Centuria Delivers Double Growth During FY21 scoop.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scoop.co.nz Daily Mail and Mail on Sunday newspapers.
Business Scoop » Centuria Delivers Double Growth During FY21 scoop.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scoop.co.nz Daily Mail and Mail on Sunday newspapers.
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.
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
auckland.scoop.co.nz » Centuria Offers Kiwis Big Australian Property Investment Opportunity scoop.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scoop.co.nz Daily Mail and Mail on Sunday newspapers.