Media centre
Centuria Office REIT occupancy bolstered by significant leasing
Centuria Office REIT (ASX: COF), has leased c.30,000sqm across its Australia-wide portfolio during HY23, which materially increased its occupancy to a healthy 96.4%.
Occupier demand, rising rents continue to fuel urban infill industrial
Centuria Industrial REIT (ASX: CIP), has reported strong HY23 results underpinned by exceptional re-leasing spreads reflecting continuous industrial occupier demand within urban infill markets across Australia.
Centuria acquires $15m Margaret River Shopping Centre
Centuria Capital Group (ASX:CNI), has secured the Margaret River Shopping Centre, WA, for $15 million, reflecting a 6.47% initial passing yield. The acquisition will underpin the Margaret River Shopping Centre Trust (MRSCT or Trust), a single asset, closed-ended wholesale property fund.
Centuria secures $70m Sundrop farms asset
Centuria Agriculture Fund (CAF), has secured one of South Australia’s largest glasshouse assets for $70 million in an off market transaction. The vendor is the Morrison & Co Growth Infrastructure Fund. CAF will enter a 20 year sale and leaseback arrangement in respect of the property with sustainable horticultural operator, Sundrop Farms.
CIP cements $181m partnership with Morgan Stanley vehicle
Centuria Industrial REIT (ASX:CIP) has announced an industrial real estate partnership with an investment vehicle sponsored by Morgan Stanley Real Estate Investing
CIP’s Southside Industrial Estate opens
Australia’s largest listed pure-play industrial fund, Centuria Industrial REIT (ASX:CIP), has officially opened its industrial estate in Dandenong South, with the six unit asset fully leased, illustrating the continuous and prolonged demand for urban infill industrial assets.
Centuria secures $36m Mackay industrial asset
Centuria Capital Group continues to capitalise on the strong industrial market tailwinds with the acquisition of a $35.5 million, high quality distribution centre at 69-79 Diesel Drive, Paget, Mackay QLD.
Rare Canning Vale industrial development breaks ground
Centuria Industrial REIT has broken ground on a new 12,300sqm industrial facility in Canning Vale, WA, addressing Perth’s prevailing strong sector tailwinds underpinned by low vacancy rates, limited forecast supply and rising industrial rents.
Centuria tops out boutique Adelaide office development
Centuria Capital Group’s development division has reached a significant milestone with the topping out of its boutique $42 million A-Grade office building in the heart of Adelaide’s CBD.
Primewest rebrands to Centuria
Perth-based real estate funds manager, Primewest, has announced it has formally adopted the brand of its parent company, Centuria Capital Group, and from today will solely be known as Centuria.
$75m no gap private hospital groundbreaking
Construction of Adeney Private Hospital, which will be operated by a doctor-led joint venture with Medibank, is underway with developer Centuria Capital Group breaking ground on the $75 million, four storey building today.
Centuria and MA Financial Secure $223m Allendale Square office tower
Centuria Capital Group (ASX: CNI) and MA Financial Group have conditionally secured one of Perth’s well-known A-Grade office towers, ‘Allendale Square’, through a 50:50 joint venture for $223 million on a capitalisation rate of 7.25%.