Centuria Industrial REIT secured Four Asset Urban, Infill Portfolio

$129.4m strategic urban, infill industrial portfolio; 84% weighting to NSW and VIC markets WALE duration provides value-add opportunities for positive rental reversion in supply constrained markets Capitalising on tenant demand within last-mile logistics precincts. Australia’s largest listed pure-play industrial fund, Centuria Industrial REIT (ASX:CIP), today announced it has secured four high quality, eastern seaboard industrial facilities for a collective $129.4 million. Read More

Centuria and MA Financial JV Acquires Adelaide’s The Black Stump

$166m investment in 25 Grenfell Street 50:50 joint venture investment in A-Grade office asset, prime Adelaide CBD location 72% of income secured by Government/ blue-chip corporations; four-year WALE1; c.90% occupancy2 Single-asset, close-ended unlisted property fund. Centuria Capital Group (ASX: CNI or “Centuria”) and MA Financial Group Limited (“MAF”) have acquired an A-Grade Adelaide office building in a 50:50 joint venture with each entity committing an equal $83.3 million to the acquisition. Read More

Centuria & Samaras Break Ground on $38m Apex Industrial Development

City of Salisbury Mayor joins developers and tenant for construction milestone New Apex SA HQ to be home to 100+ employees;400-500 new jobs created throughout construction Development adds to burgeoning Northern Adelaide industrial precinct; delivering A-Grade real estate Asset will be owned by the Centuria Diversified Property Fund (CDPF) on completion Joint development partners, ASX-200 listed Centuria Capital Group (ASX:CNI) and Samaras Group, Read More