News and media
Find all the news from the Centuria Industrial REIT (ASX:CIP).
18.04.2024
Centuria Industrial REIT opens $116m north Melbourne industrial estate
Australia’s largest listed pure-play industrial fund, Centuria Industrial REIT (ASX: CIP), has opened north Melbourne’s newest industrial estate, the $116million “M80 Connect,” with the development already more than 50% leased.
04.04.2024
Centuria Industrial REIT sets south Perth industrial benchmark
Australia’s largest listed pure-play industrial fund, Centuria Industrial REIT (ASX: CIP), has secured global alloy and metal specialist, ICD Group, as its first tenant for the recently completed new-build industrial facility at 204 Bannister Road, Canning Vale WA.
07.02.2024
CIP announces upgraded earnings guidance and $1bn development pipeline
Centuria Industrial REIT (ASX:CIP) has announced its half year results for the 2024 financial year, which are underscored by upgraded Funds From Operation (FFO) guidance.
14.08.2023
Centuria Industrial REIT delivers 30% re-leasing spreads1 in FY23
Centuria Industrial REIT has announced positive year end FY23 results, driven by strong leasing activity – underpinned by an average 30% re-leasing spreads – coupled with a strong balance sheet, low debt gearing and diversified capital structure.
01.05.2023
CIP reports 28%1 re-leasing spreads in Q3 FY23
Centuria Industrial REIT (ASX:CIP), has reported year to date positive re-leasing spreads averaged 28%, which reflects continuous tenant demand and record low national vacancy for prime industrial facilities.
28.02.2023
Centuria breaks ground in high-demand infill Vic industrial market
Centuria Industrial REIT (ASX: CIP), together with development partner, Cadence Property Group, has broken ground on a new multi-unit industrial facility within Melbourne’s North, the tightly held infill market where current vacancy rates are less than 0.5%.
31.01.2023
Occupier demand, rising rents continue to fuel urban infill industrial
Centuria Industrial REIT (ASX: CIP), has reported strong HY23 results underpinned by exceptional re-leasing spreads reflecting continuous industrial occupier demand within urban infill markets across Australia.
08.12.2022
CIP cements $181m partnership with Morgan Stanley vehicle
Centuria Industrial REIT (ASX:CIP) has announced an industrial real estate partnership with an investment vehicle sponsored by Morgan Stanley Real Estate Investing
22.11.2022
CIP’s Southside Industrial Estate opens
Australia’s largest listed pure-play industrial fund, Centuria Industrial REIT (ASX:CIP), has officially opened its industrial estate in Dandenong South, with the six unit asset fully leased, illustrating the continuous and prolonged demand for urban infill industrial assets.
07.11.2022
Rare Canning Vale industrial development breaks ground
Centuria Industrial REIT has broken ground on a new 12,300sqm industrial facility in Canning Vale, WA, addressing Perth’s prevailing strong sector tailwinds underpinned by low vacancy rates, limited forecast supply and rising industrial rents.
04.08.2022
Double-digit rental growth and healthy leasing activity underpin CIP FY22 results
Centuria Industrial REIT (ASX: CIP), Australia’s largest listed pure-play industrial REIT, today announced strong year end FY22 results, which delivered on upgraded Funds from Operation (FFO) guidance of 18.2 cents per unit (cpu), and distribution guidance of 17.3cpu.
27.07.2022
Centuria Industrial REIT seals new leases at Southeast Qld facility
Centuria Industrial REIT (ASX:CIP) has fully leased its new 10,200sqm distribution centre at 42 Hoepner Road, Bundamba Qld, with Australia Post securing the final tenancy.
