Centuria Capital Is, Reassuringly, Still Attracting Assets Despite Commercial Property Ructions
Centuria Capital Group’s vision is to be a leading Australasian fund manager, an appropriate goal given the expertise in the business. Growth areas include alternative sectors such as agriculture, healthcare, and real estate credit, versus its history in core property sectors such as office and industrial. Even in its core property investments, Centuria has focused on smaller properties, or those outside the Sydney and Melbourne CBDs. Centuria Office REIT, one of its largest investment vehicles, holds much more suburban office, compared with office heavyweights Dexus, GPT, and Charter Hall which focus on CBDs. Centuria’s focus outside CBDs should be an advantage as the group diversifies into alternative property sectors, as the business should be well versed in evaluating the more esoteric risk and return profiles of assets in healthcare, agriculture, and other varying sectors.