Company News Summary | 10 Jun 2021
Click the print icon in your browser to print this report. Currency is in AUD unless otherwise specified
Centuria Capital Group Launches Single-Asset Unlisted Fund
10:21:00 | Associate analysts
Original annuncemenet:Centuria Launches its Largest Single-Asset Unlisted Fund
Centuria Capital Group acquired a 14-level, $224m office building in Footscray, Vic, for a new unlisted fixed-term, single-asset fund, Centuria Government Income Property Fund (CGIPF or Fund). CGIPF will seek to raise $133m. CGIPF forecasts a 5.25% starting yield. It will be held for an initial five-year term. CGIPF's capital raise is expected to open from 1 July 2021 and anticipated to close 28 July 2021.
|This report appeared on www.morningstar.com.au||2021 Morningstar Australasia Pty Limited|
© Copyright 2021 Morningstar Australasia Pty Ltd ABN: 95 090 665 544 ("Morningstar"), AFSL no 240892. (a subsidiary of Morningstar, Inc.). This information is to be used for personal, non-commercial purposes only. No reproduction is permitted without the prior written content of Morningstar. Some of the material provided is published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO").