Centuria Industrial REIT (CIP), is pleased to announce the successful completion of the fully underwritten institutional placement announced on 27 June 2019, raising $70 million through the issue of approximately 23 million new CIP units at an issue price of $3.05 per new unit.

Proceeds of the placement will be used for the acquisition of three high quality industrial assets for a combined value of $59.3 million (excluding costs) with a further $10 million earmarked for capital expenditure to enhance the assets.

CIP Acquisition breakdown Jun 2019

Centuria’s Head of Funds Management and CIP Fund Manager, Mr Ross Lees commented: “These acquisitions are consistent with CIP’s strategy to acquire quality assets in key metropolitan locations that we believe are relevant to the broader tenant market.

“North Geelong is fully leased to a subsidiary of Boardriders Inc., a long-term tenant who has invested significant capital expenditure into the facilities. The asset is well located directly opposite the Port of Geelong, and within 10km of Avalon Airport.”

“Richlands is also fully leased with a 3.3 year WALE and located close to another recently acquired property 616 Boundary Road, adding scale within the Richlands industrial area.”

“Hemmant is being acquired on a vacant possession basis, providing an immediate opportunity to reposition the asset, given it is well located within the prime Port of Brisbane precinct.”

Following completion of the transaction CIP’s portfolio will increase to 45 assets with a value of $1.3 billion and continue to be positioned as Australia’s largest domestic pure play industrial REIT.

Settlement of the Acquisitions is expected to occur during June and July 2019.

  • 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.  Ross Lees, previously Fund Manager, Centuria Industrial REIT (ASX: CIP), will assume Jason Huljich’s previous role as Head of Funds Management for the group.

Centuria Capital has experienced rapid growth with assets under management now exceeding $6.0 billion*. This is in line with the Group’s strategy to grow into adjacent sectors which are a good fit with existing capabilities. In order to enable continued growth, the Board has a long-term strategic plan that includes developing leaders and building additional depth to its senior management team.

The appointments are announced as Centuria officially opens new offices in Chifley Tower to accommodate its growth. This growth includes Centuria’s move into healthcare real estate in April 2019 with the acquisition of a controlling stake in Heathley. It also entered into the social and affordable housing sector, via its agreement with the Government’s National and Affordable Housing Agreement and the NSW State Government’s Social and Affordable Housing Fund in June 2019. And additionally, in 2018 the Group successfully completed capital raising to fund the acquisition of $645 million of assets from Hines Global REIT, Inc.

As a founder Jason Huljich has worked alongside John McBain for twenty-one years, influencing and implementing the strategy. The joint CEOs believe that continuing their successful partnership will best allow the Group to execute on its ambitions and deliver value.

Centuria Capital Chairman, Garry Charny notes that “Jason is part of the DNA of Centuria and this promotion has been championed by his co-founder and joint CEO, John McBain. The Board could not imagine two better stewards of the company in the years ahead and to continue its growth and successes for the benefit of all securityholders.”

John McBain congratulated Jason Huljich and Ross Lees on their appointments, adding: “Centuria has a strong commitment to promote from within. Ross has made a strong contribution in his current role and will ably support both Jason and I in the execution of our growth strategy. Ross continues in his CIP role pending finalisation of the appointment of a new CIP fund manager.”

Mr Charny concluded, “With a clear strategy, a reinforced management structure and growing investor support, Centuria is well positioned for the future.”


*assuming completion of the Heathley Limited acquisition

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. 

  1. Track record

While past performance is no guarantee of future success, a track record of putting investors’ interests first, behaving ethically, and sticking to a clearly-communicated investment process, is a good start. Of course, everyone is subject to market movements in the short-term, but a long-term show of good decision-making, clearly explained, is important.

Investors should look for a well-thought through, transparent and robust investment process, as well as a demonstrable history of consistently sticking to it. How properties are chosen and why, what they will add to an overall portfolio, and what plans there are to upgrade them now or in the future, are all factors that contribute to the ultimate return an investor can expect to receive.

Time spent in the market builds knowledge and experience that can’t be learnt any other way, and it’s also the only way to build strong relationships (the importance of which we cover in point 3).

Transparent dealings at every stage of the investment process are arguably more important now than ever, in a post-Royal Commission world. Some analysts are predicting a tightening of credit and access to funds in the wake of revelations of systemic problems in the past – but those with a track record and a strong balance sheet are likely to be less affected. And the ability to access funds at a reasonable rate is of course important because all costs impact final investment returns.

  1. Size matters

The size of a company’s balance sheet matters because it gives an indication of financial strength of the entity.

A strong balance sheet and conservative capital management are important because they provide comfort not only to investors, but to banks and other financiers. A financially secure company will typically find it easier to access credit and raise equity than one which is considered riskier – and funding costs will usually be more competitive. The cost of debt (and of raising equity) can make a difference to the end return an investor takes home, so getting the most competitive rates is important.

Size also matters in property investment because research and understanding of specific property markets will make good investment decisions more likely. Time on the ground talking to tenants, agents, and other players is crucial when it comes to identifying and securing quality properties for the right price – sometimes off-market.

  1. Relationships matter

Relationships matter in property markets, arguably more than they do in some other investment classes. Investors choosing equities on the basis of quantitative models, for example, don’t need the same market relationships that other investment managers do – particularly property investment managers.

Property transactions can be competitive and complex. Property transactions typically involve a number of participants – vendors and buyers of course, but also commercial property agents and financiers – and long-term industry relationships increase the chances of a favourable deal. Relationships with agents, who play a pivotal role in recommending a buyer to the vendor, are key to success. If a commercial property is for sale via a competitive tender process, the recommendation of the managing agent can make the difference between winning or losing. The same can be said of off market transactions, which can allow for a better deal due to the reduced competition. Relationships are key to identifying potential opportunities, and to negotiating a deal off market.

Strong relationships with tenants can make a significant difference to the returns from a property. Trust between tenant and landlord takes time to build, and close relationships mean fewer surprises with respect to tenants’ intentions. Being the first to know when a tenant requires more space, is experiencing difficulty paying the rent, or is looking to re-locate, means being in a better position to negotiate the best possible deal.

An understanding of the importance of good tenants and good relationships with tenants is the reason that we at Centuria believe strongly in the importance of an in-house asset management team. Our internal asset management team coordinates all negotiations with tenants – which are mostly completed directly, or sometimes in conjunction with a third-party agency.

  1. Flexibility and responsiveness, not bureaucracy

Size matters, but flexibility matters as well, and finding the right balance can be a challenge.

The size and financial strength to compete for quality deals is key, but so is the flexibility to move quickly and negotiate in a matter of days not weeks. This is true in acquisition and sale processes, but it is equally true with tenants. Responding in a timely manner helps build relationships, but it also means securing deals quickly.

  1. Transparency at every stage

Investors have the right to know where their money is going and how it is being invested – down to the last dollar. Investment managers that do a good job of communicating their investment process, outlining reasons for individual investment decisions, and updating investors regularly are more likely to engender trust and loyalty in those investors.

Transparency is key – and there’s nothing like hearing updates from the horse’s mouth. We believe that investors should be able to talk directly to the fund manager – the person responsible for the ultimate decisions about every property transaction. We hold regular investors updates for this purpose, during which investors can ask questions directly of the fund and asset managers and have them answered openly.


Disclaimer

This article was issued by 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), wholly-owned subsidiaries of Centuria Capital Group (ASX: CNI). The information in this article is general information only and does not take into account the financial circumstances, needs or objectives of any person. Centuria is the responsible entity of a number of listed and unlisted property funds, each of which are issued under a product disclosure statement (PDS) that is available on Centuria’s website centuria.com.au 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. The risks relating to an investment are detailed in each Fund’s PDS and Centuria strongly recommends that the PDS be downloaded and read before any investment decision is made. Centuria receives fees from investments in its property funds. Past performance is not a reliable indicator of future performance.

The Australian economy performed well in 2018 – growth accelerated, unemployment fell and construction activity remained strong. It was a busy year for commercial property as well. Beginning with largest ever takeover in corporate Australia – the $33 billion sale of Westfield to global property giant Unibail-Rodamco – the year ended with a major office property transaction, when Canadian pension fund Oxford successfully outbid private equity giant Blackstone for control of the $3.4 billion Investa Office Fund. Office sales hit $16.6 billion in 2018, slightly lower than in 2017, but a solid performance nonetheless.

At the same time, headwinds in the form of volatile capital markets, falling prices in residential property and a slowdown in residential construction have the potential to impact the office sector looking forward.

Office property investors are understandably questioning whether 2019 will bring a continuation of the returns they saw in 2018 – and in our view, the answer is yes.

We believe there are no serious signs that office property is suffering, and we expect that 2019 will be characterised by the same themes that drove returns in 2018 – population growth in Sydney and Melbourne, investment in infrastructure, an improving mining sector, and strong demand from offshore buyers looking for a safe home and a positive yield differential between property and interest rates.

We expect office property markets to remain largely positive across the country and believe Sydney and Melbourne to again emerge as clear winners. Brisbane and Perth have been the weaker of the major CBD office markets over the past few years, but we expect both to continue to stabilise, consolidate, and improve. Canberra and Adelaide on the other hand are likely to remain a tale of two cities – with quality, well-located office property at a premium in terms of rents and value, and older, less attractive assets continuing to struggle.

Sydney and Melbourne office property continues to perform

Vacancy rates in Sydney and Melbourne office property are currently at historically low levels, and market consensus is that, like interest rates, they will remain lower for longer – at least over the next few years.

Sydney CBD office property vacancy was 4.1% in January 2019 – its lowest level in 11 years – and we expect that it will decline still further to a level closer to 3.6% during 2019. Population and job growth are the major drivers of demand and underpin the strength of office markets. We expect that both will remain strong, which means that the current tight supply conditions will most likely continue. The office market contracted by approximately 100,000 sqm in 2017 and 2018 and the outlook for 2019 is a further contraction of 25,000 sqm. Effective rents in Sydney were $657 per sqm at 31 December 2018, but we believe could end the financial year closer to $760 per sqm.

Despite the strength of the market as it stands, and the fact that yields are already trending down towards historical lows, we still believe that there is room for modest yield compression and rental growth. Leasing in office markets remains tight, and tenants are responding in a number of ways: by locking in extra space at current rents where possible, by using space more innovatively in order to reduce workspace ratios, as well as actively seeking properties which allow for greater flexibility in workspace layout.

Vacancy rates in Melbourne office property are slightly lower than those in Sydney – 3.2% at January 2019, and likely to stay around this level as strong demand combined with the current limited supply of new stock converge to keep vacancies low. We expect vacancy to continue its downward trend until the end of 2019, when the influx of 400,000 sqm of new space will impact vacancies, which we expect to rise to an estimated 6%.

Perth and Brisbane office property consolidates and improves

Slow and steady improvement is the overarching theme for both Perth and Brisbane office property, despite the fact that vacancy rates in Perth remain stubbornly high – 18.5% at the end of January 2019. Both cities returned to prime net effective rental growth in 2018 after five years of declines, and we expect this improvement to continue.

Employment in the mining sector is picking up, and we are starting to see demand for office space strengthen as well. There is evidence that tenants are taking their sub-lease space off the market, and CBD rents are expected to hold up at between $280 and $293 per sqm.

Acquisitions in Perth were also up during the 2017-18 financial year, and demand for quality office assets is strengthening as mining improves and buyers focus on the significant yield differentials between Perth and the stronger markets of Sydney and Melbourne. Foreign buyers have been particularly active in the Perth market – six of the eight properties purchased during the 2017-18 financial year were bought by foreign buyers. Demand from Chinese buyers has dropped off, but the gap has been filled by flows from both Hong Kong and Singapore.

Looking forward, there is some news on the supply side as well. Chevron announced in June 2018 that it will build a new 29-storey, 52,000 sqm Asia-Pacific headquarters in Perth. This new building will make up the vast majority of new office supply (estimated at just under 57,000 sqm in total) and will naturally translate into an increase in Premium grade office stock. This is a positive sign of an improving local economy overall, but is likely bad news for secondary assets, which are already struggling and may deteriorate further during the year.

In Brisbane, better-than-anticipated demand for Premium grade office space saw the second highest level of absorption of all office markets over the past 12 months – almost 47,000 sqm in the Brisbane CBD. Vacancy rates fell, albeit to a relatively high 13.0% (as at 31 January 2019). On the supply side, Brisbane differs significantly from Perth – to the extent that stock is being taken out of the market to the tune of 35,000 sqm in the year to July 2019. Ultimately, we expect that the improving outlook for resource markets generally will continue to push vacancies down during 2019.

Investment in Brisbane office property remained solid – $1.1 billion of office space changed hand, 80% of which was sold to offshore purchasers. In our view, sales activity is likely to continue – as an example, Mirvac recently announced that it will sell 50% of its 80 Ann Street property to British fund manager M&G Property’s Asian property fund for $418 million.

On the demand side, a robust infrastructure pipeline is expected to generate both jobs and business confidence – and Premium office space has already felt the benefits. Vacancies in Premium grade space were 9.5% as at 31 December 2018 whereas A grade vacancies were higher, at 11.7%. Rental levels have followed to a certain extent – with modest recovery in gross effective rents across most grades since 2015 – and we do expect this trend to continue in both Premium and A grade stock.

Metro office broadly positive

Metro office stock differs from market to market, which makes it difficult to talk about metro office property as a whole in detail – but it’s fair to say that we continue to be positive on metro office property generally.

Our view is backed up by Colliers, which states that metro office property markets will be key to long-term growth in Australian cities. Population growth in Australia is among the highest in the developed world, and as our CBD office markets are not large enough to accommodate growing numbers of workers – particularly given demand for residential property and hotels in the same space – metro office markets will need to fill the gap.

At the same time, metro office markets are the beneficiary of increasing rents in CBD office space and a lack of affordable space, which is driving tenants into more affordable markets – in particular those well-served by transport links, and/or located on the fringe of CBD areas.

Decentralisation also remains a primary theme for both government and large corporations – and this trend is only growing stronger as rents in CBD office markets rise and infrastructure, in the form of improved transport in some CBD markets, makes metro office property more appealing. Areas with good amenities and transport links have already benefitted. Properties like the Australian Technology Park in Eveleigh on the edge of the Sydney CBD, will soon house 10,000 Commonwealth Bank staff moving from Sydney Olympic Park, where transport and amenities are not as good.

On Sydney’s north shore, rental growth is evident in the fringe office markets. North Sydney had 6.8% vacancy as at the end of January 2019, Macquarie Park was 4.8% and St Leonards 6.1% – and we expect that these vacancy rates will continue to fall. St Leonards in particular should continue to strengthen, as the area around Royal North Shore Hospital becomes a health hub, and transport and amenities improve. There is no new office supply coming into the market in St Leonards over the next 12 months, and this will provide further support for vacancy rates – and rental levels with them.

In Melbourne, the city fringe, inner east, and outer east office vacancy rates are all below long-term average levels. The city fringe in particular has the second lowest office vacancy rate in the country, after Parramatta in NSW, at just below 3.5% – largely driven, as in Sydney, by tenants looking to move from outer suburban markets or to escape the higher office rents in the CBD.

Australia’s largest office-specific REIT continues to improve $1.4bn portfolio

Centuria Property Funds Limited (CPFL), as Responsible Entity of Centuria Metropolitan REIT (ASX: CMA), is pleased to announce CMA’s half year financial results for the period ended 31 December 2018.

1H19 highlights include:

  • Completion of strategic initiatives repositions CMA as Australia’s largest ASX-listed pure play office REIT
  • 12-month Return on Equity1 (ROE) of 10.9%
  • The acquisition of a $521 million portfolio of four office assets continued to raise CMA’s quality and took the portfolio to $1.4 billion2 (from $930.5 million at FY18)3.

Portfolio highlights:

  • Divestment of remaining industrial assets, at premium-to-book values
  • High occupancy maintained at 98.8%;2,4 100% occupancy through WA, SA, VIC and NSW properties
  • Settlement of new Target Headquarters at 2 Kendall Street, Williams Landing boosted the portfolio: 100% occupancy on a 10-year lease and an uplift of $6.0m since acquisition.

A transformative year

Centuria also appointed Grant Nichols as new fund manager of CMA. Mr Nichols, who is a highly experienced fund manager with over 15 years of experience in Australian office markets, said: “In the last year, CMA delivered 10.9% return on equity to unitholders, and is now Australia’s largest sector-specific listed office REIT with a high-quality $1.4 billion portfolio.

“Having made CMA a pure-play in office assets, Centuria has continued to improve the quality of the portfolio – its delivery on strategy is evident in its strong returns to unitholders5.”

In addition to strategic transactions, Centuria’s experienced in-house team continues to deliver high-quality asset management, with over 14,500 sqm6 of net lettable area (6.7% of the portfolio NLA) leased across sixteen transactions during the half – extending the WALE to 4.3 years2,7 and maintaining high occupancy of 98.8%.

Mr Nichols continued “It’s been a truly transformational period for CMA, executing a number of strategic initiatives to create a truly diversified sector-specific office portfolio underpinned by quality income streams. Tenant appetite to make the move from CBDs to better value, strategically located metro markets continues to grow. With a high-quality, fit-for purpose portfolio 89% weighted to the eastern seaboard and an average building age of 15.5 years, CMA is well positioned to capitalise on tenants seeking to expand or reposition across Australian metropolitan markets.”

On track for FY19

The fund returned a statutory profit of $14.7 million in 1H198 and funds from operations of $26.5 million. With a $26.0 million like-for-like revaluation gain in the last 6 months, CMA is well on track for a strong and steady second half, with nearly 60% of CMA’s income expiring at or beyond FY23.

Grant Nichols commented, “The underlying fundamentals for Australian office markets remain solid, with positive leasing activity and falling vacancy rates evident in most major office markets across the country. With pending supply relatively in-check, this should underpin future market rental growth and continued investment demand, which remains strong. As Australia’s largest pure play listed office REIT, CMA’s scalable portfolio is positioned to benefit from investor and tenant demand alike.”

CMA forecasts FY19 funds from operations9 of 18.7cpu and distributions of 17.6cpu.



1 Return on Equity is calculated as (closing NTA minus opening NTA plus distributions) divided by opening
NTA
2 Excludes 13 Ferndell Street, Granville, NSW (settled 31 January 2019)
3 Includes 2 Kendall Street, Williams Landing VIC as if complete
4 By area
5 Past performance is not a reliable indicator of future performance
6 Includes Heads of Agreement
7 By gross income

Strengthening industrial markets drive strong half-year results, says CIP

Centuria Property Funds No. 2 Limited (CPFL2), as Responsible Entity of Centuria Industrial REIT (ASX: CIP), is pleased to announce CIP’s half year financial results for the period ended 31 December 2018.

1H19 financial highlights include:

  • 1H19 Statutory profit of $46.1 million
  • Distributable earnings of $23.3 million
  • 12-month Return on Equity1 (ROE) of 15.8%
  • Balance sheet gearing2 reduced to 37.0%3.

Portfolio highlights:

  • Leases agreed for more than 65,900sqm, representing 8.2% of portfolio GLA
  • Occupancy increased to 97.1% with a WALE of 4.7 years4
  • Portfolio value increased to $1.2 billion
  • $168.6 million of transactions to improve portfolio quality.

On track and on strategy

Commenting on the results, CIP Fund Manager, Ross Lees said “The first half FY19 result continues the momentum created by our team to execute CIP’s strategy of delivering income and capital growth to investors from a portfolio of high quality Australian industrial assets. At the same time, we have successfully grown our pure-play portfolio of Australian industrial real estate.

“Industrial markets continue to strengthen, particularly on the east coast, where increasing land values coupled with improved demand – particularly from growth in e-commerce – is putting upward pressure on rents. Both local and global investors are actively seeking increased exposure to logistics assets, and this is keeping pressure on capitalisation rates.

“With occupancy at 97.1%, lease expiries in FY19 of less than 2% and balance sheet gearing at a manageable 37%, CIP’s portfolio is well positioned as we continue to execute our investment strategy and create value for our investors.”

Acquisitions contributed to increasing valuations

Mr Lees pointed to a number of acquisitions that had helped to expand CIP’s portfolio and tenant base:

“We have had a strong half year of acquisitions and divestments. Speaking to our track record as active portfolio managers, we acquired $112.3 million in high quality properties.5

“These acquisitions, located in established industrial precincts or close to key infrastructure amenity, presented opportunities to expand CIP’s portfolio with complimentary assets whilst introducing new national tenant customers within the portfolio.

“As a result of these acquisitions and selective divestments, CIP’s portfolio is now valued at $1.2 billion, enforcing its position as Australia’s largest ASX-listed income-focused industrial REIT.”

Growth trajectory and strong leasing activity in core market segments

Mr Lees said the REIT has continued to grow value for unitholders with NTA increasing by 3.9% and a 12 month Return on Equity of 15.8%. This has been achieved by continued leasing momentum from FY18 and continuing to identify attractive investment opportunities.

“Our active asset management approach has helped contribute to strong leasing results. We have now improved occupancy to 97.1%6 (94.5% at FY18), and have leases agreed for 65,902 sqm7. In addition, we have continued to improve the Victorian portfolio with 80% of leasing occurring in this sub-portfolio, improving CIP’s Victorian occupancy to 96.4%.”8

The portfolio remains well positioned with lease expiry for the remainder of FY19 now 1.5% of CIP’s total portfolio.

Mr Lees said that CIP’s portfolio had benefited from strong leasing activity, based on growing tenant demand for inner ring industrial space.

“Over the past two years, 74% of national leasing activity has occurred in areas between 5,000 to 20,000 sqm9, according to Jones Lang Lasalle. We are well positioned to benefit from increased activity in our core market segment, which has an average size of 19,484 sqm. these sub-20,000sqm assets are well suited to the rising market of e-commerce tenants who require smaller fulfillment centres closer to urban areas, with a high weighting (64%) to New South Wales and Victoria.”

Outlook for 2019

In conclusion, Mr Lees forecast that CIP would continue to benefit from increasing demand across the industrial and logistics sectors.

“Economic tailwinds provided by e-commerce, last mile logistics and manufacturing continue to drive underlying demand from tenants seeking to be located in infill locations or near core infrastructure facilities. CIP’s portfolio is well positioned to benefit from tailwinds within the industrial sector while our focus on active management, enhancing outcomes for our tenant customers and continuing to identify opportunities to create value for unitholders continue to align with the execution of strategic initiatives for the remainder of the year ahead.”



1 Return on Equity is calculated as closing NTA minus opening NTA plus distributions divided by opening NTA
2 Gearing is defined as total assets borrowings less cash divided by total assets minus cash and goodwill Pro-forma gearing 34.2% post-settlement of 13 Ferndell Street, Granville NSW (settled on 31 January 2019)
3 Gearing is as total borrowings less cash divided by total assets less cash and goodwill
4 By income. Assumes 12 month rental guarantee for Cargo Business Park, 1 International Drive, Westmeadows, VIC
5 Acquisition prices and initial yields before transaction costs
6 By income. Assumes 12-month rental guarantee for Cargo Business Park, 1 International Drive, Westmeadows, VIC
7 Includes heads of agreement (HOA)
8 By income. Assumes 12-month rental guarantee for Cargo Business Park, 1 International Drive, Westmeadows, VIC
9 Source: JLL research

Please be advised that Centuria is transitioning its registry service provider to Boardroom Pty Limited (BoardRoom) for all investments.

The transition follows a comprehensive review of our registry services and tender process. BoardRoom has a 30-year track record in safely managing share registries, offering an efficient, tailored and cost-effective solution, which can deliver an optimal experience for all unitholders.

With this change, Centuria will now offer the Centuria Investor – a centralised platform to easily access all the information related to all your Centuria investments in one place. More information on Centuria Investor can be seen over the page, your login details will be sent out to you in the near future.

To ensure a seamless experience for you, we have arranged the secure transfer of your relevant investment details to BoardRoom. You will be sent information regarding accessing the Centuria Investor website.

If you have questions regarding this transition or on your investment with Centuria, please call Centuria Investor Services on 1800 182 257.

Our new registry

BoardRoom is one of Australia’s leading securities registry providers that is committed to offering Centuria investors with an unrivalled user experience.

This is achieved by ensuring that you have centralised and easy access to all information related to your Centuria investments including:

  • Unlisted Property Funds
  • Listed Entities (CNI, CIP, CMA)
  • Investment Bonds (transitioning soon).

Key features

The Centuria Investor site provides you with 24/7 access to a wide range of self-service options to manage your holdings and personal information. Some of the key features include;

  • Portfolio View where you can link, consolidate and view all of your Centuria investments in a central location;
  • View and manage your personal information including contact details, banking information and tax file number;
  • Access online statements and advices;
  • Cast direct proxy votes online; and
  • See information about your holdings including balance history, reinvestment plans, linked holdings, dividends and other distributions.

Boardroom website interface

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