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  5. Centuria 8 Central Avenue Fund - Managed fund profile

Centuria 8 Central Avenue Fund - Managed Fund (Closed)

Fund Objective
The Centuria 8 Central Avenue Fund aims to provide security of income via key long-term leases, minimal risk of capital expenditure due to the age of the building and a strategic location in one of Sydney's key emerging precincts.
Fund Strategy
Centuria is pleased to offer the opportunity to invest in 8 Central Avenue, Australian Technology Park, Sydney. Located 2.5 kilometres south of Sydney's CBD, the Property was completed in 2010 and provides a longterm Weighted Average Lease Expiry (WALE) of 12.67 years by income. 8 Central Avenue is 100% occupied with 56% of gross income secured to 2029 and beyond. Major tenants include Pacific Magazines and the Seven Network (both part of the ASX listed Seven West Media Limited) as well as 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 25.44% 27.98% 55.78% 77.46% 52.96% 44.85% 36.92% -%
Growth return -% -% -% -% -% -% -% -%
Income return -% -% -% -% -% -% -% -%
Market index (S&P/ASX 200 A-REIT TR)
Total return 4.47% 9.86% 16.7% 14.49% 20.15% 15.35% 12.27% 9%
As at 31 Oct 2019. 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 & Infrastructure
93.02%
Australian Equities
4.32%
International Equities
0.24%
Cash
2.41%
Fixed Interest
0.01%
Alternatives
0.01%

General Information

Fund Details
Type Description
Centuria 8 Central Avenue Fund
Closed
Centuria Property Funds Limited
CNT0013AU
Unlisted and Direct Property
Not Rated
Investment Fund
20 Dec 2013
n/a
$1.87 (as at 30 Jun 2019)
$1.87 (as at 30 Jun 2019)
Finalised
Offer information
Type Description
MER 1.26% (as at 30 Jun 2019)
Indirect Cost Ratio (ICR) 0% (as at 30 Jun 2019)
Performance fee (not included in ICR) Not Available
Minimum initial investment $9,500.00

FAQs about the Centuria 8 Central Avenue Fund

The objective of the Centuria 8 Central Avenue Fund managed fund is The Centuria 8 Central Avenue Fund aims to provide security of income via key long-term leases, minimal risk of capital expenditure 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 managed fund is Centuria is pleased to offer the opportunity to invest in 8 Central Avenue, Australian Technology Park, Sydney. Located 2.5 kilometres south of Sydney's CBD, the Property was completed in 2010 and provides a longterm Weighted Average Lease Expiry (WALE) of 12.67 years by income. 8 Central Avenue is 100% occupied with 56% of gross income secured to 2029 and beyond. Major tenants include Pacific Magazines and the Seven Network (both part of the ASX listed Seven West Media Limited) as well as the NSW State Government.

The APIR code of the Centuria 8 Central Avenue Fund managed fund is CNT0013AU.

Centuria 8 Central Avenue Fund’s total return last month was 25.44%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Oct 2019.

Centuria 8 Central Avenue Fund’s total return for the last three months was 27.98%. This was made up of a growth return of -% and an income return of -%%. These returns were calculated as at 31 Oct 2019.

Centuria 8 Central Avenue Fund’s one-year total return is 77.46%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Oct 2019.

Centuria 8 Central Avenue Fund’s one-year total return is 44.85%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Oct 2019.

The asset allocation of the Centuria 8 Central Avenue Fund managed fund is :

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

The Responsible Entity for the Centuria 8 Central Avenue Fund managed fund is Centuria Property Funds Limited.

The Centuria 8 Central Avenue Fund managed fund belongs to the Unlisted and Direct Property sector/asset class.

As at , the size of the Centuria 8 Central Avenue Fund managed fund was $ million.

The Centuria 8 Central Avenue Fund managed fund has an inception date of 20 Dec 2013.

The current entry price of the Centuria 8 Central Avenue Fund managed fund is $1.87 per unit and the current exit price is $1.87 per unit (as at 30 Jun 2019).

The current exit price of the Centuria 8 Central Avenue Fund managed fund is $1.87 per unit and the current entry price is $1.87 per unit (as at 30 Jun 2019).

The minimum initial investment amount for the Centuria 8 Central Avenue Fund managed fund is $9,500.

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.