Media Releases
Centuria goes BaseUp, providing innovative app-based parking solutions for its commercial property tenants
3 September 2019
Centuria signs up to parking technology, further enhancing the service quality for its tenants. The app-based system will increase value and client satisfaction through ease-of-use parking provisions. Centuria, an earlier adopter of BaseUp, will be the first property group to roll this out nationally, across the largest portfolio of assets. Centuria will provide 280 tenants
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$127 million acquisition of 80 Flinders Street, Adelaide
22 July 2019
Centuria Capital Group (Centuria) is pleased to announce: Unconditional exchange to acquire 100% interest in 80 Flinders Street, Adelaide, launch of new unlisted fund Strong commencement to FY20 with $127 million acquisition – expands upon more than $0.9 billion of Group transactions in FY19 Attractive commencing fund FY20 distribution yield of 6.50% p.a.1,2 Fully leased
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Centuria Capital Announces Senior Management Appointments
21 June 2019
Jason Huljich appointed joint CEO, alongside John McBain who remains in a full-time capacity as joint CEO Ross Lees appointed Head of Funds Management Centuria Capital Group (Centuria ASX: CNI) has announced two internal promotions effective 21 June 2019. Jason Huljich, previously Head of Real Estate and Funds Management, will join John McBain to co-lead
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Inner city investment snapped up for nearly $37m
13 June 2019
Centuria has sold an A-grade office building in Brisbane’s inner-city suburb of Cannon Hill for $36.95m The expressions of interest campaign generated strong demand, resulting in 9 offers A total return of 109% was generated for Centuria investors. Centuria Property Funds Limited (Centuria) has sold 19 Corporate Drive in Cannon Hill, an A-grade office building
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Metro office markets’ strength revealed as Centuria and BlackRock make significant profit for investors on Zenith towers
11 June 2019
Centuria and BlackRock’s Zenith office towers in Chatswood Centuria and BlackRock sell The Zenith for $438.2 million Over 40,000 sqm leased during ownership period (58 deals) WALE extended by 80% Centuria Property Funds Limited (Centuria) and a private fund managed by global investment manager BlackRock today announced the sale of their jointly-owned Zenith office towers
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Centuria Diversified Property Fund acquires the top-tier ‘Optus Centre’ from Quintessential Equity Diversified Commercial Property Group, to take AUM over $100m
28 May 2019
Centuria Capital Group (Centuria) today announced the acquisition of 10 Moore Street, Canberra. The property known as the ‘Optus Centre’ will be directly purchased by Centuria Diversified Property Fund (CDPF) for $35 million from commercial property group Quintessential after contracts were exchanged last week. Commenting on the acquisition, Centuria’s Head of Real Estate and Funds
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Centuria Diversified Property Fund announces acquisition of first direct asset
29 April 2019
Purchase of 381 Macarthur Ave for $19.74 million Centuria Capital Group (Centuria) has today announced the acquisition of 381 Macarthur Avenue, Northshore Hamilton, QLD. The new-build office, purchased by the Centuria Diversified Property Fund (CDPF, the Fund) for $19.74 million, is the Fund’s first direct property acquisition. Settlement is expected by the end of May
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Centuria bolsters distribution network support
29 March 2019
New hires expand adviser-focused distribution team and support growing business platform Centuria Capital Group (Centuria) has appointed financial services and product distribution specialist Dave Brownett to the role of Distribution Manager for Victoria and Western Australia. Mr Brownett will be responsible for increasing investment in Centuria’s range of unlisted property trusts, and in its refreshed
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Centuria Capital Group 1H19 results
13 February 2019
Strategic property acquisitions support REIT AUM growth Centuria Capital Group (ASX: CNI) today announced half-year results for the period to 31st December 2018. Highlights include: Strong 14.3% AUM growth in 1H19 to $5.6 billion, underpinned by 20% increase in real estate AUM to $4.8 billion, from: Property acquisitions, valued at $740 million, including the Hines
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Chatswood’s Zenith towers 100% leased: reinforcing market as a major commercial office precinct
7 December 2018
The Zenith becomes one of the most in-demand metro office properties in Sydney: Both towers now 100% leased after significant active asset management by Centuria’s unlisted funds team, in conjunction with partner BlackRock Centuria Capital Group (Centuria, ASX: CNI) today announced that since acquiring The Zenith, – a two-tower A-Grade office building on Sydney’s north
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