Centuria Industrial Reit traded at 3.17 this Thursday February 12th, decreasing 0.08 or 2.31 percent since the previous trading session. Looking back, over the last four weeks, Centuria Industrial Reit lost 4.96 percent. Over the last 12 months, its price rose by 9.90 percent. Looking ahead, we forecast Centuria Industrial Reit to be priced at 3.09 by the end of this quarter and at 2.90 in one year, according to Trading Economics global macro models projections and analysts expectations.
Centuria Industrial REIT is an Australia-based real estate investment trust. The principal activity of the Company is investment in industrial property within Australia. Its investment objectives is to build a portfolio of high quality Australian industrial assets to deliver income and capital growth to investors. It specializes in real estate sectors including industrial, agriculture, real estate finance, healthcare, decentralized office, large-format retail and daily-needs retail. Its portfolio includes about 89 fit-for-purpose industrial assets situated within infill locations and close to key infrastructure. Its investment properties portfolio includes 207-219 Browns Rd, Noble Park; 45 Fulton Dr, Derrimut; 324-332 Frankston-Dandenong Rd, Dandenong South; 82 Rodeo Drive, Gregory Hills; 37-51 Scrivener St, Warwick Farm; 346 Boundary Road, Derrimut; 31-35 Hallam South Road, Hallam; 149 Kerry Rd, Archerfield, and others. Its investment manager is Centuria Property Funds No. 2 Limited.