News & Media
Please find below news and media articles related to Centuria’s Unlisted Property Funds.
Please be advised that Centuria Property Funds Limited (CPFL) will transition its registry service provider from OneVue Fund Services to Boardroom Pty Limited (BoardRoom) for Unlisted Property Funds, effective Friday, 23 November 2018. 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,
For the sixth quarter in a row, Centuria’s Unlisted Property team has achieved six funds in the top 10 in the unlisted retail property sector’s leading index. Once again Centuria has taken the top honours in the recently released September 2018 quarter, with five of Centuria’s funds taking the first five places based on total return performance for the 12 months to September 20181: 1st: Centuria 203 Pacific Highway Fund 2nd: Centuria Havelock House Fund 3rd: Centuria 8 Central Avenue Fund 2 4th: Centuria ATP Fund 5th: Centuria 8 Central Avenue Fund 7th: Centuria 2 Wentworth St 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.
Unlisted property syndicates first came about in the 1980’s, where numerous investors pooled their capital to invest in commercial, retail or industrial properties that may have otherwise been too expensive for the investors to invest in directly. Over the years, the asset class has grown and matured through many property cycles and – in my opinion – improved with age.
For the fifth quarter in a row, Centuria’s Unlisted Property team has achieved six funds in the top 10 in the sector’s leading index this week. This includes taking top honours in the recently released June 2018 quarter, with five of Centuria’s funds taking the first five places based on total return performance for the 12 months to June 20181: 1st: Centuria 203 Pacific Highway Fund 2nd: Centuria Havelock House Fund 3rd: Centuria 8 Central Avenue Fund 2 4th: Centuria ATP Fund 5th: Centuria 8 Central Avenue Fund 7th: Centuria 2 Wentworth St Fund Run in partnership with the Property Council of Australia,
The AFR’s recent article, Values and rents surge in fringe Sydney and Melbourne office markets, reports that over the last year, Sydney and Melbourne’s fringe office markets have far out-performed their CBD counterparts when it comes to capital-value growth and rental growth, due to a movement by commercial property investors up the risk curve and towards more affordable,
Due diligence is essential before making any investment decision – and property is no exception. Direct property markets may not be as volatile as equities and other listed investments, but they are affected by a large number of factors (both macroeconomic and property-specific), so understanding and interpreting these factors is essential to making the best possible decisions.
Centuria Diversified Property Fund offers investors direct property exposure with monthly liquidity Centuria Capital has significantly expanded financial adviser access to the Centuria Diversified Property Fund (CDPF, the Fund), which has been added to the investment menus for HUB24, Netwealth, FUND.eXchange, Powerwrap, Colonial First State FirstWrap and Macquarie Wrap platforms. The Fund offers investors on the platform direct property exposure,
As some things change, the important things stay the same. For Centuria’s Property Funds Management division, active management has always been a central tenet of its corporate strategy, and it remains the key to our ongoing success. Our ability to identify profitable buying (and selling) opportunities, as well as our hands-on management of individual property assets,
Sydney and Melbourne have been the pick for office property returns over the past few years. Despite some significant yield compression in both markets, they continue to present strong fundamentals and good opportunities for investors this year. At the same time, the second half of last year evidenced some promising green shoots to our north in Brisbane,
Centuria’s sale of landmark Sydney CBD building, Swire House, has been recognised as the deal of the year in the Australian Financial Review’s article, Best and worst real estate deals of 2017. Centuria purchased the B-Grade office property at 10 Spring Street, Sydney in 2013 for $91.64 million and sold it in October 2017 for $270.05 million.
Unlisted property funds have long been recognised for their ability to pool investors’ funds and thereby provide direct access to quality commercial property that would otherwise be out of reach. While the returns of such funds are undoubtedly appealing, the sticking point for some investors has traditionally been the fact that investments are locked up for five or even seven years.