Centuria Metropolitan REIT (CMA) consists of a portfolio of commercial and industrial assets with a combined independent valuation of $183 million. It has no development risk and a pure Australian property focus.
Its assets are geographically diversified across New South Wales (five properties), Queensland (two properties) and South Australia (one property), and has a long lease expiry profile, high occupancy and good quality tenants. Low initial gearing provides scope for future acquisitions.
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Its assets are geographically diversified across New South Wales (five properties), Queensland (two properties) and South Australia (one property), and has a long lease expiry profile, high occupancy and good quality tenants. Low initial gearing provides scope for future acquisitions.
http://ift.tt/1yYYRcT
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