ASX Announcements
Annual Report, Top 20 shareholders, Full Year Accounts, Full Year Audit Review, Full Year Directors' Statement, Full Year Directors' Report
- Sep 26, 2024
- 47 pages
July
Record leasing, higher rents lift earnings at Centuria industrial fund
Centuria Industrial REIT leased more than 20pc of its portfolio over FY24 and generated average increases of 43 per cent as rents were reset to market rates.
- Larry Schlesinger
- Exclusive
- Industrial
AWH lease renewal locks cotton, wool in shed for another 7 years
Transport access is key for the fibre handler, which accounts for 4 per cent of the REIT’s total portfolio.
- Michael Bleby
February
The property boom in this sector has years to run: Centuria
Centuria expects to rack up rental increases as 41 per cent of its industrial leases expire over the next 3½ years.
- Campbell Kwan
August 2023
Values of sheds on long leases down 15-20pc: Centuria
The logistics landlord has written down the value of industrial facilities on long leases that cannot capture the strong uplift in rents by 15-20 per cent.
- Larry Schlesinger
April 2023
Six inflation-busting strategies to boost income
The highest inflation since the early 1990s has “caused havoc” among retirees who need new ways to keep up with rising costs.
- Duncan Hughes
Property funds vulnerable to big falls as investors exit
Falling demand for offices, rising bond yields and a slowing economy threaten to drive down commercial real estate by 20 per cent, analysts warn.
- Duncan Hughes
February 2023
Centuria cashes in on convertibles demand at CIP
Old dog Centuria Capital has learnt a new trick in a bid to drive down funding costs at its ASX-listed warehouses owner Centuria Industrial REIT (CIP).
- Anthony Macdonald, Sarah Thompson and Kanika Sood
China reopening good for residential and retail property
The return of short- and longer-term travellers from China will boost Australia’s moribund apartment sector, but retail faces tougher headwinds, UBS warns.
- Michael Bleby
January 2023
‘Huge mismatch’ driving up industrial rents: Centuria
Centuria Industrial REIT lifted rents 19 per cent on new leases over the second half of 2022 as demand for warehouse space in major cities outstripped supply.
- Larry Schlesinger
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
October 2022
- Opinion
- Commercial real estate
The down-and-out REITs worth buying
Want to know which real estate investment trusts to add to your portfolio at bargain prices? This is what you need to consider.
- Mark Draper
August 2022
Industrial property booming despite rising debt costs: Centuria
Centuria Industrial REIT has forecast lower earnings for this financial year despite expecting rents to climb strongly, as it deals with rising finance costs.
- Larry Schlesinger
July 2022
Industrial property’s ‘spectacular’ run coming to end: analysts
After registering huge valuation increases in recent years, the latest update from $4 billion landlord Centuria Industrial REIT suggests this run may be over.
- Larry Schlesinger
June 2022
Centuria Industrial REIT takes $20m gain on $13m purchase
The listed investor is following a broader strategy of acquiring adjoining assets within key infill markets to drive scale and tenant diversity.
- Martin Kelly
February 2022
Industrial rents to grow by up to 50pc over the next five years
Surging demand for industrial and logistics property meeting low supply can mean only one thing - rapidly rising rents.
- Martin Kelly
CIP upgrades guidance as ‘tangible’ rental growth kicks in
The owner of $4 billion of logistics assets recorded 10 per cent average rent increases on leasing deals negotiated over the six months to December.
- Larry Schlesinger
January 2022
Centuria Industrial fund hits $4b after ‘last mile’ swoop
The six properties acquired by CIP include an 8-hectare site in Melbourne’s north offered for sale by private equity firm CPE Capital.
- Larry Schlesinger
September 2021
Sydney warehouse value up $65m in nine months
A 60,000 square metre warehouse leased to Fantastic Furniture has set a new yield benchmark of 3.6 per cent after it sold $65m above its book value.
- Updated
- Larry Schlesinger
Centuria’s CIP, APN Industria REIT face off with raisings
It’s the battle of the listed industrial property groups on Thursday morning.
- Anthony Macdonald, Yolanda Redrup and Kanika Sood
August 2021
Industrial boom still has a long way to run: Centuria
The ‘shops to sheds’ phenomenon as more people shop online is a major driver of warehouse space demand and investor appetite, says fund manager Jesse Curtis.
- Larry Schlesinger