Latest news
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.
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.
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%.
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.
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
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.
Rare Canning Vale industrial development breaks ground
Centuria Industrial REIT has broken ground on a new 12,300sqm industrial facility in Canning Vale, WA, addressing Perth’s prevailing strong sector tailwinds underpinned by low vacancy rates, limited forecast supply and rising industrial rents.
Double-digit rental growth and healthy leasing activity underpin CIP FY22 results
Centuria Industrial REIT (ASX: CIP), Australia’s largest listed pure-play industrial REIT, today announced strong year end FY22 results, which delivered on upgraded Funds from Operation (FFO) guidance of 18.2 cents per unit (cpu), and distribution guidance of 17.3cpu.