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Centuria wins A$500 million mandate for Australian property

Focus is on industrial property, where Australia has one of the lowest vacancy rates worldwide.

Centuria has a portfolio of about 160 industrial properties across Australia and NZ.

Trans-Tasman asset management group Centuria Capital has secured a new A$500 million institutional mandate from a US client to invest in Australian industrial property.

The mandate, known as the Last Mile Logistics Partnership, has been seeded with three properties in Melbourne purchased off-market

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Lachlan Colquhoun Mon, 11 Sep 2023
Contact the Writer: lachlan@nbr.co.nz
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Centuria wins A$500 million mandate for Australian property
Australia,
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