Tag Archives: PWG

Centuria Capital Group subsidiary, Primewest, has acquired the Coles-anchored Byford Village Shopping Centre along with an adjoining vacant site for $33.75m

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.

The proposed takeover of Primewest by Centuria has progressed without any potential counter parties emerging, however Centuria have not yet obtained the minimum number of securities they had hoped to achieve forcing the group to extend the offer period by a further week and drop the minimum conditions.

The proposed takeover of Primewest by Centuria has progressed without any potential counter parties emerging, however Centuria have not yet obtained the minimum number of securities they had hoped to achieve forcing the group to extend the offer period by a further week and drop the minimum conditions.

Centuria has today announced that it has entered into an agreement with Primewest under which Centuria will make an off-market takeover offer for 100% of Primewest securities, creating a $15bn real estate platform.

Primewest have been reported as the buyer for QIC’s Robina Home + Life homemaker centre on the Gold Coast in a $66 million completed this week.

Primewest has announced a fully underwritten capital raising of $55m to become a cornerstone investor in its recently launched wholesale funds.

Primewest is paying $15.1 million for the Tamworth Lifestyle Centre which adjoins the existing Tamworth Homemaker Centre acquired by the group in November last year. The acquisition will be the fourth asset in its Diversified Income Trust 4 (PDIT4). The bulky goods centre sits on 2.4 hectares site at 31-41 …

Primewest has acquired a large scale industrial facility in Adelaide for $22m.

The ups and downs of the Perth market are evident in the sale of 66 Kings Park Rd with Warrington electing to sell with further upside left for Primewest.

Primewest had an impressive debut on the ASX this week closing on Friday at $1.17/unit, up from an issue price of $1.00/unit, taking the market cap of the Trust to $408m.

Primewest have acquired two NSW regional shopping centres for $45M ahead of their planned IPO