Listed property trusts (A-REITs)

An Australian real estate investment trust (A-REIT), or listed property trust, is a unitised portfolio of property assets, listed on the Australian Securities Exchange (ASX). Investors are issued units that can be traded on the ASX through a stockbroker. The assets of a listed property trust can include commercial office buildings, industrial properties, retail shopping centres, hotels and/or leisure venues. In addition to different types of real estate, real estate investment trusts may offer diversification through owning assets in different geographic locations.

The benefits of real estate investment trusts (REITs) are that they have the potential to provide investors with returns in the form of capital gains and regular distribution income. They also enable investors to gain exposure to the commercial property market without the requirement to manage the properties themselves.

Some factors to consider when investing in listed property funds include, but aren’t limited to, share market volatility, property valuation metrics, balance sheet fundamentals, cash flow sustainability, tenant demand and supply fundamentals, gearing and interest cover ratios of the fund. You also need to understand the individual properties held by the fund and their characteristics.

Centuria has two listed property trusts: Centuria Industrial REIT (ASX: CIP)  which is included in the S&P/ASX 200 index and Centuria Office REIT (ASX: COF) which is included in the S&P/ASX 300 index.

Centuria Office REIT (ASX:COF)

Australia’s largest ASX listed pure play office REIT: owns a portfolio of high-quality office property assets. The properties are located in key office markets throughout Australia.

Centuria Industrial REIT (ASX:CIP)

Australia’s largest ASX listed domestic pure play industrial REIT: owns a portfolio of quality industrial real estate assets located in key metropolitan regions throughout Australia.

Centuria Listed Property News

10.05.2021

CIP Doubles Woolworths’ Lease Term at Warnervale DC

  • Warnervale Distribution Centre (DC) lease term with Woolworths doubled to 10 years
  • Leverages growth in tenant demand for strategic food logistics assets
  • CIP’s NSW portfolio WALE extends to 5.9 years, underpinned by 117,894 sqm of leased space in FY21.
30.04.2021

Centuria Industrial REIT to Build $88.8m Dandenong Industrial Estate

Centuria Industrial REIT, has acquired eight hectares of land at 95-105 South Gippsland Hwy, Dandenong South Vic and entered into a Development Management Agreement to construct a new six-asset industrial estate.

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.

04.02.2021

COF HY21 results highlights

Centuria Office REIT Fund Manager, Grant Nichols discusses the Fund’s HY21 highlights.

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