Strategic Acquisitions and Equity Raising for Centuria Industrial REIT

Centuria Industrial REIT (ASX:CIP) has entered an agreement to acquire two high quality industrial assets at 46 Robinson Road East, Virginia QLD and 23-41 Galway Avenue, Marleston SA. Both are 100% leased to Arnott’s Biscuits Limited. These additional assets expand CIP’s portfolio value to $1.5 billion, significantly enhance the portfolio’s WALE, introduce a new national

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Latest acquisition for Centuria Metropolitan REIT

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

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Sale of Parramatta Office Highlights Strong Returns from Centuria Unlisted Property Fund

Centuria Property Funds Limited has exchanged contracts to sell 2-10 Wentworth Street, Parramatta NSW for $105.3 million Total return to investors of 186% for 5-year investment Strong returns attributed to active asset management and improving market fundamentals. Joint CEO Jason Huljich said that investors will receive a total return of 186% from the Fund, including

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Centuria’s Diversified Property Fund acquires its fourth direct property – expanding AUM to over $200M

CDPF acquires 13-15 Compark Circuit, Mulgrave Victoria for $27.8m Fourth direct real estate acquisition of the Fund. Settlement anticipated early 2020 Two freestanding, A-Grade quality office buildings with a total site area of 8,334 sqm with a combination of on-grade and basement car parking totalling 226 spaces Centuria Capital Group’s (ASX:CNI) platform benefits from strengthening

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25 Montpelier Road, Bowen Hills, QLD

  25 Montpelier Road is a five storey, A Grade commercial office tower situated on Montpelier Road in Bowen Hills, forming part of the Brisbane City Urban Renewal Precinct. The property is well located in terms of amenities, with the Gasworks development and the Bowen Hills train station within a short walking distance, and the

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How Australia’s 2020 infra peak will fuel industrial property

The infrastructure investment boom, combined with e-commerce, manufacturing trends, and other developments, signals both change and good news for industrial real estate. Read our new eBook to find out more. Ross Lees interview with Peter Switzer about the report

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