Centuria Industrial REIT – HY24 results

Australia’s largest listed, domestic pure play industrial REIT

Centuria Industrial REIT (ASX:CIP) has announced its half year results for the 2024 financial year (HY24).

Centuria Capital Group has managed CIP for the past seven years, positioning the A-REIT as Australia’s largest listed, domestic pure-play industrial REIT with a portfolio of 88 high-quality industrial assets worth $3.8billon, with a significant weighting to urban infill industrial markets across Australia. CIP is overseen by a hands-on, active manager and provides investors with income and an opportunity for capital growth from a portfolio of high quality industrial assets.

Centuria Industrial REIT (ASX:CIP) is included in the S&P/ASX200 Index & FTSE EPRA Nareit Global Developed Index.

Results in brief with Jesse Curtis, CIP Fund Manager

Providing unitholders with exposure and diversification across the major sub-sectors of industrial real estate.

MANUFACTURING & PRODUCTION	DISTRIBUTION CENTRES	TRANSPORT LOGISTICS	DATA CENTRES	COLD STORAGE
24% portfolio value	42% portfolio value	15% portfolio value	11% portfolio value	7% portfolio value

1. NTA per unit is calculated as net assets divided by number of units on issue
2. Gearing is defined as total interest bearing liabilities divided by total assets
3. At CIP ownership of joint venture assets
4. By income