News and media

Centuria opens expanded Woolworths regional distribution centre

Centuria Industrial REIT has announced its Townsville distribution centre’s expansion has completed and sole tenant, Woolworths, officially opened the facility.

Jesse Curtis presents the highlights of the CIP FY20 results

Centuria announces Board changes

Centuria has announced the appointment of Natalie Collins to the Boards of CPF2L, CLL and Over Fifty Guardian Friendly Society. Roger Dobson has also been announced as the new Chairman of CPF2L.

Centuria Industrial REIT successfully raises $130 million

Centuria Industrial REIT (ASX:CIP), successfully completed a fully underwritten institutional placement announced on 9 April 2020 raising $130 million.

Strategic acquisitions and equity raising for Centuria Industrial REIT

Centuria Industrial REIT 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.

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 eBook – How Australia’s 2020 infra peak will fuel industrial property – to find out more. Ross Lees interview with Peter Switzer about the report

Centuria Industrial REIT FY19 Results

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

Successful completion of $70m institutional placement for CIP

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 three high quality industrial assets for a combined value of $59.3 million (excluding costs) with a further $10 million earmarked for capital expenditure to enhance the assets.

5 steps to commercial property success

There are no guarantees in life or in property investment but there are 5 key things to consider when deciding who to trust with your money. If you’re thinking about investing in a property trust, you should analyse the following characteristics to help choose a property investment manager that you can rely on to make consistently good decisions. 

Changing retail landscape affects industrial sector

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 1.6% year-on-year)² and 26 years of uninterrupted economic growth³.

Change in Registry Service Provider

Centuria is transitioning its registry service provider to Boardroom Pty Limited (BoardRoom) for all investments.

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

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: sixty percent of industrial warehouses in Singapore are multi-level,