M | 1.914M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 35917 | $2.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.49 | 9197 | 2 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| WPR (ASX) Chart |