News and media

Strategic acquisitions and equity raising for Centuria Industrial REIT

Centuria Industrial REIT 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.

How Australia’s 2020 infra peak will fuel industrial property

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 eBook – How Australia’s 2020 infra peak will fuel industrial property – to find out more. Ross Lees interview with Peter Switzer about the report

News in Brief

Wanderers Sponsorship Update There’s no i in team Centuria are proud to be the co-major sponsors of the Western Sydney Wanderers for the second year running. The WSW has achieved notable success on the world football stage, but it is their efforts across the entire community – from the grassroots up – that appealed to us as an organisation.

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.

Centuria Capital Group FY19 Results

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.

Centuria’s unlisted retail property funds remain at the top of the index

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 the 12 months to 30 June 2019.

$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.

5 steps to commercial property success

There are no guarantees in life or in property investment but there are 5 key things to consider when deciding who to trust with your money. If you’re thinking about investing in a property trust, you should analyse the following characteristics to help choose a property investment manager that you can rely on to make consistently good decisions.