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 53 high-quality, fit-for-purpose industrial assets worth a collective $2.1billion*. The assets are situated in key in-fill locations and close to key infrastructure.
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 60% of portfolio income derived from occupants directly linked to the production, packaging and distribution of consumer staples telecommunications and pharmaceuticals.
*As at 22 September 2020
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. CIP accounts for 22% of Centuria Capital Group’s total assets under management. 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