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ASX falls; Macquarie climbs 5pc

ASX falls; Macquarie climbs 5pc
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Centuria Delivers Double Growth During FY21

Centuria Delivers Double Growth During FY21
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Business Scoop » Centuria Delivers Double Growth During FY21

Business Scoop » Centuria Delivers Double Growth During FY21
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Business Scoop » Centuria Offers Kiwis Big Australian Property Investment Opportunity

Press Release – Bayleys New Zealand investors have an opportunity to diversify into the Australian commercial property market with a Centuria Capital Group unlisted single-asset fixed-term fund, secured by a NZ$240million office building in Melbourne, Victoria.

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Centuria Offers Kiwis Big Australian Property Investment Opportunity

Monday, 19 July 2021, 11:24 am New Zealand investors have an opportunity to diversify into the Australian commercial property market with a Centuria Capital Group unlisted single-asset fixed-term fund, secured by a NZ$240million office building in Melbourne, Victoria. The Centuria Government Income Property Fund (CGIPF) will acquire the fully leased 20,191sqm A-grade office building located in the inner Melbourne suburb of Footscray. It has an 11.8-year Weighted Average Lease Expiry (WALE) and 91% of the rental income is derived from the Victorian Government and state-owned entities. Mark Francis, CEO of Centuria NZ (formerly Augusta), said the offering is an example of how New Zealand

New zealandMark francisJason huljichAugusta industrial fund limitedCenturia capital groupCenturia government income property fundVictorian public serviceCenturia capital group jointAugusta industrial fundWeighted average lease expiryVictorian governmentNab avenueGreen starReal estateInvestment productsFinancial year