News and media
Find all the news from the Centuria Industrial REIT (ASX:CIP).
05.06.2018
Deleveraging, strong leasing activity delivers value for Centuria Industrial REIT investors
Experience pays off as strong operational results translate into performance for unitholders Centuria Industrial REIT (CIP) today announced a number of key highlights on results achieved since 31 March 2018, including: Reduction in CIPās gearing to 37.2%1, the result of an accelerated de-Āleveraging program, driven by: A revaluation gain of $27.4 million2 from 10 external valuations,
14.08.2017
FY17 results reflect ātransformationalā growth for Centuria REITs
Centuria Metropolitan REIT (ASX: CMA) and Centuria Industrial REIT (ASX: CIP) post annual profit results Centuriaās listed property trusts have today announced their FY17 profit results, with both Centuria Metropolitan REIT (ASX:CMA) and Centuria Industrial REIT (ASX: CIP), announcing positive returns for investors with net profits of $37.7 million and $50.8 million, respectively. Nicholas Collishaw, CEO of listed property at Centuria said heās delighted with the results,
01.08.2017
Centuria Industrial REIT secures 83,000sqm lease extension
Centuria Industrial REIT secures 83,000sqm AWH lease extension Centuria Property Funds No.2 Limited (CPF2L) as Responsible Entity of Centuria Industrial REIT (ASX:CIP) is pleased to announce it has renewed leases with AWH Pty Ltd (āAWHā) at the Trustās existing asset, 310 Spearwood Avenue, Bibra Lake WA (44,296sqm), and the recently acquired adjoining asset at Lot 14 Sudlow Road (39,485sqm).[1] AWH is the largest tenant in CIPās portfolio,
01.08.2017
Centuria in largest industrial leasing deal of 2017
Centuria Industrial REIT secures 83,000sqm AWH lease extension Centuria Property Funds today announced two key leasing deals for its listed industrial trust, Centuria Industrial REIT (ASX: CIP). The trust has renewed leases with AWH, Australiaās largest wool-handling operation, for CIPās existing asset at 310 Spearwood Avenue, Bibra Lake, WA (44,296sqm), and for the recently-acquired adjoining asset at Lot 14 Sudlow Road (39,485sqm)[1].
23.03.2017
Trust Manager, Centuria Industrial REIT
Centuria is pleased to announce the appointment of Mr Ross Lees as Trust Manager, Centuria Industrial REIT. Mr Lees will commence with Centuria on Monday, 10 April 2017. Mr Lees joins Centuria from Dexus where he held senior transactional and portfolio management roles in the Industrial sector. Mr Leesā prior experience also includes over six years at Stockland in national valuation and transactional roles and four years at Logos Property Australia establishing and leading their asset management platform.
