Centuria Property Funds No. 2 Limited (CPF2L), as Responsible Entity of Centuria Industrial REIT (ASX: CIP), has announced the acquisition of two industrial assets collectively worth $32.5m, with 100% occupancy and an average WALE of 8.0 years.
The acquisitions build on CIP’s strategy to acquire fit-for-purpose, high-quality industrial assets in key in-fill locations throughout Australia. Both assets expand CIP’s presence in core industrial markets,
Today Centuria Capital Group (ASX: CNI or “Centuria”) has launched an unlisted, open-ended healthcare fund with six seed and pipeline assets1 worth $133m that benefit from 100% occupancy2 and a portfolio WALE of 6.7 years2.
The fund, known as Centuria Healthcare Property Fund (CHPF), has a starting distribution yield of 5.75%3.