Centuria Industrial REIT
AASX:CIP2.78
AUD
+0.02
(+0.72%)
Centuria Industrial REIT
ASX:CIP
(Australian Securities Exchange)
Recent
price
2.78
P/E
ratio
11.89
div
yld
6.01%
ROIC.AI
Capital Structure
AUD
•
in mil. unless spec.Working Capital
AUD
•
in mil. unless spec.Growth Rates
AUD
•
in mil. unless spec.Semi-annual Revenue
AUD
•
in mil. unless spec.Semi-annual Earnings Per Share
AUD
•
in mil. unless spec.Semi-annual Dividends Per Share
AUD
•
in mil. unless spec.- Similar Companies
- Business
- Centuria Industrial REIT Centuria Industrial REIT (ASX:CIP) serves as Australia's largest domestic pure-play industrial real estate investment trust, focusing on ownership and management of high-quality industrial properties including distribution centers, manufacturing facilities, warehouses, transport logistics hubs, cold storage facilities, and data centers; the portfolio comprises approximately 87 to 89 fit-for-purpose assets valued at around AUD 3.89 billion, with 85% situated in strategic urban infill locations across major markets such as Sydney, Melbourne, Brisbane, Perth, and Adelaide, providing last-mile fulfillment access to densely populated areas and key infrastructure. The REIT targets institutional and retail investors seeking income and capital growth through exposure to industrial sub-sectors driven by e-commerce demand, supply chain resilience, and data consumption trends; properties feature strong tenant covenants, with 92% of income from listed national and multinational occupiers, a 95.1% occupancy rate, and a weighted average lease expiry of 7.1 years. Externally managed by Centuria Property Funds No. 2 Limited, a wholly-owned subsidiary of Centuria Capital Group Centuria Capital Group (ASX:CNI), the REIT operates exclusively within Australia and maintains inclusion in the S&P/ASX 200 Index. Founded through the restructuring of the 360 Capital Industrial Fund in 2017 and listed on the ASX since December 13, 2012, Centuria Industrial REIT is headquartered in Sydney, New South Wales. In recent developments, the REIT secures strategic acquisitions such as six urban infill industrial assets for AUD 132 million and a joint AUD 201 million investment with BGO in three Western Sydney warehouses in 2025, alongside a second data center purchase in Perth expanding its data center sub-portfolio to AUD 456 million or 12% of total assets; it also executes divestments including four properties sold for AUD 140 million at a 12% premium to book value, a Bundamba asset at 10% above book value, and announces a AUD 60 million on-market buy-back program to optimize capital structure amid trading discounts. Further enhancements include a 10-year lease with Tesla at Derrimut achieving 133% re-leasing spread, development commencements at Direk SA facilities totaling over 27,700 sqm for Q1-Q3 FY26 completion, exploration of a second data center adjacent to Telstra in Clayton Victoria, issuance of exchangeable notes, and sustained positive re-leasing spreads capitalizing on east coast supply-demand imbalances.