News & Media
Please find below news and media articles related to Centuria’s Unlisted Property Funds.
Investors given opportunity to invest in iconic commercial asset on Sydney’s North Shore Centuria Property Funds Limited (Centuria) today announced that contracts have been exchanged on the Zenith, an institutional grade office asset located at 821 Pacific Highway, Chatswood. A new Centuria unlisted property fund, the Centuria Zenith Fund, will co-invest with global investment firm, BlackRock to acquire the property.
Centuria Capital today announced the settlement of Centuria Property Funds’ $104 million stake in the landmark Australian Technology Park (ATP) in inner city Sydney following record investor interest in its corresponding unlisted Centuria ATP Fund. Centuria received over $130 million of Investor interest for the available $62 million of equity, with the retail equity raising closing after only 6 days.
St Leonards is expected to perform strongly on the back of improved transport infrastructure and commercial space shrinkage due to residential conversions. Centuria Property Funds Limited today announces that it has settled the acquisition of 203 Pacific Highway, St Leonards for $86.05 million. The property has been acquired by two Centuria funds, the Centuria Metropolitan REIT (CMA) and the Centuria 203 Pacific Highway Fund (Fund) which will each acquire a 50 per cent leasehold interest in the asset.
View the ASX release here CNI subsidiary, Centuria Property Funds Limited (CPFL) today confirmed the sale of its landmark Sydney CBD asset, 175 Castlereagh Street, to Transport for NSW for a purchase price of $98 million. The building was purchased by the Centuria 175 Castlereagh Street unlisted fund in 2013 for $56 million with the strategic intention of repositioning the asset and in the belief that the Southern CBD precinct would be re-rated.