News and media
Please find below news and media articles related to Centuria Capital.
06.12.2018
Appointment of Centuria Metropolitan REIT Fund Manager
Centuria Property Funds Limited (CPFL) is pleased to announce the appointment of Mr Grant Nichols as Fund Manager of Centuria Metropolitan REIT (CMA). Mr Nichols brings over 16 years of experience across real estate and funds management with a deep track record particularly focused on commercial real estate. Most recently, Mr Nichols was Fund Manager of the ASX listed Australian Unity Office Fund.
04.12.2018
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 raised via an underwritten entitlement offer.
02.11.2018
Centuria’s unlisted retail property funds top index again
For the sixth quarter in a row, Centuria’s Unlisted Property team has achieved six funds in the top 10 in the unlisted retail property sector’s leading index.
10.10.2018
CNI platform acquires $645 million Hines office portfolio
Centuria Metropolitan REIT (CMA) and the Lederer Group have entered into agreements to acquire $645 million of four high quality office assets from a subsidiary of Hines Global REIT, Inc. CMA will acquire three assets (818 Bourke Street, Melbourne, 825 Ann Street and 100 Brookes Street, Fortitude Valley, Brisbane) and a 25% interest in 465 Victoria Avenue,
14.08.2018
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% to a new peak of $4.9 billion Operating earnings per share rose 58% to 16.3 cents ,
05.07.2018
Centuria 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 AMP Capital Brookfield.
29.06.2018
Centuria raises $80K for kids in need
Centuria’s annual Trivia Night has exceeded expectations this year, raising more than $80,000 for St Lucy’s School for students with disabilities last night.
22.06.2018
Centuria Capital Group (ASX:CNI) FY2018 wrap on FNN
Centuria Capital Group Limited (ASX:CNI) CEO, John McBain talks about a busy year during which Centuria Capital grew its property portfolio, added wholesale partners and increased recurring revenues.
20.06.2018
$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 passing yield of 5.4%,
26.04.2018
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 of senior lending,
24.04.2018
Michael Blake appointed to run Centuria Life
Centuria Capital Group today announced the appointment of Michael Blake to Head of Centuria Life, the company’s investment bond business, with more than $850 million in funds under management.
28.03.2018
Property markets evolve, fundamentals stay the same
Due diligence is essential before making any investment decision – and property is no exception. Direct property markets may not be as volatile as equities and other listed investments, but they are affected by a large number of factors (both macroeconomic and property-specific), so understanding and interpreting these factors is essential to making the best possible decisions.
