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CENTURIA CAPITAL GROUP Capital/Financing Update 2025

May 18, 2025

64677_rns_2025-05-18_cce3198b-0fa9-4f32-becb-2619e5155cf0.pdf

Capital/Financing Update

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Centuria Capital Group (CNI)
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Centuria and BGO establish institutional partnership with their first joint acquisition of a $200 million industrial portfolio

  • Global real estate investor, BGO, commits to a $200m industrial portfolio; potential to expand

  • Group’s institutional capital commitments increase to c.$2.1bn[1] ; industrial platform grows to more than $6.2bn[1]

  • Off-market acquisitions demonstrate Centuria’s ability to secure high-quality assets for partners

SYDNEY (Monday, 19 May 2025) – Centuria Capital Group ( ASX: CNI or “Centuria” or “Group”) has secured its third industrial institutional partnership with global real estate investor, BGO, which has committed to a c.$200 million portfolio with the potential to expand its investment in domestic urban infill industrial markets.

BGO, which has more than $100 billion of assets under management (AUM) and is part of Sun Life Financial, is supported on the ground in Australia by local manager Cliffbrook Capital. The portfolio consists of three off-market, Western Sydney warehouses, providing c.45,000sqm of prime industrial space within tightly held urban infill markets where vacancy is 2.7%[2] .

Centuria is appointed Investment Manager and Property Manager and the Group will hold a five per cent interest in the portfolio. To date, Centuria manages c.$2.1billion of assets on behalf of institutional investors[1] .

Jason Huljich, Centuria Joint CEO, said “We are pleased to partner with BGO and will continue to seek opportunities across tightly-held industrial markets for the partnership. This type of institutional partnership speaks to the strong appetite from international capital seeking to harness the strong domestic industrial sector tailwinds, particularly within infill markets, which benefit from proximity to households and businesses alike.”

“The Western Sydney portfolio again illustrates Centuria’s ability to secure rare, off-market quality assets for our institutional partners. With Australia’s burgeoning population increasing demand from the industrial and logistic sector, coupled with limited new supply within infill markets, we believe macroeconomic tailwinds will persist throughout the medium term. These factors bode well for our institutional partners as well as Centuria securityholders.”

Located at 28 Britton Street, Smithfield NSW; 45 Britton Street, Smithfield NSW; and 17 Stanton Road, Seven Hills NSW; the portfolio benefits from the opportunity to capture strong rental growth.

Centuria remains one of the largest industrial landlords across Australasia with more than 160 assets exceeding $6.2 billion[1] .

-ENDS-

For more information or to arrange an interview, please contact:

Jason Huljich Tim Mitchell Alexandra Koolman
Joint CEO Group Head of Investor Relations General Manager – Communications
Centuria Capital Limited Centuria Capital Limited Centuria Capital Limited
T: 02 8923 8923 T: 02 8923 8923 T: 02 8923 8923
E: [email protected] E: [email protected] E: [email protected]

Authorised for release by Anna Kovarik, Company Secretary.

About Centuria Capital Group

Centuria Capital Group (CNI) is an ASX-listed specialist investment manager with $20.5 billion of assets under management (as at 31 December 2024). We offer a range of investment opportunities including listed and unlisted real estate funds as well as taxeffective investment bonds. Our drive, allied with our in-depth knowledge of these sectors and intimate understanding of our clients, allows us to transform opportunities into rewarding investments.

www.centuria.com.au

Centuria Capital Group Consisting of:

Centuria Capital Limited ABN 22 095 454 336 Centuria Capital Fund ARSN 613 856 358

Level 41, Chifley Tower 2 Chifley Square, Sydney NSW 2000

E: [email protected] www.centuria.com.au

T: 02 8923 8923 F: 02 9460 2960

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Centuria Capital Group (CNI)
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DISCLAIMER

This announcement contains selected summary information and does not purport to be all-inclusive, comprehensive or to contain all of the information that may be relevant, or which a prospective investor may require in evaluations for a possible investment in CNI. It should be read in conjunction with CNI's periodic and continuous disclosure announcements which are available at www.centuria.com.au.

This announcement is provided for general information purposes only. It should not be relied upon by the recipient in considering the merits of CNI or the acquisition of securities in CNI.

Before making an investment decision, the recipient should consider its own financial situation, objectives and needs, and conduct its own independent investigation and assessment of the contents of this announcement, including obtaining investment, legal, tax, accounting and such other advice as necessary or appropriate.

This announcement may contain forward-looking statements, guidance, forecasts, estimates, prospects, projections or statements in relation to future matters ('Forward Statements'). No independent third party has reviewed the reasonableness of any such statements or assumptions. No member of CNI represents or warrants that such Forward Statements will be achieved or will prove to be correct or gives any warranty, express or implied, as to the accuracy, completeness, likelihood of achievement or reasonableness of any Forward Statement contained in this announcement.

1 As at May 2025

2 Source: CBRE Research – Sydney Central West 2H24 Industrial Vacancy

Centuria Capital Group Consisting of: Centuria Capital Limited ABN 22 095 454 336 Centuria Capital Fund ARSN 613 856 358

Level 41, Chifley Tower T: 02 8923 8923 E: [email protected] 2 Chifley Square, Sydney NSW 2000 F: 02 9460 2960 www.centuria.com.au