Centuria Industrial Reit | REIT Profile

Symbol: CIP
Exchange: ASX
Founded: 2002 (23 years)
HQ: Sydney, NSW, Australia
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Small-Cap
REIT Sector: Industrial

See CIP on Yahoo Finance

Centuria Industrial REIT (ASX: CIP) offers investors a chance to invest in industrial property via a listed property trust. CIP is Australia's largest ASX listed income focused industrial investment vehicle and is included in the S&P ASX300 index. CIP owns a portfolio of 39 high quality industrial assets with a value exceeding $1 billion, the properties are located in key metropolitan locations throughout Australia. The Fund owns a portfolio of quality industrial real estate assets delivering stable and predictable rental income with opportunities for value uplift through diligent asset management and repositioning strategies. The portfolio is well positioned to meet the Fund's objectives to provide investors predictability and stability of income, through strong portfolio occupancy and weighted average lease expiry profile. Distributions to Fund unitholders are paid quarterly. As at 31 December 2017