News and media
Find all the news from the Centuria Industrial REIT (ASX:CIP).
26.03.2021
$192m increase in Centuria Industrial REIT’s Portfolio within Q3 FY21
Australia’s largest listed pure-play industrial fund, Centuria Industrial REIT, today announced its total portfolio value increased within the March quarter by $192million to $2.6billion on a like for like book value basis.
24.02.2021
Centuria cements 62nd industrial asset for pure-play REIT
Centuria Industrial REIT has acquired its 62nd industrial asset, a $26.25 million last-mile warehouse in Bella Vista in Sydney’s northwest.
02.02.2021
Transformative HY21 Results for Centuria Industrial REIT
Centuria Industrial REIT (ASX: CIP) has announced a transformative set of results for the first half of the 2021 Financial Year (HY21) with a record number of acquisitions as well as significant leasing activity within the six-month period.
17.11.2020
$171m cold storage portfolio acquired by Centuria Industrial REIT
Centuria Industrial REIT (ASX:CIP) has acquired a three-asset industrial portfolio of cold storage facilities, worth a collective $171.1 million, providing an average initial yield of 5.62%.
13.10.2020
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.
06.10.2020
Centuria Industrial REIT acquires $43m Ormeau cold storage warehouse
Centuria Industrial REIT (ASX:CIP) has acquired a 9,554sqm cold facility in Ormeau, Queensland, for $43m on an initial yield of 5.5%, a strategic play to capitalise on the rising demand for cold storage facilities which currently outweighs supply.
31.08.2020
CIP expands portfolio: Acquiring two industrial assets
Centuria Property Funds No. 2 Limited (CPF2L), as Responsible Entity of Centuria Industrial REIT (ASX:CIP), has announced the acquisition of two industrial assets collectively worth $32.5m, with 100% occupancy and an average WALE of 8.0 years.
12.06.2020
Centuria celebrates its Industrial REIT’s ASX200 status
Centuria Capital Limited (ASX:CNI) has celebrated the announcement that its Industrial Real Estate Investment Trust (REIT) will enter the S&P/ASX200 Index, from Monday 22 June 2020.
21.06.2019
Centuria Capital Announces Senior Management Appointments
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 the Group.
07.02.2019
Centuria Industrial REIT 1H19 results
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 million 12-month Return on Equity1 (ROE) of 15.8% Balance sheet gearing2 reduced to 37.0%3.
04.12.2018
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 raised via an underwritten entitlement offer.
21.08.2018
Centuria Industrial REIT FY18 results
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 with a significant uplift in portfolio valuation and a 17% return on equity (ROE) for investors.
