Colonial First State Global Asset Management

Novion was an Australian Real Estate Investment Trust (A-REIT) which invested in shopping centres across Australia.

It was originally listed on the in April 1994 under the name Gandel Retail Trust. It was managed by Colonial First State, based in Sydney, under the name CFS Retail Property Trust until 2013, when it separated. It took the name Novion in 2014.

Novion merged with Federation Limited in June 2015, to become Vicinity Centres.

The Trust has a portfolio of 25 assets including:

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