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Centuria Delivers Double Growth During FY21
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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.
Expansion is just the ticket for Centuria
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Assets under management at Centuria Capital have surged past $10 billion as the investment platform completed a record amount of acquisitions in the 2021 first half, paving the way for upgraded distribution guidance.
Led jointly by John McBain and Jason Huljich, Centuria, which runs a series of listed and unlisted funds, raised the direct property acquisition tally to its highest yet over a period, at $1.5 billion.
Those efforts helped expand assets under management by 16 per cent in the first half. The platform’s aim is increase that pool by another 50 per cent in the near term, Mr McBain said.