News and media

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. 

Centuria announce the formation of Centuria Heathley Limited

Centuria has entered the strongly performing healthcare real estate sector with its wholly-owned subsidiary, Centuria Platform Investments Pty Ltd, acquiring a 63.06% economic interest in Heathley Limited’s (Heathley) property funds management platform for $24.4 million.

Centuria’s unlisted retail property funds maintain the edge

For the ninth quarter in a row, Centuria’s Unlisted Property team has achieved six funds in the top 10 in the Australian unlisted retail property sector’s leading index. Once again Centuria has taken the top honours in the recently released March 2019 quarter, with Centuria funds taking five of the top six places based on total return performance for the 12 months to 31 March 2019.

Centuria enters social and affordable housing market

Centuria has partnered with Compass Housing and Tetris Capital to source, develop and deliver 192 dwellings across four separate properties throughout the Hunter and Central Coast regions.

Centuria Capital Group 1H19 results & outlook with John McBain

Centuria’s Capital Group CEO, John McBain, talks 1H19 results, growth in group assets under management (AUM) to $5.6 billion and the group outlook.

The Zenith benefits from hands-on approach

The success Centuria has achieved with The Zenith highlights our strategy of identifying opportunities in strengthening markets where hands-on active management can make a difference, says Stuart Wilton. Based in Sydney’s Chatswood, The Zenith is one of the city’s most in-demand metro office properties. We bought this A-Grade asset in July 2016 through our unlisted funds business for $279 million as a 50-50 joint venture with a private real estate fund managed by BlackRock.

Changing retail landscape affects industrial sector

Ross Lees, Fund Manager for Centuria Industrial REIT, shares his opinion on the link between industrial property and the changing make-up of the retail sector. The retail sector continues to perform well despite recent gloomy headlines. Data shows to December 2018, retail sales (online and in-store) grew 3.1% year-on-year¹. Australia has a growing population (up 1.6% year-on-year)² and 26 years of uninterrupted economic growth³.

South East Queensland: The investable gateway

South East Queensland (SEQ) is the self-proclaimed “liveable gateway” for good reason – and as Centuria Metropolitan REIT’s (CMA) Fund Manager Grant Nichols explains, it’s also a region that offers promising opportunities for commercial property investment. Why do we believe we’ll see increasing investor interest in this market? Strong population growth, a diversified and growing economy,

Centuria LifeGoals: the new generation of investment bonds

Once pushed into the shadows as superannuation became the tax-effective vehicle of choice, now a new generation of investment bonds are taking centre-stage. Michael Blake, Head of Centuria Life, explains what’s changed. Following changes by successive federal governments, superannuation is no longer as attractive as it previously was, especially if you’re a high-net-worth investor. The restrictions around contribution caps and the balance transfer cap have meant attention has refocused on other tax-effective products,