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CENTURIA CAPITAL GROUP — Capital/Financing Update 2012
Sep 26, 2012
64677_rns_2012-09-26_e1871994-dc95-4330-b95c-5347eaf38bf5.pdf
Capital/Financing Update
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27 September 2012
Australian Securities Exchange
Company Announcements Platform
Centuria Brisbane purchase
SYDNEY, 2012: Centuria Property Funds, a wholly-owned subsidiary of the ASX listed Centuria Capital Limited (CNI), has today announced the $23.3 million purchase of 19 Corporate Drive, Cannon Hill, QLD from Mirvac.
The property will be held in Centuria’s latest single asset, unlisted property fund the Centuria 19 Corporate Drive Fund which will return 9.75% p.a. in its first year growing to 10.00% p.a. in year two. Equity raising for the fund is currently underway.
Centuria Capital’s CEO, John McBain commented that the offering is being well received by investors and Centuria’s property group is currently finalising the acquisition of a second commercial office investment which should see property acquisitions totalling circa $80 million in the first half.
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For more information, please contact:
John McBain Alicia Eu CEO Account Executive Centuria Capital BlueChip Communication Phone: (02) 8923 8923 Phone: 02 9018 8603/ 0412 552 004 Email: [email protected] Email: [email protected]
About Us
Centuria Capital “CNI” is an ASX-listed diversified funds manager with $2 billion in funds under management. We offer a diverse range of investment opportunities – from tax-effective investment bonds to unlisted property funds. Our drive, allied with our inside knowledge of the sector and intimate understanding of our clients, allows us to transform opportunities into rewarding investments.
ASX Stock Code: CNI www.centuria.com.au
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