Centuria Industrial REIT – industrial property investment
Centuria Industrial REIT (ASX:CIP) offers investors a chance to invest in industrial property via a real estate investment trust (listed property trust). CIP is Australia’s largest domestic pure play industrial property investment vehicle (A-REIT) and is included in the S&P/ASX 200 Index.
CIP’s portfolio includes 89 high-quality, fit-for-purpose industrial assets worth a collective $3.8 billion*. The assets are situated in key in-fill locations and close to key infrastructure.
CIP investment objectives
CIP’s key objective is to build a portfolio of high quality Australian industrial assets to deliver income and capital growth to investors. The portfolio is well positioned with a 90% weighing to Australia’s high performing eastern seaboard industrial markets and underpinned by strong tenant base with approximately 66% of portfolio income derived from tenant customers directly linked to the production, packaging and distribution of consumer staples, pharmaceuticals and telecommunications.
*As at 31 July 2024