News and media
Find here all the news from the Centuria Office REIT (ASX:COF).
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 />
03.08.2016
FY16 Annual Results
Centuria Metropolitan REIT to announce FY16 Annual Results on 9 August. CMA will release a pre-recorded presentation of the FY16 Annual Results on 9 August. For further information please email Shalome Ruiter or call her on 8293 8262.
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.
