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Centuria Capital Group announces The Zenith sale delivers strong performance fee for CNI

Centuria Capital Group (ASX: CNI or Centuria) is pleased to announce:

  • Divestment of 100% interest in The Zenith by Centuria Property Funds Limited in conjunction with a fund managed by BlackRock for $438.2 million
  • Asset completely repositioned through active management initiatives
                         - More than 40,000sqm of leasing (58 deals), WALE
                           extended by 72%
  • CNI performance fee in excess of $9 million generated

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