News & Media

Centuria Industrial REIT 1H19 results

7 February 2019

Strengthening industrial markets drive strong half-year results, says CIP Centuria Property Funds No. 2 Limited (CPFL2), as Responsible Entity of Centuria Industrial REIT (ASX: CIP), is pleased to announce CIP’s half year financial results for the period ended 31 December 2018. 1H19 financial highlights include: 1H19 Statutory profit of $46.1 million Distributable earnings of $23.3

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CIP Acquires Cargo Park, 1 International Drive, Westmeadows, VIC

15 October 2018

Centuria Industrial REIT (CIP), has acquired a $42.0m1 property at Cargo Park, 1 International Drive, Westmeadows, VIC. The property is strategically located in immediate proximity to Melbourne Airport and is considered the pre-eminent unit estate servicing the precinct. The property is a 25,866sqm multi-tenanted industrial estate located on a prominent 5.6ha freehold site with significant

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Centuria Industrial REIT FY18 results

21 August 2018

Acquisition, leasing success drives 95% profit growth, 17% ROE1 Positive portfolio revaluation and strategic acquisitions result in transformational year as demand for Australian industrial property increases Centuria Property Funds No. 2 Limited (CPF2L) as Responsible Entity of Centuria Industrial REIT (ASX: CIP) today announced full-year financial results to 30 June 2018, topping off a year

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Centuria boss says industrial ‘well supported’

30 June 2018

Centuria Industrial boss Ross Lees maintains Australia’s grass-roots economic strength and diverse industrial activity will continue to support demand for mid-range space. Amid heightened nervousness about toppish valuations reflected in record low yields, Mr Lees said of the sector: “It’s not one size fits all.” “What happens inside an office building is all the same.

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Amazon and the changing face of industrial property

20 June 2018

Amazon’s entry into Australia at the end of 2017 has been heralded as a positive force for change – and a catalyst for efficiency improvements within the supply chain. Amazon’s influence will have implications for the way that the retail sector uses warehousing and for industrial property markets more widely. Here Ross Lees, Trust Manager

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Deleveraging, strong leasing activity delivers value for Centuria Industrial REIT investors

5 June 2018

Experience pays off as strong operational results translate into performance for unitholders Centuria Industrial REIT (CIP) today announced a number of key highlights on results achieved since 31 March 2018, including: Reduction in CIP’s gearing to 37.2%1, the result of an accelerated de-­leveraging program, driven by: A revaluation gain of $27.4 million2 from 10 external

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Centuria Industrial REIT Trust Manager Ross Lees talks 1H18 results and outlook

14 February 2018

Centuria Industrial REIT (CIP) Trust Manager – Ross Lees interview with Finance News Network on 1H18 results and outlook. View the full 1H18 Industrial REIT results presentation.

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CIP 1H18 Interim Results Presentation

8 February 2018

View the Centuria Industrial REIT 1H18 Interim Results presentation with Jason Huljich and Ross Lees by clicking here. View your PDF of the 1H18 Interim Results. For further information please contact the Industrial REIT Trust Manager – Ross Lees on 8293 8245 or via his email. View the Finance News Network interview with Ross Lees on the Industrial REIT results and

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FY17 results reflect ‘transformational’ growth for Centuria REITs

14 August 2017

Centuria Metropolitan REIT (ASX: CMA) and Centuria Industrial REIT (ASX: CIP) post annual profit results   Centuria’s listed property trusts have today announced their FY17 profit results, with both Centuria Metropolitan REIT (ASX:CMA) and Centuria Industrial REIT (ASX: CIP), announcing positive returns for investors with net profits of $37.7 million and $50.8 million, respectively. Nicholas

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Centuria Industrial REIT secures 83,000sqm lease extension

1 August 2017

Centuria Industrial REIT secures 83,000sqm AWH lease extension Centuria Property Funds No.2 Limited (CPF2L) as Responsible Entity of Centuria Industrial REIT (ASX:CIP) is pleased to announce it has renewed leases with AWH Pty Ltd (“AWH”) at the Trust’s existing asset, 310 Spearwood Avenue, Bibra Lake WA (44,296sqm), and the recently acquired adjoining asset at Lot

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