News & Media
Find here all the news from the Centuria Office REIT (ASX:COF).
25.01.2018
Office property 2018 outlook: showing strong fundamentals
Sydney and Melbourne have been the pick for office property returns over the past few years. Despite some significant yield compression in both markets, they continue to present strong fundamentals and good opportunities for investors this year. At the same time, the second half of last year evidenced some promising green shoots to our north in Brisbane,
11.01.2018
CMA – Successful completion of entitlement offer and property transactions
Successful completion of entitlement offer and property transactions Centuria Property Funds Limited (CPFL), as Responsible Entity of Centuria Metropolitan REIT , has announced: Successful completion of the accelerated non-renounceable entitlement offer (Entitlement Offer) announced on 5 December 2017, raising approximately $60 million Settlement of two property acquisitions and one divestment on 21 December 2018. Completion of entitlement offer The retail component of the offer (Retail Entitlement Offer) closed on Wednesday,
19.10.2017
Centuria increases strategic investment in Centuria Metropolitan REIT to 19.9%
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.
04.09.2017
Centuria Metropolitan REIT added to S&P/ASX300 index
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.
14.08.2017
FY17 Annual Results pre-record with Nicholas Collishaw and Nicholas Blake
CMA FY17 Annual Results Presentation View the Centuria Metropolitan REIT FY17 Annual Results presentation with Nicholas Collishaw and Nicholas Blake by clicking here. For further information please contact the Metropolitan REIT Trust Manager – Nicholas Blake on 8923 8949 or via his email. <br /><br />
14.08.2017
FY17 results reflect ‘transformational’ growth for Centuria REITs
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,
13.07.2017
Centuria acquires key assets for $150 million; announces capital raising
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.
14.06.2017
Centuria Metropolitan REIT and Centuria Urban REIT to merge
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.
09.02.2017
CMA Announces Strong 1H17 Interim Result
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[1] 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[2] Gearing 33.8%[3],
09.08.2016
FY16 Annual Results pre-record with Nicholas Collishaw & Nicholas Blake
CMA FY16 Annual Results Presentation View the Centuria Metropolitan REIT FY16 Annual Results presentation with Nicholas Collishaw and Nicholas Blake by clicking here. For further information please contact the Investor Relations Manager – Shalome Ruiter on 8293 8262 or via her email. <br /><br />
01.07.2016
Centuria Metropolitan REIT Update – Nick Collishaw
Our first full financial year has been a very active one. I am pleased to advise that CMA met its annual distribution forecast of 17 cents per security with the final quarter distribution of 4.25 cents confirmed on 23 June 2016 for payment on 12 August 2016. The portfolio is in good shape with the entire portfolio independently valued on 15 May 2016 at $396.7 million up $17.6 million (4.6%) from 31 December 2015.
