News & Media
Please find below news and media articles related to Centuria’s Unlisted Property Funds.
Centuria Diversified Property Fund (CDPF) has announced the acquisition of 10 Moore Street, Canberra. The property known as the ‘Optus Centre’ will be purchased for $35 million from commercial property group Quintessential Equity and, combined with the recent purchase of an office property in Hamilton, Queensland, will take CDPF’s Assets Under Management (AUM) to over $100m1.
There are no guarantees in life or in property investment but there are 5 key things to consider when deciding who to trust with your money. If you’re thinking about investing in a property trust, you should analyse the following characteristics to help choose a property investment manager that you can rely on to make consistently good decisions.
A Specialist Healthcare Funds Management Vehicle Centuria has entered the strongly performing healthcare real estate sector with its wholly-owned subsidiary, Centuria Platform Investments Pty Ltd, acquiring a 63.06% economic interest in Heathley Limited’s (Heathley) property funds management platform for $24.4 million. The transaction has been funded from Centuria Capital Group’s balance sheet. On completion of the transaction,
For the ninth quarter in a row, Centuria’s Unlisted Property team has achieved six funds in the top 10 in the Australian unlisted retail property sector’s leading index. Once again Centuria has taken the top honours in the recently released March 2019 quarter, with Centuria funds taking five of the top six places based on total return performance for the 12 months to 31 March 2019.
Doug Hoskins discusses how the Centuria Diversified Property Fund’s planned purchase of its first direct asset represents a step change for the fund. The Centuria Diversified Property Fund (CDPF) is set to move up a grade as it plans to purchase its first direct commercial property asset in the near future. CDPF has now surpassed $50 million in assets under management and is currently working through a pipeline of direct commercial property assets for potential acquisition.
While the residential property market may be in the doldrums, the commercial property sector is continuing to perform well, providing an attractive option for investors seeking property exposure. But the residential property downturn has focused attention on the need for diversification to cope with changing market conditions. The Centuria Diversified Property Fund (CDPF) offers property diversification through its investments in unlisted property schemes and A-REITs.
The Australian economy performed well in 2018 – growth accelerated, unemployment fell and construction activity remained strong. It was a busy year for commercial property as well. Beginning with largest ever takeover in corporate Australia – the $33 billion sale of Westfield to global property giant Unibail-Rodamco – the year ended with a major office property transaction,
For the eighth quarter in a row, Centuria’s Unlisted Property team has achieved six funds in the top 10 in the Australian unlisted retail property sector’s leading index. Once again Centuria has taken the top honours in the recently released December 2018 quarter, with Centuria funds taking five of the top six places based on total return performance for the 12 months to 31 December 20181: 1st: Centuria Zenith Fund 2nd: Centuria 203 Pacific Highway Fund 4th: Centuria 8 Central Avenue Fund 2 5th: Centuria 2 Wentworth St Fund 6th: Centuria 8 Central Avenue Fund 9th: Centuria ATP Fund The Property Council of Australia/IPD Australia Unlisted Core Retail Property Fund Index measures net asset value2 total returns for core unlisted retail funds within the index in the Australian market.
Please be advised that Centuria is transitioning its registry service provider to Boardroom Pty Limited (BoardRoom) for all investments. The transition follows a comprehensive review of our registry services and tender process. BoardRoom has a 30-year track record in safely managing share registries, offering an efficient, tailored and cost-effective solution, which can deliver an optimal experience for all unitholders.
Centuria’s Head of Real Estate and Funds Management, Jason Huljich, shares his view on current key property themes and the outlook for commercial and industrial property. What is your role at Centuria Capital? My role at Centuria Capital is Head of Real Estate and Funds Management. So I mainly oversee the $4.6 billion dollars of assets we have in both our listed and our unlisted property funds,
For the sixth quarter in a row, six of Centuria’s unlisted funds are in the top 10 in the unlisted retail property sector’s leading index: The Property Council of Australia/IPD Australia Unlisted Core Retail Property Fund Index. Centuria took the top honours in the September 2018 quarter with five of its funds taking the first five places with another in seventh place,
Investors considering property funds want to be assured of both strong ongoing income returns and promising long-term total returns – and there are various factors that determine these: how good a fund manager is at buying, selling, and improving properties, of course. But we believe that leasing, while far from the only consideration in property investment,