Joining forces with Centuria - what this means for investors

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JOHN MCBAIN
JOINT CEO		 JASON HULJICH
JOINT CEO

Following our friendly merger, Centuria and Augusta are joining forces to accelerate our growth ambitions in New Zealand.

This is an exciting juncture for us, and an opportunity to share what we believe this means for our investor community.

Founded in 2001 Centuria has evolved to become a leading ASX300 company.

Today, we are one of Australia’s largest real estate fund managers with over 200 properties, 900 tenants and close to $10 billion in assets under management.

Most importantly, we are trusted by thousands of investors wanting greater access to quality commercial real estate.

In Augusta, we saw a mirror like image and an opportunity to create one of Australasia’s leading real estate funds management platforms.

Our companies’ visions and values are aligned. And our joint CEOs, John McBain and Jason Huljich, were both born here in New Zealand.

In 2020 we’ve been busy – since 30 June Centuria has transacted more than $1.25 billion worth of real estate.

Already, alongside Mark, Bryce and the wider Augusta team we’ve started to leverage Centuria’s balance sheet to grow the New Zealand portfolio.

So far, we’ve invested more than $230 million through the Visy Glass manufacturing facility and Anglesea Medical Centre deals, including provide development funding for Auckland Council’s new Albany headquarters.

As we come together as one company we look forward to bringing you opportunities to invest alongside us in high quality industrial, healthcare and office real estate assets – designed to deliver you stable, long-term returns and capital growth.

Centuria is not afraid to think big and be bold in our ambition to build Australasia’s leading real estate funds management platform. To learn more about Centuria’s growth story, click here.

About Centuria

Centuria Capital Group is a leading Australasian funds manager included in the S&P/ASX300 Index.

We currently manage close to $10 billion of assets and offer a range of investment opportunities, predominantly listed and unlisted real estate funds. For over twenty years, we have maintained a strong focus on our inhouse real estate expertise to identify, transact, create and manage successful property investment vehicles.

Our core business is the management of property funds and is classed as an “external” manager. Real estate funds management is the largest component of our platform with $8.6 billion of assets under management.

 

CENTUIRA HEALTHCARE new
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CENTURIA HEALTHCARE
32 Morrow Street, Taringa, QLD		 COF
Nishi, 2 Phillip Law Street, Canberra ACT

 

We are well-positioned with deliberate exposure to the industrial, healthcare and decentralised office real estate markets throughout Australia and New Zealand and have an extensive range of property fund types ranging from listed funds to unlisted fixed-term and open ended funds.

Centuria Capital is the manager of Centuria Industrial REIT (ASX: CIP) and Centuria Office REIT (ASX: COF), Australia’s largest domestic pure-play industrial and office REITs included in the S&P/ASX 200 and 300 Indices, respectively.

Centuria Capital is also responsible for a range of unlisted real estate funds presently comprising 12 fixed-term office funds, 10 healthcare funds, an institutional healthcare real estate mandate and two multi-asset open-ended funds.

In addition to our property funds management activities, we also manage an $0.8 billion friendly society investment bond portfolio on behalf of numerous policyholders, this is a longstanding business unit which has recently launched a contemporary investment product called “Centuria LifeGoals”.

We operate a dual strategy of growth by both direct real estate transactions as well as corporate acquisitions. The latter included the recent settlement of a 63% interest in Heathley Limited, which has since re-branded to Centuria Healthcare.

Our vision is to build a leading Australasian listed external real estate funds management platform and attain a “top three Australian ranking” amongst our peers.