About the Centuria Industrial REIT
The ASX-listed Centuria Industrial REIT is a registered managed investment scheme, (ARSN 099 680 252). The Centuria Industrial REIT invests in industrial assets within Australia. The Fund’s portfolio comprises 36 industrial assets which are geographically diversified across New South Wales 44%, Victoria 25%, Queensland 19%, Western Australia 9%, Australian Capital Territory 2% and South Australia 1%. These assets have been valued at $891.9 million1. It is the largest pure industrial rent collecting vehicle listed on the ASX.
The Fund owns a portfolio of quality industrial real estate assets delivering stable and predictable rental income with opportunities for value uplift through diligent asset management and repositioning strategies.
The portfolio is well positioned to meet the Fund’s objectives to provide investors predictability and stability of income, through strong portfolio occupancy and weighted average lease expiry profile. Distributions to Fund unitholders are paid quarterly.
Key Fund metrics as at 31 December 2016
- Weighted Average Lease Expiry (WALE) – 4.3 years
- Occupancy – 95.1%
- Capitalisation rate – 7.42%
- Net Assets per unit – $2.36
- Gearing – 42.9%
1. Pro-forma 31 December 2016.