Centuria secures $500m from US for logistics investment
Centuria Capital Group has secured a $500 million investment mandate from an unnamed US private investment firm. The Last Mile Logistics Partnership will focus on acquiring assets within supply-constrained industrial markets in Australia. The mandate has been seeded with a $76 million three-asset portfolio in Melbourne. This comes on the heels of Centennial securing $700 million from Canada's Brookfield to close a last mile logistics asset fund. Centuria's industrial platform consists of around 160 properties worth $6 billion across Australia and New Zealand.
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Frequently Asked Questions
Q: What is the investment amount secured by Centuria?
A: Centuria has secured $500m from the US for logistics investment. [Source]
Q: What is Centuria's business focus?
A: Centuria's business focus is on logistics investment. [Source]
Q: Where did Centuria secure the investment from?
A: Centuria secured the investment of $500m from the US. [Source]
Q: What is the purpose of the investment secured by Centuria?
A: The purpose of the investment secured by Centuria is for logistics investment. [Source]