Centuria Capital: Secures $202m acquisition

Centuria Capital Secures $202m acquisition

• Centuria Capital Group (CNI) acquires a $202 million daily needs retail asset
• The asset was secured on behalf of an existing international sovereign wealth fund’s international mandate, which will also see Centuria co-investing alongside it
• The acquisition makes up part of Sekisui House’s $1.1 billion mixed-use development, West Village, located in Brisbane
• The assets are due to be settled by early 2023
• CenturiaCapital Group was down 4.5 per cent, trading at $2.76 at the end of the trading day