Centuria Industrial

Centuria Industrial REIT (ASK: CIP), Australia's largest listed pure-play industrial REIT, today announced positive year end FY23 results, driven by strong leasing activity.

Centuria’s in-house development division provides an essential role in delivering our listed and unlisted funds with new assets to expand and enhance their portfolios.

Centuria Industrial REIT (ASX: CIP) has completed external valuations on 38 of its 89 investment properties as at 30 June 2023, representing approximately 57% of the portfolio by value

Australia’s largest listed pure-play industrial fund, Centuria Industrial REIT, has reported year to date positive re-leasing spreads averaged 28%, which reflects continuous tenant demand and record low national vacancy for Prime industrial facilities.

Australia’s largest listed pure-play industrial fund, Centuria Industrial REIT, together with development partner, Cadence Property Group, has broken ground on a new multi-unit industrial facility within Melbourne’s North, the tightly held infill market where current vacancy rates are less than 0.5%.

Centuria Industrial REIT has announced the launch of a fully underwritten A$300m guaranteed exchangeable notes offering, with net proceeds used to repay existing debt facilities and for general corporate purposes.

Australia’s largest listed pure-play industrial fund, Centuria Industrial REIT, has reported strong HY23 results underpinned by exceptional re-leasing spreads of 19%, up 8% on FY22, reflecting continuous industrial occupier demand within urban infill markets across Australia.

CIP completed external valuations on 28 investment properties, representing c.55% of its portfolio by value as at 31 December 2022. The remaining properties were subject to internal or Directors’ valuations.

Centuria Industrial REIT (ASX: CIP), Australia’s largest listed pure-play industrial fund, has announced an industrial real estate partnership with an investment vehicle sponsored by Morgan Stanley Real Estate Investing (MSREI).

Australia’s largest listed pure-play industrial fund, Centuria Industrial REIT (ASX: CIP), has officially opened its industrial estate in Dandenong South, with the six-unit asset fully leased, illustrating the continuous and prolonged demand for urban infill industrial assets.

Australia’s largest listed industrial fund, Centuria Industrial REIT (ASX: CIP), has broken ground on a new 12,300sqm industrial facility in Canning Value, WA, addressing Perth’s prevailing strong sector tailwinds underpinned by low vacancy rates, limited forecast supply and rising industrial rents.

Centuria Industrial REIT provided its Q1 FY23 update and reaffirmed its FY23 distribution guidance at 16.0 cpu, reflecting an annualised distribution yield of 5.9%.

Centuria Industrial REIT (ASX: CIP), Australia’s largest listed pure-play industrial REIT, today announced strong year end FY22 results, which delivered on upgraded Funds from Operation (FFO) guidance of 18.2 cents per unit (cpu), and distribution guidance of 17.3cpu.

Australia’s largest listed pure-play industrial REIT, Centuria Industrial REIT (ASX: CIP), today confirmed it has fully leased its new 10,200sqm distribution centre at 42 Hoepner Road, Bundamba QLD, with Australia Post securing the final tenancy

Centuria Industrial REIT has announced valuation gains of 1.3% across its portfolio, adding $48m to the portfolio.