News and media
Please find below news and media articles related to Centuria’s unlisted property funds.
01.12.2017
Centuria Healthcare Direct Medical Fund No. 2 acquires Yarrabilba Health Hub
We are excited to announce that the Yarrabilba Health Hub development has been acquired by the Centuria Healthcare Direct Medical Fund No. 2, a new medical property which has all the right attributes.
19.10.2017
Centuria Healthcare Direct Medical Fund No. 2 grows with three acquisitions
Centuria Healthcare Direct Medical Fund No. 2 has recently secured three additional medical assets with varying yet complementary attributes that will significantly strengthen the fund metrics and quality of assets.
26.09.2017
Centuria investors triple their money with sale of Sydney CBD property
Record price achieved for Centuria investors Centuria Property Funds today announced a significant profit on the sale of a Sydney CBD office property, Swire House. The 10 Spring Street, Sydney property was purchased in 2013 for $91.64 million and has sold for $270.05 million. The record breaking price for a B-grade office sale in Sydney means Centuria’s investors’ equity investment tripled over the four years in addition to their income return of 8% per annum.
19.07.2017
Launch of the Centuria Healthcare Direct Medical Fund No. 2
We are excited to announce that Centuria Healthcare has launched the Centuria Healthcare Direct Medical Fund No. 2, seeded with the acquisition of the Coorparoo Medical Centre.
19.07.2017
Unveiling a fresh face for our Infinite Homes
The Heathley Aged Care Property Fund has completed brownfield refurbishments at two of its Infinite Care properties.
19.06.2017
Centuria Healthcare Direct Medical Fund No. 1 – closes for investment
After a two and a half year Investment Period, Centuria Healthcare’s first “Direct Medical Fund” has successfully reached its target value and closed for investment.  The Fund will now be actively managed throughout the Portfolio Management Period, being up to 4 ½ years from July 2107.
03.06.2017
High yield, low risk. Centuria’s latest unlisted property trust three times oversubscribed
Huge investor demand for the Scarborough House Fund sees it closed early to new investors. Centuria Capital today announced that its unlisted property trust, the Centuria Scarborough House Fund, (the Fund), is oversubscribed due to unprecedented demand. Centuria received demand for $150 million of equity with only $46 million of equity on offer and it was closed to new investors after 5 days.
05.04.2017
Projected improvement in Brisbane office market fundamentals drives unlisted fund
Centuria has purchased 1231 Sandgate Road, Nundah for $106.25 million to form a new unlisted property fund Centuria Property Funds today announced the launch of its latest unlisted fund, Centuria Sandgate Road Fund (the Fund). The property was acquired this week for $106.25 million. Combined with other acquisitions made this financial year, it will increase Centuria Capital’s total funds under management (FUM) by $457 million to $3.8 billion.
19.03.2017
Heathley Keystone Property Fund No. 34 – Fund returns IRR of 27% on windup
The Manager has successfully completed the sales campaign in accordance with the Fund’s strategy, exchanging unconditional contracts for all three of the properties, providing a 27% investor IRR.
23.01.2017
Centuria divests 200 Creek Street, Brisbane
Centuria Property Funds today announced that it has sold its commercial office tower at 200 Creek Street, Brisbane, for $38.7 million. The property has been purchased by Sentinel Property Group. Jason Huljich, CEO of Unlisted Property at Centuria, said: “We purchased the property in 2011, and since then we have carried out a series of upgrades and refurbishments designed to make the building more appealing to tenants.
19.01.2017
Heathley Medical Property Fund No. 1 – Property sold
Heathley is pleased to announce that the Heathley Medical Property Fund No.1 settled the sale of its only property, 20-22 Mons Road, Westmead NSW. delivering investors a 22% IRR.
22.11.2016
Group Homes Australia and Centuria Healthcare Announce Property Partnership
Centuria Healthcare agrees to fund the purchase and development of Group Homes Australia residences.  The properties will provide attractive diversification benefits to the existing Centuria Healthcare Aged Care Property Fund No. 1 portfolio and exposure to a  progressive model of specialist dementia care and highly reputable aged care operator. Group Homes Australia, the first Australian model to offer dementia and high care in a group-home environment,
