News about Centuria Diversified Property Fund
Joint development partners, ASX-200 listed Centuria Capital Group (ASX: CNI) and Samaras Group, were joined by City of Salisbury Mayor, Gillian Aldridge OAM, and steel manufacturing operator, Apex Group, to celebrate breaking ground on the new $38.25 million industrial development in Direk, South Australia.
To capitalise on retail investor appetite for industrial real estate, the unlisted, open-ended Centuria Diversified Property Fund (CDPF) has secured two industrial facilities worth $50 million on a 11.45 year Weighted Average Lease Expiry (WALE), underpinned by blue-chip national tenants.
Watch Fund Manager, Doug Hoskins, answer some key questions about the Centuria Diversified Property Fund and how it could fit into your investment portfolio.
- Tell us about this Fund
- How has the Fund’s performance tracked during the past twelve months?
- Why you would invest in this Fund?
- What’s the future outlook for this Fund?
Different property investment strategies may achieve different outcomes. Can you achieve liquidity, yield and capital growth through commercial property investing? Read our new eBook to find out more.
Centuria’s Diversified Property Fund acquires its fourth direct property – expanding AUM to over $200M
13-15 Compark Circuit is located within the heart of the Monash Office and Technology Precinct, one of the largest office precincts outside the Melbourne CBD. The precinct is home to several significant facilities and a highly skilled local workforce. The property is a 100% leased A-Grade quality suburban office asset with a 4.0-star NABERS energy rating and a 3.3-year WALE underpinned by a strong tenant mix with multiple long-term tenants.