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, but a lower revenue and profit compared to the same period last year.
Centuria Metro now has 20 office assets worth $1.4 billion, making it "Australia's largest pure-play listed office REIT," fund manager Grant Nichols said.
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Su-Lin Tan reported on housing, commercial real estate and property finance. She also covered China and Asian business, trade and politics. Connect with Su-Lin on Twitter. Email Su-Lin at stan@afr.com.au
