Latest news
$192m increase in Centuria Industrial REIT’s Portfolio within Q3 FY21
- 8.1% portfolio value increase on a like for like basis, during Q3 FY211
- 46bps increase in total portfolio WACR to 4.96%2
- Proforma NTA increased to $3.32 per unit3
- Total portfolio value increased to $2.6bn4.
Centuria Cements 62nd Industrial Asset for Pure-Play REIT
- $26.25 million Bella Vista warehouse acquisition is the REIT’s 12th transaction in FY21
- Largest domestic acquirer of industrial assets in FY21, to date, totalling $757.2 million
- FFO earnings upgraded twice during FY21
- Portfolio value tripled to $2.4 billion and WALE more than doubled to 9.8 years
Transformative HY21 Results for Centuria Industrial REIT
Centuria Industrial REIT (ASX: CIP) has announced a transformative set of results for the first half of the 2021 Financial Year (HY21) with a record number of acquisitions as well as significant leasing activity within the six-month period.
$171m Cold Storage Portfolio Acquired by Centuria Industrial REIT
Centuria Industrial REIT (ASX:CIP) has acquired a three-asset industrial portfolio of cold storage facilities, worth a collective $171.1 million, providing an average initial yield of 5.62%.
Centuria Opens Expanded Woolworths Regional Distribution Centre
Centuria Industrial REIT has announced its Townsville distribution centre’s expansion has completed and sole tenant, Woolworths, officially opened the facility.
Centuria Industrial REIT Acquires $43m Ormeau Cold Storage Warehouse
Centuria Industrial REIT (ASX:CIP) has acquired a 9,554sqm cold facility in Ormeau, Queensland, for $43m on an initial yield of 5.5%, a strategic play to capitalise on the rising demand for cold storage facilities which currently outweighs supply.