News and media

Please find below news and media articles related to Centuria’s unlisted property funds.

12.12.2019

Centuria continues to deliver for its established unlisted property division

Centuria Property Funds Limited (Centuria) has exchanged contracts to divest 2-10 Wentworth Street, Parramatta NSW for $105.3m following the completion of the closed ended property fund’s five year term.  The property was acquired in December 2014 for $45.1 million. The successful sale reflects Centuria’s proactive asset management capabilities and the current strength across the commercial transaction markets. 

17.10.2019

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.

03.09.2019

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.

13.08.2019

Centuria’s unlisted retail property funds remain at the top of the index

For the tenth quarter in a row, Centuria’s Unlisted Property team has achieved six funds in the top 10 in Australia’s unlisted retail property fundsector’s leading index. Centuria has again taken the top honours in the recently released June 2019 quarter, with Centuria funds taking the top six places based on total return performance for the 12 months to 30 June 2019.

22.07.2019

$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,

21.06.2019

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. 

13.06.2019

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.
11.06.2019

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.

03.06.2019

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.

27.05.2019

5 steps to commercial property success

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. 

23.05.2019

Centuria announce the formation of Centuria Heathley Limited

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.

15.05.2019

Centuria’s unlisted retail property funds maintain the edge

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.

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