News Articles
Change of Name – Centuria Metropolitan REIT (ASX:CMA) to Centuria Office REIT (ASX:COF)
7 February 2020
Centuria Property Funds Limited (CPFL) in its capacity as responsible entity of the Centuria Metropolitan REIT (ASX:CMA) advises that CMA’s name has been changed to Centuria Office REIT. Reason For Name Change When CMA first listed in 2014, it owned a combination of both office and industrial assets. As CMA evolved, its focus has refined
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Centuria Capital makes a bid for NZ’s Augusta Capital for $174.8 million
29 January 2020
ASX Listed Centuria Capital has made a $174.8 million ($NZ180 million) friendly takeover offer to New Zealand fund manager Augusta Capital, a property management platform with heavy exposure to the strong Auckland commercial property market. To help fund this acquisition Centuria seeks to raise $80 million from shareholders bringing their assets under management up by $1.9
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Centuria ‘LifeGoals’ awarded ‘Very Strong’ by Australia Ratings
12 December 2019
Centuria Life’s latest investment bond offering is recognised for a well-managed, robust investment structure with multiple solutions in one Centuria LifeGoals, Centuria Life’s new investment bonds product, has been awarded a rating of ‘Very Strong’ by Australia Ratings. Centuria Life is part of specialist investment manager Centuria Capital Group (Centuria, ASX: CNI). The ‘Very Strong’
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Centuria continues to deliver for its established unlisted property division
12 December 2019
Centuria Property Funds Limited (Centuria) has exchanged contracts to divest 2-10 Wentworth Street, Parramatta NSW for $105.3m following the completion of the closed ended property fund’s five year term. The property was acquired in December 2014 for $45.1 million. The successful sale reflects Centuria’s proactive asset management capabilities and the current strength across the commercial transaction markets. Centuria refurbished the common
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Centuria LifeGoals Product Spotlight
11 December 2019
Michael Blake, Centuria’s Head of Life, shares with SMSFAdviser the features of investment bonds, and why Centuria’s LifeGoals product might meet your financial needs.
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Strategic Acquisitions and Equity Raising for Centuria Industrial REIT
11 December 2019
Centuria Industrial REIT (ASX:CIP) has entered an agreement to acquire two high quality industrial assets at 46 Robinson Road East, Virginia QLD and 23-41 Galway Avenue, Marleston SA. Both are 100% leased to Arnott’s Biscuits Limited. These additional assets expand CIP’s portfolio value to $1.5 billion, significantly enhance the portfolio’s WALE, introduce a new national
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Latest acquisition for Centuria Metropolitan REIT
10 December 2019
Centuria Metropolitan REIT (ASX: CMA) has entered an agreement to acquire the industry award winning Nishi building at 2 Phillip Law Street, Canberra for $256 million1. Strategically located in the vibrant and gentrified NewActon Precinct, the A-Grade building expands CMA’s portfolio value to $2.1 billion. The acquisition enhances the portfolio’s WALE and occupancy and increases
Read More How Australia’s 2020 infra peak will fuel industrial property
4 November 2019
The infrastructure investment boom, combined with e-commerce, manufacturing trends, and other developments, signals both change and good news for industrial real estate. Read our new eBook to find out more. Ross Lees interview with Peter Switzer about the report
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Centuria Capital Group FY19 Results
13 August 2019
Centuria Capital Group (ASX:CNI) today announced FY19 results to 30 June 2019 with platform growth of 27% to $6.2bn during the financial year.
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Centuria’s unlisted retail property funds remain at the top of the index
13 August 2019
For the tenth quarter in a row, Centuria’s Unlisted Property team has achieved six funds in the top 10 in Australia’s unlisted retail property fundsector’s leading index. Centuria has again taken the top honours in the recently released June 2019 quarter, with Centuria funds taking the top six places based on total return performance for
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