News & Media

CMA to buy $520.9m portfolio from Hines Global REIT

10 October 2018

Australia’s largest ASX-listed metropolitan office REIT set to buy four major properties in Australia’s second largest commercial property transaction of the year Centuria Property Funds Limited (CPFL) as Responsible Entity of Centuria Metropolitan REIT (ASX: CMA) today announced that CMA has entered into unconditional agreements to acquire three office properties, and a 25% interest in

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Centuria Industrial REIT FY18 results

21 August 2018

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

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Centuria Metropolitan REIT FY18 results

21 August 2018

Active management supports 15% ROE1, total assets up to $1.0b Inclusion in S&P/ASX 300 Index, strategic acquisitions and portfolio revaluation cement position as Australia’s largest listed metro office trust Centuria Property Funds Limited (CPFL) as Responsible Entity of Centuria Metropolitan REIT (ASX: CMA) today announced full-year financial results to 30 June 2018, revealing strong returns

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Centuria boss says industrial ‘well supported’

30 June 2018

Centuria Industrial boss Ross Lees maintains Australia’s 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: “It’s not one size fits all.” “What happens inside an office building is all the same.

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$36 million Epping sale driven by hunger for suburban offices

20 June 2018

Investor appetite for suburban metro properties demonstrated by high yield Centuria Metropolitan REIT (CMA) today announced the sale of 3 Carlingford Road, Epping, for $36 million to a private buyer. The sale price represented a 118% increase on the purchase price of $16.5 million in December 2014. The fully-leased office building sold with a tight

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Amazon and the changing face of industrial property

20 June 2018

Amazon’s entry into Australia at the end of 2017 has been heralded as a positive force for change – and a catalyst for efficiency improvements within the supply chain. Amazon’s 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

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Deleveraging, strong leasing activity delivers value for Centuria Industrial REIT investors

5 June 2018

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 CIP’s gearing to 37.2%1, the result of an accelerated de-­leveraging program, driven by: A revaluation gain of $27.4 million2 from 10 external

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Lederer Group wholesale partner for 201 Pacific Highway, St Leonards, NSW

Centuria Capital Group (ASX: CNI) is pleased to announce: Lederer Group to partner CMA in $172 million property Settlement to occur by 10 May 2018 Unlisted wholesale assets to comprise $407 million ($4.6 billion total AUM). Centuria has nominated The Lederer Group as a new wholesale partner for Centuria Metropolitan REIT (ASX: CMA), to acquire

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Sydney and Melbourne fringe markets outperforming

18 April 2018

The AFR’s recent article, Values and rents surge in fringe Sydney and Melbourne office markets, reports that over the last year, Sydney and Melbourne’s fringe office markets have far out-performed their CBD counterparts when it comes to capital-value growth and rental growth, due to a movement by commercial property investors up the risk curve and

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Property markets evolve, fundamentals stay the same

28 March 2018

Due diligence is essential before making any investment decision – 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

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