Results for: health

Organic growth underpins Centuria’s HY22 results

$20.2bn1 Australasian portfolio delivers upgraded OEPS guidance Platform doubles2 in 12 months: $2.5bn acquisitions3, $0.6bn valuation uplift, $2.2bn development pipeline4  $40.1m property funds operating profit (+133%); 87% recurring revenues 400% increase in transactional fee income across $3.5 billion of transactions5 Upgraded FY22 OEPS guidance to 14.5cps6; Read More

Centuria Office REIT announces strong HY22 results

Positive tailwinds for Australia’s metro & near city office markets $273m of strategic acquisitions; $201m equity raised; additional $100m debt facilities $28.5m valuation uplift; 18,670sqm leases agreed1 (6.2% of NLA) Portfolio expanded to 23 assets worth $2.3bn2, 94.3% occupancy3, 4.3 year WALE4 Upgraded FY22 Funds From Operations (FFO) guidance to 18.3 cents per unit (cpu)5 Statutory net profit of $63.6m Australia’s largest ASX-listed pure-play office fund, Read More

eCommerce growth & supply chain onshoring deliver CIP strong HY22 results

Upgraded FY22 FFO guidance of no less than 18.2 cpu1; Distribution guidance reiterated Strong portfolio leasing and investment demand drives $281 million valuation uplift2and avg. 10% rental growth Portfolio expansion: 80 industrial assets worth $3.9bn; 8.9 year WALE; 99.2% occupancy3 21 acquisitions worth $680m4; Read More

Centuria upgrades earnings guidance ahead of interim results

Upgrades FY22 OEPS guidance to 14.5cps1 (+9.85%); Expands Group AUM to $20.2bn2 (+16%) Reaffirms FY22 distribution guidance of 11.0cps HY22 Results to be announced on 9 February 2022 ASX-200 listed, Centuria Capital Group (ASX: CNI or “Centuria”), has upgraded its operating earnings per security (OEPS)3 guidance of 14.5 cents per security (cps) for the 2022 Financial Year ahead of its interim results, Read More

Centuria secures $202m West Village retail precinct

Convenience based retail precinct in the heart of Brisbane’s fringe city, West End community Within Japanese developer, Sekisui House’s, $1.1 billion master-planned mixed-use development Off-market acquisition; Centuria co-investing with sovereign wealth fund’s institutional mandate Three phased acquisition anchored by two supermarkets: full-line Woolworths and a Harris Farm; 100% occupancy1; 10.1 year WALE2 Centuria Capital Group has secured an off-market, Read More

2021 – Groundhog Day

Like last year, Christmas Eve leads me to reflect on the year that was, and I believe 2021 will be etched in my mind as Groundhog Day x 365. Despite the flurry of social activities earlier in the year – making up for lost time during 2020’s restrictions – it seems like we landed on a snake and fell back to square one of the recovery game. Read More

2022 Crystal ball gazing

I usually enjoy this time of year, where the flow of emails into my inbox slows, the office becomes sparse and refreshments are cracked a little earlier in the afternoon. But this year is different. As the clock winds down to the festive break, the hectic pace of work is unabating. This could be a sign of things to come in the New Year. Read More

New $17m Murdoch Hospital oncology facility steps closer to opening

Construction of the new $17 million oncology facility at St John of God Murdoch Hospital has received practical completion and the keys to the new cancer treatment centre have been handed over to leading integrated oncology provider GenesisCare, in preparation for its opening in December 2021. The developer, Centuria Healthcare1, and construction partner, 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, closed 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 develops $40m boutique Adelaide office building

55%1 pre-leased with a five year WALE Redeveloping Adelaide CBD site into a six storey, 4,600sqm A-Grade Boutique Office Building 55% pre-leased1,2 to national and international firms with a five-year WALE Five star Green Star and five star NABERS target Centuria confident in SA office markets, recently announced Nile Street acquisition. Read More