Fund manager Centuria Capital hopes to float three new vehicles – a private credit trust along with two property funds – by the end of the year, in a $1.5 billion ambition to tap the turn in property markets.

The confidence that investors are swinging back towards real estate stocks comes as interest rates fall in Australia and New Zealand, where Centuria also has exposure, its joint chief executives John McBain and Jason Huljich told The Australian Financial Review on Thursday.