Six Centuria unlisted funds top the index again

13 December 2018

For the sixth quarter in a row, six of Centuria’s unlisted funds are in the top 10 in the unlisted retail property sector’s leading index: The Property Council of Australia/IPD Australia Unlisted Core Retail Property Fund Index.

Centuria took the top honours in the September 2018 quarter with five of its funds taking the first five places with another in seventh place, based on total return performance for the 12 months to September 20181. The funds and their ranking are:

  • 1st: Centuria 203 Pacific Highway Fund
  • 2nd: Centuria Havelock House Fund
  • 3rd: Centuria 8 Central Avenue Fund 2
  • 4th: Centuria ATP Fund
  • 5th: Centuria 8 Central Avenue Fund
  • 7th: Centuria 2 Wentworth St Fund

The PCA/IPD Unlisted Core Retail Property Fund Index measures net asset value2 total returns for core unlisted retail funds within the index in the Australian market. It’s the only index in Australia that measures performance of unlisted retail property funds.

The index takes account of the performance of the properties held within the unlisted fund structure, along with the impact of non-property assets, cash holdings, debt and fees to produce an overall investment return. They are designed to help the real estate investment sector raise its information, reporting and transparency standards to the level of the mainstream exchange traded asset classes.

For the September 2018 quarter, the index included 27 funds totalling $5.7 billion in gross asset value.

For more than 20 years, Centuria has been helping investors grow their wealth through property funds – both listed and unlisted – and investment bonds. Having six of its unlisted funds in the top 10 of the main industry index is testament to the expertise and commitment of Centuria’s Unlisted Property team.

Download the IPD Australia Unlisted Core Retail Property Fund Indexes:

Annualised total return is calculated by Centuria Property Funds Ltd (ABN 11 086 553 639, AFSL 231149) as responsible entity/trustee since 1998 and includes capital gains as well as distributions. Each fund managed by Centuria Property Funds will have different characteristics, properties and risk and should be assessed by an investor independently. None of the Centuria funds listed in this media release are open to investment and should not be relied on by investors when making a decision to invest in any of Centuria’s open funds. Investors should rely on information in a product disclosure statement of any fund open for investment.

1 Past performance is not a reliable indicator of future performance.
2 Net of fees.


Disclaimer
This article contains selected summary information and does not purport to be all-inclusive, comprehensive or to contain all of the information that may be relevant, or which a prospective investor may require in evaluations for a possible investment in Centuria Capital or its subsidiaries. It should be read in conjunction with periodic and continuous disclosure announcements which are available at centuria.com.au.
This media release is provided for general information purposes only. It should not be relied upon by the recipient in considering the merits of Centuria or the acquisition of securities in Centuria subsidiaries.
Centuria Property Funds Limited (ABN 11 086 553 639, AFSL 231149) and Centuria Property Funds No. 2 Limited (ABN 38 133 363 185, AFSL 340304), subsidiaries of the Centuria Capital Group, are Responsible Entities of Centuria’s listed and unlisted property funds. These funds are issued under a disclosure document that is available on Centuria’s website for all funds open for investment. An investment in any of Centuria’s property funds carries risks associated with an investment in direct property including the loss of income and capital invested.
Before making an investment decision, the recipient should consider its own financial situation, objectives and needs, and conduct its own independent investigation and assessment of the contents of this announcement, including obtaining investment, legal, tax, accounting and such other advice as necessary or appropriate.
This article may contain forward-looking statements, guidance, forecasts, estimates, prospects, projections or statements in relation to future matters (‘Forward Statements’). No independent third party has reviewed the reasonableness of any such statements or assumptions. No member of Centuria represents or warrants that such Forward Statements will be achieved or will prove to be correct or gives any warranty, express or implied, as to the accuracy, completeness, likelihood of achievement or reasonableness of any Forward Statement contained in this media release.