Media Releases
Centuria Capital Group 1H19 results
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
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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Centuria wraps up successful year with strategic acquisitions
Centuria Capital Group has grown from $4.6 billion AUM to $5.5 billion1 since 31 December 2017 Centuria Capital Group (Centuria) today announced that Centuria Industrial REIT (CIP) has added two industrial properties to its portfolio. The properties were purchased for a combined total of $54.4 million (excluding costs), with $51 million of the purchase price
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Centuria Capital Group FY18 results
Greater scale drives 29% AUM, 191% NPAT growth Strong operating performance, acquisitions and continued servicing of investor demand through expanding distribution channels Centuria Capital Group (Centuria, ASX: CNI) today announced full-year financial results to 30 June 2018, demonstrating continued positive momentum for the growing property funds manager. FY18 highlights include: Assets under management up 29%
Read MoreCenturia Capital appoints General Counsel and Company Secretary
Centuria Capital Group (Centuria or CNI) has today announced the appointment of Anna Kovarik to the role of General Counsel and Company Secretary. Prior to joining Centuria, Ms Kovarik held the position of Group Risk Manager at Mirvac Group and was previously Head of Group Insurance for AMP and General Counsel and Company Secretary at
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$36 million Epping sale driven by hunger for suburban offices
Investor appetite for suburban metro properties demonstrated by high yield Centuria Metropolitan REIT (CMA) today announced the sale of 3 Carlingford Road, Epping, for $36 million to a private buyer. The sale price represented a 118% increase on the purchase price of $16.5 million in December 2014. The fully-leased office building sold with a tight
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Centuria swoops on landmark Adelaide office tower
South Australia’s premier CBD office property the latest addition to $4.7 billion portfolio Centuria Capital Group (CNI) today announced that it exchanged unconditional contracts for the purchase of a 50% stake in the Bendigo & Adelaide Bank headquarters at 80 Grenfell Street, Adelaide, for $92.3 million. Acquisition of the $184.6 million office tower was made
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Lederer Group wholesale partner for 201 Pacific Highway, St Leonards, NSW
Centuria Capital Group (ASX: CNI) is pleased to announce: Lederer Group to partner CMA in $172 million property Settlement to occur by 10 May 2018 Unlisted wholesale assets to comprise $407 million ($4.6 billion total AUM). Centuria has nominated The Lederer Group as a new wholesale partner for Centuria Metropolitan REIT (ASX: CMA), to acquire
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Centuria expands into property debt funds
Debt funds growing in popularity as an alternative investment With demand for quality investment products at unprecedented levels, Centuria has moved into the emerging market of real estate debt investment to meet a growing investor appetite for higher returning investments. Traditionally the domain of Australia’s major banking institutions, real estate debt investment involves the provision
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Michael Blake appointed to run Centuria Life
Specialist investment manager Centuria Capital Group (ASX: CNI) today announced the appointment of Michael Blake to Head of Centuria Life. Centuria Life is the company’s investment bond business, with more than $850 million in funds under management. Michael has been at Centuria since the beginning of 2016, serving as Head of Sales and Marketing. With
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