News & Media
Find here all the news from the Centuria Metropolitan REIT (ASX:COF).
- c.16,597 sqm of leases agreed across 12 separate deals (5.8% of portfolio NLA), a strong indication of businesses returning to the office
- 92.3% portfolio occupancy, and 97.1% average rent collections for the period July 2020 – March 2021
- FY21 FFO guidance range tightened to the upper end, 19.7-19.9 cpu
- FY21 distribution guidance of 16.5cpu reiterated, representing a current yield of 7.9%
Centuria Capital was proud to host JLL’s Head of Research (Australia), Andrew Ballantyne, who delivered the latest findings on the future of the Australian office markets.
Centuria Property Funds Limited (CPFL) in its capacity as responsible entity of the Centuria Metropolitan REIT (ASX:CMA) advises that CMA’s name has been changed to Centuria Office REIT. Reason For Name Change When CMA first listed in 2014, it owned a combination of both office and industrial assets. As CMA evolved, its focus has refined to solely office assets,
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Centuria Metropolitan REIT (ASX: CMA) has entered an agreement to acquire the industry award winning Nishi building at 2 Phillip Law Street, Canberra for $256 million1. Strategically located in the vibrant and gentrified NewActon Precinct, the A-Grade building expands CMA’s portfolio value to $2.1 billion. The acquisition enhances the portfolio’s WALE and occupancy and increases CMA’s exposure to Australia’s major office markets,
Centuria goes BaseUp, providing innovative app-based parking solutions for its commercial property tenants
Centuria signs up to parking technology, further enhancing the service quality for its tenants. The app-based system will increase value and client satisfaction through ease-of-use parking provisions. Centuria, an earlier adopter of BaseUp, will be the first property group to roll this out nationally, across the largest portfolio of assets. Centuria will provide 280 tenants across 32 buildings access to 300 bays for short term use for the staff.