Latest Centuria Capital News
09.07.2020
Centuria Secures Two-thirds of Augusta Shares
Declares Offer Unconditional for Full Takeover Centuria Capital has declared its takeover offer of Augusta Capital unconditional having secured 65.86% of the New Zealand property company’s shares as of Wednesday 8 July. This means Centuria is on track for a full takeover of Augusta, providing NZ$0.22 in cash plus 0.392 Centuria stapled securities for each
16.06.2020
The Cinderella of Real Estate Investments
Almost 50 years ago the investment sector witnessed the floating of Australia’s first real estate investment trust (REIT), shining a spotlight on commercial property’s ability to generate returns for individuals as well as institutions. While office and industrial assets continue to hold the limelight, emerging from the shadows is the overlooked, soon-to-be belle of the
15.06.2020
Centuria makes $130m takeover bid for NZ’s Augusta Capital
Today, Centuria Capital Group (ASX:CNI or Centuria) reignited its bid for the NZX-listed Augusta Capital Limited by lodging a takeover notice, which could see Centuria grow its assets under management by 24% to AU$8.9 billion. The proposed offer is worth NZ$130million. It would give Augusta shareholders NZ$0.20 in cash and 0.39 Centuria Stapled Securities in
12.06.2020
Centuria Celebrates its Industrial REIT’s ASX-200 Status
Today, Centuria Capital Limited (ASX:CNI) celebrated the announcement that its Industrial Real Estate Investment Trust (REIT) will enter the S&P/ASX200 Index, from Monday 22 June 2020. Centuria Industrial REIT (CIP) is Australia’s largest domestic pure play industrial REIT with 49 high-quality assets, worth $1.6 billion, located in last-mile and infill locations across major industrial markets.
28.05.2020
John McBain talks with Peter Switzer
John McBain was interviewed by Peter Switzer for Switzer TV around COVID-19 and the impact on the property sector, as well as some commentary on the industry.
22.05.2020
Why invest in Healthcare?
In May 2019, Centuria announced the acquisition of a 63% economic interest in Heathley Limited and its property funds management platform, Heathley Asset Management Limited. Heathley Limited was subsequently renamed to Centuria Heathley Limited. The transaction introduces a new asset class to Centuria’s expanding real estate platform and fully aligns it to the healthcare property