Centuria Capital

Centuria Healthcare Property Fund has secured more than $115 million worth of healthcare real estate.

Centuria Capital Group has established a new institutional healthcare partnership through a joint venture with an investment vehicle sponsored by Morgan Stanley Real Estate Investing (MSREI), to be called the Centuria Prime Partnership (CPP).

Construction commenced this week on North Queensland’s newest private hospital with the $60million Weststate Private Hospital, Townsville, breaking ground as development partners, Centuria Healthcare and Geon Property, marked the significant milestone with the hospital operator, Weststate Private Hospital

Leading Australian real estate funds manager, Centuria Capital Group, today credited organic growth across its real estate acquisitions, revaluations and development pipeline for delivering strong 2022 Financial Year interim results.

ASX-200 listed, Centuria Capital Group, has upgraded its operating earnings per security (OEPS) guidance of 14.5 cents per security (cps) for the 2022 Financial Year ahead of its interim results, which are due to be released on Wednesday 9 February.

Centuria Capital Group has secured an off-market, c.$202million Daily Needs Retail (DNR) precinct within Sekisui House’s $1.1billion masterplanned mixed-use development, West Village, Brisbane

Centuria Capital Group has rounded off the 2021 calendar year with a raft of healthcare real estate acquisitions, across both sides of the Tasman, totalling, c.$466million throughout the past two months.

Centuria have achieved practical completion on the St John of God Murdoch Hospital in Perth.

The Centuria Healthcare Property Fund has further expanded its fast-growing portfolio with a $51million In Vitro Diagnostic Manufacturing Laboratory at Mt Waverley VIC, $7.3million worth of dementia care residences in St Ives, Sydney, and a $13million medical centre development in West Lakes, SA.

Centuria Capital Group has announced the acquisition of an agricultural property in Warragul, VIC for $177m.

Centuria Capital Group and MA Financial Group Limited have acquired an A-Grade Adelaide office building for $166.6m

Joint development partners, Centuria and Samaras Group, were joined by City of Salisbury Mayor, Gillian Aldridge OAM, and steel manufacturing operator, Apex Group, to celebrate breaking ground on the new $38.25 million industrial development in Direk, South Australia.

Throughout a five year period of proactive asset management, Centuria Capital has greatly improved the sustainability of its office building located at 1 Richmond Road, Keswick, South Australia with the property’s NABERS Energy rating rocketing from 3.0 stars to 5.5 stars.

Centuria Healthcare has further expanded its unlisted open-ended fund, Centuria Healthcare Property Fund (CHPF), with a seven-asset portfolio acquisition worth c. $167million on a weighted average passing yield of 5.0%.

Centuria Capital Group will develop a c.$40million A-Grade boutique office building in the heart of Adelaide’s CBD, illustrating the Groups confidence in the regional and metropolitan office markets