Australian property fund manager Centuria has announced plans to launch up to $1.5 billion in real estate investment trusts (REITs) as the commercial property market shows signs of recovery. The firm sees improving conditions and increasing investor confidence as key drivers for the move.
Centuria’s planned floats will focus on industrial, healthcare, and office assets, aiming to capitalize on stabilizing interest rates and a renewed appetite for listed property investments. The firm’s CEO highlighted that market conditions are becoming more favorable, with a shift in sentiment following a challenging period for the commercial real estate sector.
With property valuations stabilizing and institutional investors re-engaging with the sector, analysts predict that Centuria’s move could signal broader market optimism. The company remains confident that its REIT offerings will attract strong demand, further boosting activity in Australia’s commercial property market.
(By Ziqi Qin)
(Ref:https://www.afr.com/property/commercial/property-fund-manager-centuria-flags-1-5b-in-floats-as-upswing-begins-20250227-p5lfof)
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