trending Market Intelligence /marketintelligence/en/news-insights/trending/Tnidall-WsvaJX00k85_tQ2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Centuria Capital increases stake in Centuria Industrial REIT

Commercial Real Estate: 2020 Review

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate (CRE) Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd


Centuria Capital increases stake in Centuria Industrial REIT

Centuria Capital Group increased its interest in subsidiary Centuria Industrial REIT to 17.75%, with the acquisition of 3.97% of the latter's securities.

The strategic investment marks the first phase of capital deployment, secured from the parent company's A$60 million equity raise.

Separately, Centuria Capital and Centuria Industrial REIT collectively own a 17% stake in Propertylink, which the duo made a play for, bidding 95 Australian cents per security for the latter's outstanding securities. Propertylink eventually rejected the takeover bid.