Results for: health

International Women’s Day 2021

This International Women’s Day we celebrate the many achievements of women around the world and the journey towards gender equality. The 2021 official theme is #ChooseToChallenge – encouraging all to challenge the status quo, as challenge leads to change. We are proud to introduce you to a some of the inspiring women at Centuria who help to make a difference in our organisation. Read More

COVID-19 Vaccine’s anticipated impact on Australian commercial real estate

by Jason Huljich, Joint CEO As the Pfizer and AstraZeneca COVID-19 vaccines begin to roll out, we are already seeing the effects of the pandemic’s impact starting to unwind. According to the ABS, nationwide payroll jobs have bounced back to pre-pandemic levels. There are also 2.1 million fewer individuals claiming JobKeeper and 520,000 fewer businesses, according to the Federal Treasurer, Read More

Centuria cements 62nd industrial asset for pure-play REIT

$26.25 million Bella Vista warehouse acquisition is the REIT’s 12th transaction in FY21 Largest domestic acquirer of industrial assets in FY21, to date1, totalling $757.2 million FFO earnings2 upgraded twice during FY21 Portfolio value tripled to $2.4 billion and WALE more than doubled to 9.8 years (Dec 2016 – Read More

Portfolio initiatives

Centuria Healthcare continues to look at the roll out of solar panel installations at a number of properties in the portfolio, and we will be looking to expand this throughout 2021. Other environmental initiatives are being implemented including water harvesting through the installation of tanks to deliver water savings for irrigation of gardens. A further review of energy and water consumption is also being undertaken, Read More

Centuria Upgrades Distribution Guidance following strong HY21 Results

HY21 operating earnings per stapled security of 6.2cps1, HY21 distributions of 4.5cps FY21 guidance: Distributions per security upgraded to 10.0cps2 (previously 9.0cps) Operating Earnings per security 11.5c – 12.5c3 16% growth in AUM to $10.2bn for the half year Record $1.5billion4 worth of direct real estate acquisitions across 24 assets $1.6billion development pipeline5 12-month total securityholder return (TSR6) of 22.0% Australasian real estate funds manager, Read More

Welcome to our New Year 2021 Newsletter

In this edition, John provides an update on the Group’s AUM growth and our recent ESG initiatives. Jason highlights recent real estate transactions along with the announcement of our upcoming unlisted fixed-term industrial fund, Centuria Industrial Income Fund No 1 (CIIF1) launch. Andrew reveals Centuria Healthcare Property Fund (CHPF’s) second fundraising closed 2020 on a high, Read More

2020’s Silver Linings

by John McBain, Joint CEO It’s Christmas Eve and I’m reflecting on the year that was 2020. Rewind 12 months and I was far away from my desk as the bushfires threatened the horizon above my farm together with the entire Eastern seaboard of the country. As a Kiwi, I hadn’t any appreciation of the scale of destruction these fires can wreak in Australia. Read More

Centuria secures $62.5m industrial portfolio for new unlisted fund

Three high quality assets in core industrial locations within Brisbane and Adelaide 100% occupancy and 9.1 year portfolio WALE1 Six year initial fund term with a 6.00% forecast distribution yield2 for the remainder of FY21, growing to 6.25%2,3 for the full FY22 year. Centuria’s AUM now valued at $10.1 billion. Read More

Welcome to our Spring 2020 Newsletter

Welcome to the second edition of our video-style newsletter. In this edition, John provides an update on the completed Augusta takeover, our GICS reclassification and our strategy to become a Top 3 Australian real estate funds manager. Jason elaborates on the industrial, healthcare and decentralised office funds’ performance throughout Q1 FY21. Ross explains how Centuria has paid $220m in distributions to our investors throughout FY20. Read More

Time to get sticky

by Andrew Hemming, Managing Director, Centuria Healthcare Over the past seven months, COVID has tested the strengths of the relationship between the tenant and the landlord. Tenants would like to improve their business economics through lower rent (or a rent holiday), which is diametrically opposed to the desires of landlords. Healthcare operators felt the effects of restricted access for elective surgery and pathology testing, Read More