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 88 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 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 December 2023

CIP vision, strategy and objectives

CIP Vision, strategy and objectives

About the manager

Centuria Property Funds No. 2 Limited (CPF2L) is the Responsible Entity for CIP and a wholly-owned subsidiary of Centuria Capital Group (ASX:CNI).

CIP benefits from Centuria Capital Group (ASX:CNI) being a hands-on, proactive manager, with in-house property and facilities management and deep leasing capability. CNI^ is CIP’s largest unitholder through a strong co-investment that aligns Centuria Capital Group to CIP’s unitholders.

^Includes associates of Centuria Capital Group

Latest news

04.04.2024

Centuria Industrial REIT sets south Perth industrial benchmark

Australia’s largest listed pure-play industrial fund, Centuria Industrial REIT (ASX: CIP), has secured global alloy and metal specialist, ICD Group, as its first tenant for the recently completed new-build industrial facility at 204 Bannister Road, Canning Vale WA.

07.02.2024

CIP announces upgraded earnings guidance and $1bn development pipeline

Centuria Industrial REIT (ASX:CIP) has announced its half year results for the 2024 financial year, which are underscored by upgraded Funds From Operation (FFO) guidance.

14.08.2023

Centuria Industrial REIT delivers 30% re-leasing spreads1 in FY23

Centuria Industrial REIT has announced positive year end FY23 results, driven by strong leasing activity – underpinned by an average 30% re-leasing spreads – coupled with a strong balance sheet, low debt gearing and diversified capital structure.

01.05.2023

CIP reports 28%1 re-leasing spreads in Q3 FY23

Centuria Industrial REIT (ASX:CIP), has reported year to date positive re-leasing spreads averaged 28%, which reflects continuous tenant demand and record low national vacancy for prime industrial facilities.

28.02.2023

Centuria breaks ground in high-demand infill Vic industrial market

Centuria Industrial REIT (ASX: CIP), together with development partner, Cadence Property Group, has broken ground on a new multi-unit industrial facility within Melbourne’s North, the tightly held infill market where current vacancy rates are less than 0.5%.

31.01.2023

Occupier demand, rising rents continue to fuel urban infill industrial

Centuria Industrial REIT (ASX: CIP), has reported strong HY23 results underpinned by exceptional re-leasing spreads reflecting continuous industrial occupier demand within urban infill markets across Australia.

08.12.2022

CIP cements $181m partnership with Morgan Stanley vehicle

Centuria Industrial REIT (ASX:CIP) has announced an industrial real estate partnership with an investment vehicle sponsored by Morgan Stanley Real Estate Investing

22.11.2022

CIP’s Southside Industrial Estate opens

Australia’s largest listed pure-play industrial fund, Centuria Industrial REIT (ASX:CIP), has officially opened its industrial estate in Dandenong South, with the six unit asset fully leased, illustrating the continuous and prolonged demand for urban infill industrial assets.

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