Latest Centuria Capital News
17.11.2020
$171m Cold Storage Portfolio Acquired by Centuria Industrial REIT
• Three high-quality, cold store industrial facilities acquired for $171.1million on an average initial yield of 5.62% • Portfolio is 100% occupied, with an average 6.4 year Weighted Average Lease Expiry (WALE) across the QLD, NSW and VIC assets • A $125 million, fully underwritten institutional placement will be undertaken to partially fund the acquisition • Centuria’s funds have acquired c.$1.1 billion of industrial assets within 12 months.
04.11.2020
Centuria Healthcare Settles $115m worth of Real Estate
Centuria Healthcare has settled approximately $115m worth of day and short-stay hospitals for its recently launched open-ended unlisted Centuria Healthcare Property Fund (CHPF). The geographically dispersed assets that were settled within the past three weeks include three day and short-stay hospitals: the $55.5m Bloomfield Medical Centre in Orange, NSW, the $51.7m Vermont South Medical Centre in Vermont South,
02.11.2020
Why investors are flocking to the suburbs
Centuria Office REIT (ASX: COF) Fund Manager, Grant Nichols, weighed into JLL’s research about the strength of decentralised office markets from an investment perspective. Listen to his interview on JLL’s Perspectives podcast. You can read the full article on JLL’s site too.
29.10.2020
Welcome to our Spring 2020 Newsletter
Welcome to the second edition of our video-style newsletter. In this edition, John provides an update on the completed Augusta takeover, our GICS reclassification and our strategy to become a Top 3 Australian real estate funds manager. Jason elaborates on the industrial, healthcare and decentralised office funds’ performance throughout Q1 FY21. Ross explains how Centuria has paid $220m in distributions to our investors throughout FY20.
28.10.2020
Time to get sticky
by Andrew Hemming, Managing Director, Centuria Healthcare Over the past seven months, COVID has tested the strengths of the relationship between the tenant and the landlord. Tenants would like to improve their business economics through lower rent (or a rent holiday), which is diametrically opposed to the desires of landlords. Healthcare operators felt the effects of restricted access for elective surgery and pathology testing,
26.10.2020