Centuria Capital

Australasian real estate funds manager, Centuria Capital Group, has secured the Margaret River Shopping Centre, WA, for $15million, reflecting a 6.47% initial passing yield.

The Centuria Agriculture Fund (CAF or Fund) has secured one of South Australia’s largest glasshouse assets, Sundrop Farms for $70 million from the Morrison & Co Growth Infrastructure Fund, bringing Centuria’s total agriculture assets under management (AUM) to $421 million.

Leading Australasian real estate manager, Centuria Capital Group, continues to capitalise on the strong industrial market tailwinds with the acquisition of a $35.5million, high-quality distribution centre at 69-79 Diesel Drive, Paget, Mackay QLD.

The development division within the ASX-200 listed Centuria Capital Group, has reached a significant milestone with the topping out of its boutique $42million A-Grade office building in the heart of Adelaide’s CBD.

Perth-based real estate funds manager, Primewest, has announced it has formally adopted the brand of its parent company, Centuria Capital Group (ASX: CNI or “Centuria”), and from today will solely be known as Centuria.

Construction of Adeney Private Hospital, which will be operated by a doctor-led joint venture with Medibank, is underway with developer Centuria breaking ground on the $75million, four-storey building today.

Centuria Capital Group (ASX: CNI) and MA Financial Group have conditionally secured one of Perth’s well-known A-Grade office towers, “Allendale Square,” through a 50:50 joint venture for $223million on a capitalisation rate of 7.25%.

Centuria NZ Industrial Fund and one of the largest spirit and wine distributors in NZ, Hancocks, are working together to transform a 15,021 sqm Mangere (Auckland) warehouse into a modern, sustainable industrial facility.

Australasian real estate fund manager, Centuria Capital Group, has credited the diversification of its platform to delivering strong FY22 full year results, meeting operating earnings per security (OEPS) guidance of 14.5cps (+20.8% pcp)

Centuria Office Fund has acquired 57 Wyatt Street, Adelaide, as a fund-through investment into a high-quality boutique office building with Centuria Developments responsible for delivery.

Centuria Capital Group has launched an unlisted, open-ended agriculture fund, Centuria Agriculture Fund (CAF), which is seeded with a $177million state of the art glasshouse in Warragul Victoria.

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.