News and media
Find all the news from the Centuria Industrial REIT (ASX:CIP).
21.11.2018
Change in Registry Service Provider – Centuria Property Funds Limited
Centuria Property Funds Limited (CPFL) will transition its registry service provider from OneVue Fund Services to Boardroom Pty Limited (BoardRoom) for Unlisted Property Funds, effective Friday, 23 November 2018.
15.10.2018
CIP Acquires Cargo Park, 1 International Drive, Westmeadows, VIC
Centuria Industrial REIT (CIP), has acquired a $42.0m1 property at Cargo Park, 1 International Drive, Westmeadows, VIC. The property is strategically located in immediate proximity to Melbourne Airport and is considered the pre-eminent unit estate servicing the precinct. The property is a 25,866sqm multi-tenanted industrial estate located on a prominent 5.6ha freehold site with significant exposure to the Tullamarine Freeway.
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.
30.06.2018
Centuria boss says industrial ‘well supported’
Centuria Industrial boss Ross Lees maintains Australiaâs grass-roots economic strength and diverse industrial activity will continue to support demand for mid-range space. Amid heightened nervousness about toppish valuations reflected in record low yields, Mr Lees said of the sector: âItâs not one size fits all.â âWhat happens inside an office building is all the same. With industrial itâs like a day on Discovery Channel,
20.06.2018
Amazon and the changing face of industrial property
Amazonâs entry into Australia at the end of 2017 has been heralded as a positive force for change â and a catalyst for efficiency improvements within the supply chain. Amazonâs influence will have implications for the way that the retail sector uses warehousing and for industrial property markets more widely. Here Ross Lees, Trust Manager for the Centuria Industrial REIT,
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 CIPâs gearing to 37.2%1, the result of an accelerated de-Âleveraging program, driven by: A revaluation gain of $27.4 million2 from 10 external valuations,
28.03.2018
Property markets evolve, fundamentals stay the same
Due diligence is essential before making any investment decision â and property is no exception. Direct property markets may not be as volatile as equities and other listed investments, but they are affected by a large number of factors (both macroeconomic and property-specific), so understanding and interpreting these factors is essential to making the best possible decisions.
14.02.2018
Centuria Industrial REIT Trust Manager Ross Lees talks 1H18 results and outlook
Centuria Industrial REIT (CIP) Trust Manager – Ross Lees interview with Finance News Network on 1H18 results and outlook. View the full 1H18 Industrial REIT results presentation.
08.02.2018
CIP 1H18 Interim Results Presentation
View the Centuria Industrial REIT 1H18 Interim Results presentation with Jason Huljich and Ross Lees by clicking here. View your PDF of the 1H18 Interim Results. For further information please contact the Industrial REIT Trust Manager – Ross Lees on 8293 8245 or via his email. View the Finance News Network interview with Ross Lees on the Industrial REIT results and outlook
14.08.2017
FY17 results reflect âtransformationalâ growth for Centuria REITs
Centuria Metropolitan REIT (ASX: CMA) and Centuria Industrial REIT (ASX: CIP) post annual profit results Centuriaâs 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 heâs 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 (âAWHâ) at the Trustâs 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 CIPâs 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, Australiaâs largest wool-handling operation, for CIPâs 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].
