News & Media

Strategic Acquisitions and Equity Raising for Centuria Industrial REIT

11 December 2019

Centuria Industrial REIT (ASX:CIP) has entered an agreement to acquire two high quality industrial assets at 46 Robinson Road East, Virginia QLD and 23-41 Galway Avenue, Marleston SA. Both are 100% leased to Arnott’s Biscuits Limited. These additional assets expand CIP’s portfolio value to $1.5 billion, significantly enhance the portfolio’s WALE, introduce a new national

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How Australia’s 2020 infra peak will fuel industrial property

The infrastructure investment boom, combined with e-commerce, manufacturing trends, and other developments, signals both change and good news for industrial real estate. Read our new eBook to find out more. Ross Lees interview with Peter Switzer about the report

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Centuria Industrial REIT FY19 Results

6 August 2019

Centuria Industrial REIT (ASX:CIP), Australia’s largest ASX listed domestic pure play industrial REIT, today announced FY19 results to 30 June 2019.

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Successful completion of $70m institutional placement for CIP

3 July 2019

Centuria Industrial REIT (CIP), is pleased to announce the successful completion of the fully underwritten institutional placement announced on 27 June 2019, raising $70 million through the issue of approximately 23 million new CIP units at an issue price of $3.05 per new unit. Proceeds of the placement will be used for the acquisition of

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Changing retail landscape affects industrial sector

10 April 2019

Ross Lees, Fund Manager for Centuria Industrial REIT, shares his opinion on the link between industrial property and the changing make-up of the retail sector. The retail sector continues to perform well despite recent gloomy headlines. Data shows to December 2018, retail sales (online and in-store) grew 3.1% year-on-year1. Australia has a growing population (up

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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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What’s next in industrial property investment: should you be looking at multi-storey warehousing in Australia?

17 December 2018

By Ross Lees, Fund Manager Centuria Industrial REIT On the face of it, multi-storey warehouses seem to be the perfect solution to the challenges of an industrial sector both constrained by a shortage of land and driven to improve efficiency by a competitive market. And in Asia, this is exactly the response we are seeing:

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Centuria wraps up successful year with strategic acquisitions

Centuria Capital Group has grown from $4.6 billion AUM to $5.5 billion1 since 31 December 2017 Centuria Capital Group (Centuria) today announced that Centuria Industrial REIT (CIP) has added two industrial properties to its portfolio. The properties were purchased for a combined total of $54.4 million (excluding costs), with $51 million of the purchase price

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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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