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  5. Centuria 8 Central Avenue Fund No.2 - Managed fund profile

Centuria 8 Central Avenue Fund No.2 - Managed Fund

Fund Objective
The Fund aims to provide security of income via key long-term leases, low forecast capital expenditure requirements due to the age of the building and a strategic location in one of Sydney's key emerging precincts.
Fund Strategy
Centuria Property Funds as responsible entity for Centuria 8 Central Avenue Fund No.2 (Fund) is acquiring a 50% sub-leasehold interest in 8 Central Avenue, Australian Technology Park, Sydney NSW (Property). Located 2.5 kilometres south of Sydney's CBD, the Property was completed in 2010 and provides a long term Weighted Average Lease Expiry (WALE) of 11.0 years. The Property is 100% occupied with 55% of gross income secured to 2029 and beyond. Major tenants include Seven West Media Limited and the NSW State Government.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.09% -0.01% -15.75% -18.69% -9.14% -0.19% 11.2% -%
Growth return -% -% -% -% -% -% -% -%
Income return -% -% -% -% -% -% -% -%
Market index (S&P/ASX 200 A-REIT TR)
Total return 9.7% 16.75% 36.08% 36.58% 8.42% 11.44% -% 10.52%
As at 31 Jan 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Property
94.16%
Australian Equities
3.85%
International Equities
0.36%
Cash
1.62%
Fixed Interest
0.01%
Alternatives
0.01%

General Information

Fund Details
Type Description
Centuria 8 Central Avenue Fund No.2
Centuria Property Funds Limited
CNT0016AU
Unlisted and Direct Property
Not Rated
Investment Fund
1 Jul 2015
n/a
$1.5667 (as at 29 Feb 2024)
$1.5667 (as at 29 Feb 2024)
Open
Offer information
Type Description
Minimum initial investment $4,000.00

FAQs about the Centuria 8 Central Avenue Fund No.2

The objective of the Centuria 8 Central Avenue Fund No.2 managed fund is The Fund aims to provide security of income via key long-term leases, low forecast capital expenditure requirements due to the age of the building and a strategic location in one of Sydney's key emerging precincts.

The strategy of the Centuria 8 Central Avenue Fund No.2 managed fund is Centuria Property Funds as responsible entity for Centuria 8 Central Avenue Fund No.2 (Fund) is acquiring a 50% sub-leasehold interest in 8 Central Avenue, Australian Technology Park, Sydney NSW (Property). Located 2.5 kilometres south of Sydney's CBD, the Property was completed in 2010 and provides a long term Weighted Average Lease Expiry (WALE) of 11.0 years. The Property is 100% occupied with 55% of gross income secured to 2029 and beyond. Major tenants include Seven West Media Limited and the NSW State Government.

The APIR code of the Centuria 8 Central Avenue Fund No.2 managed fund is CNT0016AU.

Centuria 8 Central Avenue Fund No.2’s total return last month was 0.09%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Jan 2024.

Centuria 8 Central Avenue Fund No.2’s total return for the last three months was -0.01%. This was made up of a growth return of -% and an income return of -%%. These returns were calculated as at 31 Jan 2024.

Centuria 8 Central Avenue Fund No.2’s one-year total return is -18.69%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Jan 2024.

Centuria 8 Central Avenue Fund No.2’s one-year total return is -0.19%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Jan 2024.

The asset allocation of the Centuria 8 Central Avenue Fund No.2 managed fund is :

Property
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Centuria 8 Central Avenue Fund No.2 managed fund is Centuria Property Funds Limited.

The Centuria 8 Central Avenue Fund No.2 managed fund belongs to the Unlisted and Direct Property sector/asset class.

As at , the size of the Centuria 8 Central Avenue Fund No.2 managed fund was $ million.

The Centuria 8 Central Avenue Fund No.2 managed fund has an inception date of 1 Jul 2015.

The current entry price of the Centuria 8 Central Avenue Fund No.2 managed fund is $1.5667 per unit and the current exit price is $1.5667 per unit (as at 29 Feb 2024).

The current exit price of the Centuria 8 Central Avenue Fund No.2 managed fund is $1.5667 per unit and the current entry price is $1.5667 per unit (as at 29 Feb 2024).

The minimum initial investment amount for the Centuria 8 Central Avenue Fund No.2 managed fund is $4,000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.