Centuria Office REIT (ASX:COF) is Australia’s largest ASX-listed pure-play office REIT and is included in the S&P/ASX 300 Index. COF owns a portfolio of 20 high quality office assets valued at approximately $1.4 billion, located across major Australian office markets.
Centuria Property Funds Limited (CPFL), a wholly-owned subsidiary of Centuria Capital Group (ASX:CNI), is the Responsible Entity for COF. CPFL, combined with Centuria Property Funds No. 2 Limited (CPF2L), the Responsible Entity for the ASX listed Centuria Industrial REIT (ASX:CIP), has approximately $4.8 billion of assets under management across 15 unlisted property funds, one open-ended diversified property fund and two listed REITs.
CNI is an ASX-listed specialist investment manager with $5.6 billion in total assets under management.
COF owns a portfolio of quality office estate assets, which are actively managed and aim to deliver stable and predictable rental income through strong portfolio occupancy of approximately 99% and a diversified lease expiry profile. There is also the potential for value uplift through diligent asset management and repositioning strategies. Distributions to Fund securityholders are paid quarterly.
All figures are current as at 31 December 2018