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 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 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 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

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. 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

Latest news


$171m Cold Storage Portfolio Acquired by Centuria Industrial REIT

• Three high-quality, cold store industrial facilities acquired for $171.1million on an average initial yield of 5.62% • Portfolio is 100% occupied, with an average 6.4 year Weighted Average Lease Expiry (WALE) across the QLD, NSW and VIC assets • A $125 million, fully underwritten institutional placement will be undertaken to partially fund the acquisition • Centuria’s funds have acquired c.$1.1 billion of industrial assets within 12 months.

Centuria Opens Expanded Woolworths Regional Distribution Centre

Townsville DC becomes a Game-Changer for Woolworths Centuria Industrial REIT (ASX: CIP) has announced its Jay Street, Bohle (Townsville) distribution centre’s expansion has completed and sole tenant, Woolworths, officially opened the facility on Friday 2 October. The Townsville Regional Distribution Centre (TRDC) completed a six-month $12m redevelopment, doubling its footprint to 10,416sqm and enabling Woolworths to improve its stock availability to North Queensland.

Centuria Industrial REIT Acquires $43m Ormeau Cold Storage Warehouse

1 Lahrs Road, Ormeau, Queensland   Modern 9,554sqm cold facility in Ormeau, QLD, acquired with an initial yield of 5.5% 6.5-year WALE, 100% occupied Capitalises on demand for cold storage facilities, which currently outweighs supply Services the non-discretionary food related market. Centuria Industrial REIT (ASX: CIP) has acquired a 9,554sqm cold facility in Ormeau, Queensland, for $43m on an initial yield of 5.5%,

CIP expands portfolio: Acquiring two industrial assets

Centuria Property Funds No. 2 Limited (CPF2L), as Responsible Entity of Centuria Industrial REIT (ASX: CIP), has announced the acquisition of two industrial assets collectively worth $32.5m, with 100% occupancy and an average WALE of 8.0 years. The acquisitions build on CIP’s strategy to acquire fit-for-purpose, high-quality industrial assets in key in-fill locations throughout Australia. Both assets expand CIP’s presence in core industrial markets,

Centuria Announces Board Changes

Centuria has announced the appointment of Natalie Collins to the Boards of Centuria Property Funds No. 2 Limited (CPF2L), Centuria Life Limited (CLL) and Over Fifty Guardian Friendly. Roger Dobson has also been announced as the new Chairman of CPF2L. The appointments coincide with the reorganisation of several boards including: CPF2L is the Responsible Entity of Centuria Industrial REIT (ASX: CIP) Centuria Property Funds Limited (CPFL) is the Responsible Entity of Centuria Office REIT (ASX: COF).