Centuria Industrial REIT – industrial property investment

Centuria Industrial REIT (ASX:CIP) offers investors a chance to invest in industrial property via a real estate investment trust (listed property trust). CIP is Australia’s largest domestic pure play industrial property investment vehicle (A-REIT) and is included in the S&P/ASX 200 Index. CIP’s portfolio includes 88 high-quality, fit-for-purpose industrial assets worth a collective $3.8 billion*. The assets are situated in key in-fill locations and close to key infrastructure.

CIP investment objectives

CIP’s key objective is to build a portfolio of high quality industrial assets to deliver income and capital growth to investors. The portfolio is well positioned with a 90% weighing to Australia’s high performing eastern seaboard industrial markets and underpinned by strong tenant base with approximately 66% of portfolio income derived from tenant customers directly linked to the production, packaging and distribution of consumer staples, pharmaceuticals and telecommunications.

*As at 31 December 2023

CIP vision, strategy and objectives

CIP Vision, strategy and objectives

About the manager

Centuria Property Funds No. 2 Limited (CPF2L) is the Responsible Entity for CIP and a wholly-owned subsidiary of Centuria Capital Group (ASX:CNI).

CIP benefits from Centuria Capital Group (ASX:CNI) being a hands-on, proactive manager, with in-house property and facilities management and deep leasing capability. CNI^ is CIP’s largest unitholder through a strong co-investment that aligns Centuria Capital Group to CIP’s unitholders.

^Includes associates of Centuria Capital Group

Latest news

07.02.2024

CIP announces upgraded earnings guidance and $1bn development pipeline

Centuria Industrial REIT (ASX:CIP) has announced its half year results for the 2024 financial year, which are underscored by upgraded Funds From Operation (FFO) guidance.

14.08.2023

Centuria Industrial REIT delivers 30% re-leasing spreads1 in FY23

Centuria Industrial REIT has announced positive year end FY23 results, driven by strong leasing activity – underpinned by an average 30% re-leasing spreads – coupled with a strong balance sheet, low debt gearing and diversified capital structure.

01.05.2023

CIP reports 28%1 re-leasing spreads in Q3 FY23

Centuria Industrial REIT (ASX:CIP), has reported year to date positive re-leasing spreads averaged 28%, which reflects continuous tenant demand and record low national vacancy for prime industrial facilities.

28.02.2023

Centuria breaks ground in high-demand infill Vic industrial market

Centuria Industrial REIT (ASX: CIP), together with development partner, Cadence Property Group, has broken ground on a new multi-unit industrial facility within Melbourne’s North, the tightly held infill market where current vacancy rates are less than 0.5%.

31.01.2023

Occupier demand, rising rents continue to fuel urban infill industrial

Centuria Industrial REIT (ASX: CIP), has reported strong HY23 results underpinned by exceptional re-leasing spreads reflecting continuous industrial occupier demand within urban infill markets across Australia.

08.12.2022

CIP cements $181m partnership with Morgan Stanley vehicle

Centuria Industrial REIT (ASX:CIP) has announced an industrial real estate partnership with an investment vehicle sponsored by Morgan Stanley Real Estate Investing

22.11.2022

CIP’s Southside Industrial Estate opens

Australia’s largest listed pure-play industrial fund, Centuria Industrial REIT (ASX:CIP), has officially opened its industrial estate in Dandenong South, with the six unit asset fully leased, illustrating the continuous and prolonged demand for urban infill industrial assets.

07.11.2022

Rare Canning Vale industrial development breaks ground

Centuria Industrial REIT has broken ground on a new 12,300sqm industrial facility in Canning Vale, WA, addressing Perth’s prevailing strong sector tailwinds underpinned by low vacancy rates, limited forecast supply and rising industrial rents.

You are now leaving Centuria Australia
and entering Centuria New Zealand.

continue