Vicinity Centres' property in Chadstone, Victoria. (Photo: Google Maps)

Amid uncertainty caused by the COVID-19 pandemic, Vicinity Centres is turning towards technology in an effort to improve retail sales, and revenue from its properties.

The ASX-listed REIT recently reported a net loss of AUD256.8 million for the financial year that ended on 30 June 2021.

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By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.