Centuria Industrial REIT (CIP.AX)
Centuria Industrial REIT operates in the REIT - Industrial industry of the Real Estate sector, headquartered in Sydney, NSW, AU. The stock last traded at $3.06, down 0.81% on the session, giving a market capitalisation of $1.91B. Its beta of 0.96 implies it has historically moved less than the broad market.
Centuria Industrial REIT (CIP) stands as Australia's foremost pure-play industrial real estate investment trust, holding a distinguished position within the S&P/ASX 200 Index. Its portfolio comprises premium industrial properties strategically situated across key metropolitan areas throughout Australia, underpinned by a broad and reputable tenant roster. Operated by an engaged and proactive management team, CIP offers investors both a consistent income stream and potential for capital appreciation through its high-caliber Australian industrial assets. Centuria Property Funds No. 2 Limited (CPF2L) acts as the designated Responsible Entity for the ASX-listed CIP. CPF2L operates as a wholly-owned subsidiary of Centuria Capital Group (CNI). CNI itself is an ASX-listed specialist investment manager, overseeing a substantial $10.2 billion in total assets across a robust suite of offerings, including listed real estate investment trusts, unlisted real estate funds, and investment bonds.
Centuria Industrial REIT is most often compared with the following Real Estate names: