Wholesale Investments News
Are Centuria Bass exposed to Probuild?
What is the impact on our investments following recent news of building contractor Probuild appointing administrators?
Primewest secures a $41.5m Woolworths-anchored Hurstville Retail Centre from Fridcorp
Centuria Capital Group subsidiary, Primewest, has secured an off-market, $41.5 million daily needs retail centre in Hurstville.
Primewest Secures $71.2m Northgate Shopping Centre, Geraldton
Centuria Capital Group subsidiary, Primewest, has secured a $71.2 million shopping centre in Geraldton, Western Australia, for a single asset, unlisted closed ended wholesale fund.
Primewest Secures Woolworths-anchored Potts Point Retail
Centuria Capital Group subsidiary, Primewest, has acquired the Woolworths-anchored daily needs retail precinct within Potts Point’s OMNIA mixed-used development for $14.3 million.
Primewest Secures $34m Byford Village Shopping Centre, Perth
Centuria Capital Group subsidiary, Primewest, has acquired the Coles-anchored Byford Village Shopping Centre along with an adjoining vacant site in a $33.75 million transaction.
Alternative Unlisted Property Funds
Often when people think of unlisted property funds, they consider an equity investment in a physical real estate asset. However, an alternative real estate vehicle is an unlisted debt fund, that provides the finance for developers to build a new property. While the risk profiles of debt funds differ from equity funds, so do the return profiles.
Primewest launches Agricultural Trust No.2 with new almond orchard acquisition, NSW
Following its recent merger with Centuria Capital Group, Primewest has launched a new wholesale unlisted agricultural fund, Primewest Agricultural Trust No. 2, seeded with a
$53.9 million almond farm located in NSW’s renowned Riverina region.
Centuria announces Bass Capital Joint Venture
Centuria Capital has secured a 50% investment in experienced real estate debt fund provider, Bass Capital.