August 2023
Centuria open to selling offices amid write-downs, rising rates
The Centuria-run office fund’s $98 million write-downs has reaffirmed valuation declines as a dominant theme within the commercial property sector this year.
- Campbell Kwan
May 2023
- Opinion
- Chanticleer
Forget remote work, office property has a more basic worry
Despite a 20-year high in office vacancy rates, supply will rise for two years as demand weakens. Morgan Stanley says rents may be stuck for years.
- James Thomson
April 2023
- Opinion
- Investing
The next Big Short? Why traders are betting against office towers
There are parallels between the 2008 housing crash and the strains in global commercial property. How bad can it get in Australia?
- Jonathan Shapiro
February 2023
Centuria Office REIT jumps as it hits earnings target
Despite booking in lower earnings and distributions, the fund’s capacity to hit its targets generated a relief rally that sent its stock flying 7 per cent higher.
- Nick Lenaghan
January 2023
Indebted REITs unlikely to have to raise emergency capital
Debt is an issue for property companies, but it’s not extreme. And there are some major differences from the big GFC downturn.
- Michael Bleby
August 2022
Centuria Office REIT counts the higher cost of debt
As the first property trust to report this earnings season, the Centuria-run REIT could well set the tone for those that follow.
- Nick Lenaghan
February 2021
Centuria Office fund forecast finds favour
The Centuria-run fund’s stock bounced, closing higher after it reinstated its earning guidance, even as most property stocks fell.
- Nick Lenaghan
August 2020
Centuria Office REIT beats expectations
Centuria's pure-play office real estate investment trust has exceeded expectations in the market, with rent collection over the June quarter at a robust 92 per cent.
- Ingrid Fuary-Wagner
February 2020
Low vacancy rates welcome news for Centuria Metropolitan REIT
Low vacancy rates across the country are playing to Centuria Metropolitan REIT's advantage.
- Ingrid Fuary-Wagner
December 2019
Centuria raising for Canberra acquisition
Centuria Metropolitan REIT was tapping funds on Tuesday to the tune of $185 million, to partially fund its purchase of a Canberra office building.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
Centuria Metropolitan REIT prepares equity raising: sources
Centuria Metropolitan REIT is preparing to launch an equity raising to fund an acquisition, Street Talk can reveal.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
September 2019
UBS, Moelis beat drum for Centuria Metropolitan REIT
A busy morning for equity raisings has culminated in a $273 million cash call for office and industrial property fund manager Centuria Metropolitan REIT.
- Sarah Thompson and Anthony Macdonald
August 2019
Centuria Metro REIT books earnings uplift
Centuria Metropolitan REIT recorded an uplift in funds from operations to $61.2 million over the year to June.
- Ingrid Fuary-Wagner
March 2019
Weak half-year results prompt downgraded REITs earnings forecast: UBS
Investment bank UBS has downgraded forecast earnings of real estate investment trusts (REITS) by 2 to 4 per cent.
- Su-Lin Tan
February 2019
Centuria Metropolitan REIT focuses on acquisitions in the first half of 2019
Centuria Metropolitan REIT's focus on being a pure-play office fund has led to $520 million in acquisitions in the first half of 2019.
- Su-Lin Tan
December 2018
Williams Landing: Cedar Woods to book Target head office sale ahead of schedule
Settlement will even out earnings typically skewed towards the second half.
- Updated
- Michael Bleby
Centuria industrial fund expands with $54m in deals
Centuria Industrial REIT has bought two properties, in Queensland and Western Australia, for total of $54.4 million.
- Updated
- Nick Lenaghan
October 2018
Paul Lederer joins Centuria to take $645m Hines portfolio
Financial Rich Lister Paul Lederer has joined Centuria to acquire the $645 million Hines Global REIT portfolio of four towers.
- Updated
- Nick Lenaghan
Moelis, UBS launch $276m raising for Centuria Metropolitan REIT
Centuria Metropolitan REIT is seeking to raise $276 million to buy a bunch of properties from Hines Global REIT.
- Updated
- Sarah Thompson and Anthony Macdonald
September 2018
Propertylink launches $755m bid for Centuria Industrial REIT
Propertylink has launched a $755 million takeover for Centuria Industrial REIT after taking a 12 per cent stake in an overnight raid.
- Updated
- Nick Lenaghan and Matthew Cranston