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Appointment of Centuria Metropolitan REIT Fund Manager

Centuria Property Funds Limited (CPFL) is pleased to announce the appointment of Mr Grant Nichols as Fund Manager of Centuria Metropolitan REIT (CMA).

Mr Nichols brings over 16 years of experience across real estate and funds management with a deep track record particularly focused on commercial real estate. Most recently, Mr Nichols was Fund Manager of the ASX listed Australian Unity Office Fund. Mr Nichols has held roles across property management at AMP Capital Investors and asset management at Investa Property Group before holding senior roles as Fund Manager of Investa Diversified Fund and Investa Second Industrial Trust.

Jason Huljich, Head of Real Estate and Funds Management, said: “Following an extensive search, we are delighted that Grant Nichols has agreed to join us as Fund Manager of CMA. Grant’s experience is highly aligned with the operating and strategic initiatives being executed to create value for CMA unitholders and we look forward to welcoming him on-board in January 2019.”

“We would also like to extend sincere thanks to Doug Hoskins, Acting Fund Manager of CMA, for his strong contribution during this time, which has seen the significant evolution of the portfolio’s size, scale and quality as CMA continues to transition towards a pure play metropolitan office REIT. Doug will resume a full time focus as Fund Manager in our unlisted real estate division following Grant’s commencement with CMA.”