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

2-8 Lexington Drive Bella Vista

Centuria Cements 62nd Industrial Asset for Pure-Play REIT

24 February 2021

$26.25 million Bella Vista warehouse acquisition is the REIT’s 12th transaction in FY21
Largest domestic acquirer of industrial assets in FY21, to date1, totalling $757.2 million
FFO earnings2 upgraded twice during FY21
Portfolio value tripled to $2.4 billion and WALE more than doubled to 9.8 years (Dec 2016 –Read More

Grant Nichols

Why investors are flocking to the suburbs

2 November 2020

Centuria Office REIT (ASX: COF) Fund Manager, Grant Nichols, weighed into JLL’s research about the strength of decentralised office markets from an investment perspective. Listen to his interview on JLL’s Perspectives podcast.

You can read the full article on JLL’s site too.Read More

JLL Net absorption rates

Centuria Hosts JLL’s Latest Office Markets Findings

27 July 2020

Centuria Capital was proud to host JLL’s Head of Research (Australia), Andrew Ballantyne, who delivered the latest findings on the future of the Australian office markets.
More than 150 attendees registered for the JLL/ Centuria’s Australian office markets webinar last Thursday, which highlighted differing results and trends among CBD and Metropolitan office markets – particularly in terms of net absorption rates.Read More

92 Robinson Ave Belmont WA

Centuria Celebrates its Industrial REIT’s ASX-200 Status

12 June 2020

Today, Centuria Capital Limited (ASX:CNI) celebrated the announcement that its Industrial Real Estate Investment Trust (REIT) will enter the S&P/ASX200 Index, from Monday 22 June 2020.
Centuria Industrial REIT (CIP) is Australia’s largest domestic pure play industrial REIT with 49 high-quality assets, worth $1.6 billion, located in last-mile and infill locations across major industrial markets.
Jason Huljich,Read More