Latest Centuria Capital News
Australia’s largest listed pure-play industrial fund, Centuria Industrial REIT, today announced it acquired two development sites and a strategic investment property, providing a collective estimated end value of $59 million, while divesting an asset for $34.5 million.
Centuria Capital Group (ASX: CNI), has secured $223 million worth of healthcare and daily needs retail assets on behalf of existing institutional partnerships.
Centuria Healthcare Property Fund (CHPF) has secured more than $115 million worth of healthcare real estate. Three assets are currently under construction and capitalise on bespoke, operator-led fit-outs, which attract strong tenant covenants and long lease terms. The fourth asset is an $11.3 million medical centre with a recently executed five-year lease extension.
Centuria Capital Group has established a new institutional healthcare partnership through a joint venture with an investment vehicle sponsored by Morgan Stanley Real Estate Investing, to be called the Centuria Prime Partnership.
Construction has started on the $60 million Weststate Private Hospital, North Queensland’s newest private hospital.
Centuria Office REIT (ASX: COF) has leveraged positive tailwinds in Australia’s metropolitan and near-city office markets to deliver strong interim results for the first half of the 2022 Financial Year.