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Company News Summary

Centuria Industrial REIT Provides Market Update Presentation

13 Oct 2021  |  10:00:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Market Update

Centuria Industrial REIT reported $456m of high-quality industrial acquisitions FY 2022 YTD. No single tenant exposure greater than 2.5% of portfolio income over the next 3 years. 87% of Company active portfolio with exposure to east coast markets with average vacancy of less than 2%. NSW e-commerce penetration rate is currently 14% and expected to reach 20% by 2025. Undeveloped and serviced land supply predominantly located in outer western urban fringe of Sydney.

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