News & Media
Please find below all news and media articles related to Centuria Capital.
Inner city investment snapped up for nearly $37m
13 June 2019
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. Centuria Property Funds Limited (Centuria) has sold 19 Corporate Drive in Cannon Hill, an A-grade office building
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Metro office markets’ strength revealed as Centuria and BlackRock make significant profit for investors on Zenith towers
11 June 2019
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
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Centuria Diversified Property Fund acquires the top-tier ‘Optus Centre’ from Quintessential Equity
3 June 2019
Centuria Diversified Property Fund (CDPF) has announced the acquisition of 10 Moore Street, Canberra. The property known as the ‘Optus Centre’ will be purchased for $35 million from commercial property group Quintessential Equity and, combined with the recent purchase of an office property in Hamilton, Queensland, will take CDPF’s Assets Under Management (AUM) to over
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Centuria announce the formation of Centuria Heathley Limited
23 May 2019
A Specialist Healthcare Funds Management Vehicle 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. The transaction has been funded from Centuria Capital Group’s balance sheet. On completion of
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Centuria’s unlisted retail property funds maintain the edge
15 May 2019
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
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Centuria Diversified Property Fund announces acquisition of first direct asset
29 April 2019
Purchase of 381 Macarthur Ave for $19.74 million Centuria Capital Group (Centuria) has today announced the acquisition of 381 Macarthur Avenue, Northshore Hamilton, QLD. The new-build office, purchased by the Centuria Diversified Property Fund (CDPF, the Fund) for $19.74 million, is the Fund’s first direct property acquisition. Settlement is expected by the end of May
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Centuria Enters Social and Affordable Housing Market
17 April 2019
Centuria has partnered with Compass Housing and Tetris Capital as part of the Commonwealth Government’s National and Affordable Housing Agreement and the NSW State Government’s Social and Affordable Housing Fund to source, develop and deliver 192 dwellings across four separate properties1 throughout the Hunter and Central Coast regions. Centuria has agreed to contribute circa $20
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Centuria Capital Group 1H19 results & outlook with John McBain
10 April 2019
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. Disclaimer This video was issued on 21 March 2019 by Centuria Capital Group Limited (ABN 22 095 454 336) and Centuria Property Funds Management No. 2 Limited (ABN 38 133
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The Zenith benefits from hands-on approach
10 April 2019
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
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Changing retail landscape affects industrial sector
10 April 2019
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
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