Fund Overview

About the Centuria Urban REIT

The ASX-listed Centuria Urban REIT is a registered managed investment scheme, (ARSN 106 453 196).  The Centuria Urban REIT invests in urban office assets within Australia. The Fund’s portfolio comprises 3 office assets in Brisbane and Melbourne.  These assets have been valued at $210.4 million 1.

Investment Objectives

The Fund owns a portfolio of quality office real estate assets delivering stable and predictable rental income.

The portfolio is well positioned to meet the Fund’s objectives to provide investors predictability and stability of income, through strong portfolio occupancy and weighted average lease expiry profile. Distributions to Fund unitholders are paid quarterly.

Key Fund metrics as at 31 December 2016

  • Weighted Average Lease Expiry (WALE) – 4.6 years
  • Occupancy – 99.2%
  • Capitalisation rate – 6.86%
  • Net Tangible Assets per unit – $2.27
  • Gearing – 19.7%

1. As at 31 December 2016.