Media centre
19.10.2017
Centuria increases strategic investment in Centuria Metropolitan REIT to 19.9%
Centuria Capital Group (Centuria) (ASX: CNI) is pleased to announce the acquisition of a further 1.8% stake in Centuria Metropolitan REIT (CMA), increasing Centuria’s total interest in CMA to 19.9%. The additional investment follows the successful $60 million Centuria entitlement offer announced on 4 October 2017 and represents a deployment of capital in line with one of Centuria’s purposes in undertaking the capital raising.
26.09.2017
Centuria investors triple their money with sale of Sydney CBD property
Record price achieved for Centuria investors Centuria Property Funds today announced a significant profit on the sale of a Sydney CBD office property, Swire House. The 10 Spring Street, Sydney property was purchased in 2013 for $91.64 million and has sold for $270.05 million. The record breaking price for a B-grade office sale in Sydney means Centuria’s investors’ equity investment tripled over the four years in addition to their income return of 8% per annum.
04.09.2017
Centuria Metropolitan REIT added to S&P/ASX300 index
Australia’s largest metropolitan office REIT, the Centuria Metropolitan REIT, has today announced its inclusion on the S&P/ASX 300 Index. The inclusion will come into effect from start of trade on Monday 18 September 2017. The S&P/ASX 300 Index includes up to 300 of Australia’s largest ASX listed entities by float-adjusted market capitalisation and provides a widely-used benchmark for many general equities and real estate specific institutional investors.
24.08.2017
Centuria Capital Group announces FY17 results
Centuria more than doubles funds under management with DPS up 43% Centuria Capital Group (ASX: CNI or Centuria) today announced an FY17 operating EPS of 10.3 cps in line with previous guidance. Centuria also confirmed a distribution of 7.5 cents per share for the financial year ended 30 June 2017 as per guidance and up 43% on FY16 results.
14.08.2017
FY17 results reflect ‘transformational’ growth for Centuria REITs
Centuria Metropolitan REIT (ASX: CMA) and Centuria Industrial REIT (ASX: CIP) post annual profit results Centuria’s 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 he’s 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 (“AWH”) at the Trust’s 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 CIP’s 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, Australia’s largest wool-handling operation, for CIP’s 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].
19.07.2017
Launch of the Centuria Healthcare Direct Medical Fund No. 2
We are excited to announce that Centuria Healthcare has launched the Centuria Healthcare Direct Medical Fund No. 2, seeded with the acquisition of the Coorparoo Medical Centre.
19.07.2017
Unveiling a fresh face for our Infinite Homes
The Heathley Aged Care Property Fund has completed brownfield refurbishments at two of its Infinite Care properties.
13.07.2017
Centuria acquires key assets for $150 million; announces capital raising
Centuria Metropolitan REIT purchases Perth and Melbourne commercial properties as part of growth strategy Centuria Property Funds today announced that its listed office fund, Centuria Metropolitan REIT (ASX: CMA), has made three major acquisitions in Perth and Melbourne. The acquisitions mark Centuria’s first foray into the Perth office market, and strengthen CMA’s lead as the largest pure-play metropolitan fund manager in the market.
19.06.2017
Centuria Healthcare Direct Medical Fund No. 1 – closes for investment
After a two and a half year Investment Period, Centuria Healthcare’s first “Direct Medical Fund” has successfully reached its target value and closed for investment. The Fund will now be actively managed throughout the Portfolio Management Period, being up to 4 ½ years from July 2107.
14.06.2017
Centuria Metropolitan REIT and Centuria Urban REIT to merge
Overwhelming investor support: 99.9 per cent positive unitholder vote Centuria’s listed property division today announced it will merge its two listed property trusts, Centuria Metropolitan REIT (ASX: CMA) and Centuria Urban REIT (ASX: CUA). Separate unit holder meetings conducted this morning saw unitholders for both funds vote to merge their respective REITs with over 99.9 per cent approval.
