News & Media
Find here all the news from the Centuria Office REIT (ASX:COF).
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.
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.
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,
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.
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.
Centuria Property Funds Limited (CPFL), as Responsible Entity of Centuria Metropolitan REIT (CMA) announced CMA’s half year financial results ended 31 December 2016. Key Highlights Statutory net profit of $27.1 million Distributable earnings of $10.9 million representing 9.1 cents per security (“cps”) Increase in total assets of 14.2% to $440.6 million Net tangible assets (“NTA”) has increased by 14 cps to $2.32 per security CMA’s portfolio value has increased by 4.7% to $417.5 million Gearing 33.8%,