News and media

Centuria expands into Brisbane occupying its very own 348 Edward Street property

New State General Manager appointed for Centuria’s Brisbane expansion. ~20% of Centuria’s AUM is now made up of Queensland properties Queensland portfolio value of ~$1.6bn with over 100 tenants Centuria Capital (ASX:CNI) has expanded its Brisbane presence, and is opening a centrally located office in its very own 348 Edward Street property, which was acquired by Centuria in late 2019 for $89 million.

Centuria Diversified Property Fund expands portfolio with third direct purchase of $65.4m Brisbane office

Centuria today announced the purchase of an A-grade office at 25 Montpelier Road, Bowen Hills, Queensland for $65.4 million.

Centuria goes BaseUp, providing innovative app-based parking solutions for its commercial property tenants

Centuria signs up to parking technology, further enhancing the service quality for its tenants. The app-based system will increase value and client satisfaction through ease-of-use parking provisions. Centuria, an earlier adopter of BaseUp, will be the first property group to roll this out nationally, across the largest portfolio of assets. Centuria will provide 280 tenants across 32 buildings access to 300 bays for short term use for the staff.

$127 million acquisition of 80 Flinders Street, Adelaide

Centuria Capital Group (Centuria) is pleased to announce: Unconditional exchange to acquire 100% interest in 80 Flinders Street, Adelaide, launch of new unlisted fund Strong commencement to FY20 with $127 million acquisition – expands upon more than $0.9 billion of Group transactions in FY19 Attractive commencing fund FY20 distribution yield of 6.50% p.a.^1,2 Fully leased prime building,

Centuria Capital Announces Senior Management Appointments

Jason Huljich appointed joint CEO, alongside John McBain who remains in a full-time capacity as joint CEO Ross Lees appointed Head of Funds Management Centuria Capital Group (Centuria ASX: CNI) has announced two internal promotions effective 21 June 2019.  Jason Huljich, previously Head of Real Estate and Funds Management, will join John McBain to co-lead the Group. 

Inner city investment snapped up for nearly $37m

• Centuria has sold an A-grade office building in Brisbane’s inner-city suburb of Cannon Hill for $36.95m
• The expressions of interest campaign generated strong demand, resulting in 9 offers
• A total return of 109% was generated for Centuria investors.

Metro office markets’ strength revealed as Centuria and BlackRock make significant profit for investors on Zenith towers

Centuria and BlackRock’s Zenith office towers in Chatswood Centuria and BlackRock sell The Zenith for $438.2 million Over 40,000 sqm leased during ownership period (58 deals) WALE extended by 80% Centuria Property Funds Limited (Centuria) and a private fund managed by global investment manager BlackRock today announced the sale of their jointly-owned Zenith office towers in Chatswood.

Centuria Diversified Property Fund acquires the top-tier ‘Optus Centre’ from Quintessential Equity

Centuria Diversified Property Fund (CDPF) has announced the acquisition of the Optus Centre,  Canberra, for $35 million from commercial property group Quintessential Equity.

Centuria Diversified Property Fund announces acquisition of first direct asset

Centuria Capital Group has today announced the acquisition a new-build office at 381 Macarthur Avenue, Northshore Hamilton, QLD for $19.74 million, CDPF’s first direct property acquisition.

Chatswood’s Zenith towers 100% leased: reinforcing market as a major commercial office precinct

The Zenith becomes one of the most in-demand metro office properties in Sydney: Both towers now 100% leased after significant active asset management by Centuria’s unlisted funds team, in conjunction with partner BlackRock

Clean energy partnership expands Centuria Healthcare’s corporate social responsibility platform

Centuria Healthcare has partnered with renewable energy operator Solar Bay to deploy solar energy across its healthcare property portfolio.

Centuria swoops on landmark Adelaide office tower

South Australia’s premier CBD office property the latest addition to $4.7 billion portfolio Centuria Capital Group (CNI) today announced that it exchanged unconditional contracts for the purchase of a 50% stake in the Bendigo & Adelaide Bank headquarters at 80 Grenfell Street, Adelaide, for $92.3 million. Acquisition of the $184.6 million office tower was made in partnership with Centuria’s capital partner,