News and media

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 exchange for each of their Augusta shares.

Centuria celebrates its Industrial REIT’s ASX200 status

Centuria Capital Limited (ASX:CNI) has celebrated the announcement that its Industrial Real Estate Investment Trust (REIT) will enter the S&P/ASX200 Index, from Monday 22 June 2020.

Centuria’s unlisted funds lead quarterly index

Five unlisted Centuria Capital real estate funds have dominated the ‘Top 10 Performing Core Funds’ in the recently released Property Council of Australia / MSCI Australia Unlisted Retail Quarterly Property Fund Index (PCA/MSCI Index).

Centuria Acquires 19pc stake in New Zealand’s Augusta Capital

Centuria Capital Ltd, Australia’s rising ASX-listed real estate funds and investment bonds manager, announces it will acquire 19% of Augusta Capital Limited, a leading New Zealand real estate funds manager, with an opportunity to increase its holdings to 24.99%.

Centuria expands into Brisbane occupying its very own 348 Edward Street property

New State General Manager appointed for Centuria’s Brisbane expansion. ~20% of Centuria’s AUM is now made up of Queensland properties Queensland portfolio value of ~$1.6bn with over 100 tenants Centuria Capital (ASX:CNI) has expanded its Brisbane presence, and is opening a centrally located office in its very own 348 Edward Street property, which was acquired by Centuria in late 2019 for $89 million.

Telling time: the property clock, the economy, and why we believe commercial property will continue to perform

Whether you are a property investor, considering a foray into real estate for the first time, or a professional investor, your ability to understand the property cycle  can help you make a more informed decision.

Core Property Awards Centuria Capital Group: Listed Property Fund Manager of the Year 2019

Centuria Capital Group Limited (ASX:CNI) has been awarded the 2019 Listed Property Fund Manager of the Year by Core Property. The award recognises Centuria’s strong performance and delivery over the past 12 months as well as being well positioned for future growth across all its ASX listed and unlisted funds. The awards were announced this week at the Core Property’s Annual Property Funds Industry Forum held in Queenstown,

Centuria goes BaseUp, providing innovative app-based parking solutions for its commercial property tenants

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 across 32 buildings access to 300 bays for short term use for the staff.

$127 million acquisition of 80 Flinders Street, Adelaide

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 prime building,

Centuria Capital Announces Senior Management Appointments

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 the Group. 

Inner city investment snapped up for nearly $37m

• 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.

Metro office markets’ strength revealed as Centuria and BlackRock make significant profit for investors on Zenith towers

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 in Chatswood.