Today, Centuria Capital Limited (ASX:CNI) celebrated the announcement that its Industrial Real Estate Investment Trust (REIT) will enter the S&P/ASX200 Index, from Monday 22 June 2020. Centuria Industrial REIT (CIP) is Australia’s largest domestic pure play industrial REIT with 49 high-quality assets, worth $1.6 billion, located in last-mile and infill locations across major industrial markets.
Centuria Industrial REIT (ASX:CIP), successfully completed a fully underwritten institutional placement announced on 9 April 2020 raising $130 million. The New Units were issued at a price of $2.62 per New Unit, and the proceeds from the equity raising will be used to further strengthen CIP’s balance sheet and provide funding flexibility to execute CIP’s
Industrial and commercial property sectors are on track to remain strong, assisted by the poor-performing retail sector and record low rates. But as Jason Huljich explains, not all markets are performing equally. Commercial markets retain bullish outlook Melbourne’s commercial sector is the most buoyant but there will be a lot of supply coming onto the
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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
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
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
Jason Huljich appointed joint CEO, alongside John McBain who remains in a full-time capacity as joint CEO Ross Lees appointed Head of Funds Management Centuria Capital Group (Centuria ASX: CNI) has announced two internal promotions effective 21 June 2019. Jason Huljich, previously Head of Real Estate and Funds Management, will join John McBain to co-lead