Centuria Property Funds No.2 Limited (CPF2L), as Responsible Entity of Centuria Industrial REIT (ASX: CIP) is pleased to provide CIP’s operating update for Q1 FY20.
KEY HIGHLIGHTS
• Terms agreed1 for leasing deals over 34,652sqm2 across eight transactions (4.0% of portfolio GLA)
• WALE at 4.2 years3, occupancy at 95.3%3
• Acquisition of $61.8 million of industrial assets
PROPERTY PORTFOLIO AND LEASING
Jesse Curtis, CIP Fund Manager commented, “CIP has achieved strong leasing outcomes across the portfolio with terms agreed1 across more than 34,600sqm further underpinning our active management of the portfolio’s occupancy and expiry profile.”
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