The ASX-listed Centuria Urban REIT is a registered managed investment scheme, (ARSN 106 453 196). The Centuria Urban REIT invests in urban office assets within Australia. The Fund’s portfolio comprises 3 office assets in Brisbane and Melbourne. These assets have been valued at $207.9 million (As at 30 June 16).
The Fund owns a portfolio of quality office real estate assets delivering stable and predictable rental income.
The portfolio is well positioned to meet the Fund’s objectives to provide investors predictability and stability of income, through strong portfolio occupancy and weighted average lease expiry profile. Distributions to Fund unitholders are paid quarterly.
As previously announced, Centuria Property Funds No. 2 Limited (CPF2L) as Responsible Entity of the Centuria Urban REIT (ASX:CUA) has entered into a scheme implementation agreement (SIA) with Centuria…