You are now leaving Centuria Australia
and entering Centuria New Zealand.
Australia’s largest domestic pure play industrial REIT.
Throughout FY25, CIP continued to capitalise on strong leasing momentum while maintaining a robust balance sheet to deliver solid results.
High leasing volumes exceeding 150,900 sqm3 were achieved, with average 34%4 positive re-leasing spreads. CIP’s portfolio is heavily weighted to core urban infill markets on Australia’s east coast and is well positioned to continue benefiting from strong leasing conditions.
CIP executed $140m of strategic divestments at +12% premium to book value5 in FY25 with proceeds used to repay debt, ending the year with gearing at 33.2%2 at the lower end of the target gearing range.
Watch Grant Nichols, Head of Listed Funds and CIP Fund Manager, discuss the Fund’s FY25 highlights.
Press play to watch the video.
42% portfolio value
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7% portfolio value