Centuria Property Funds Limited (CPFL), as Responsible Entity of Centuria Metropolitan REIT (ASX:CMA)
, has completed settlement of interests in four high quality office assets from a subsidiary of Hines Global REIT, Inc.
Australia’s largest metropolitan REIT, CMA’s portfolio now consists of 231 assets with a portfolio value around $1.5 billion .
These assets improve the REIT’s WALE to 4.2 years, and increase occupancy to approximately 99 per cent.
Centuria Metropolitan REIT (ASX:CMA)
, closed 0.85 per cent higher to $2.37 yesterday