Centuria Zenith - Managed Fund (Closed)

The objective of the Centuria Zenith managed fund is Centuria Property Funds (Centuria) as responsible entity for the Centuria Zenith Fund (Fund) is acquiring a 50% freehold interest in The Zenith, 821 Pacific Highway, Chatswood, Sydney NSW. The financial year ending 30 June 2017 is expected to deliver a strong distribution yield of 7.60%, growing to 7.70% in the financial year ending 30 June 2018, that will be 70% and 100% tax deferred respectively (Australian tax residents only).

The strategy of the Centuria Zenith managed fund is The Property is strategically located in the geographic heart of Sydney's North Shore office market, just 12km north of the Sydney CBD. This A-Grade building has a total Net Lettable Area (NLA) of 44,271sqm across twin 21 level towers, and has one of the largest commercial carparks on the North Shore with a total of 799 spaces. With 41 individual tenants, the Property boasts an enviable diversified tenant mix, with AAA rated state and federal government tenants making up 40% of the Property's net income.

The APIR code of the Centuria Zenith managed fund is CNT0030AU.

Centuria Zenith’s total return last month was -0.1%. This was made up of a growth return of 0% and an income return of -0.1%. These returns were calculated as at 31 Jul 2019.

Centuria Zenith’s total return for the last three months was 3.01%. This was made up of a growth return of -% and an income return of -%%. These returns were calculated as at 31 Jul 2019.

Centuria Zenith’s one-year total return is 45.24%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Jul 2019.

Centuria Zenith’s one-year total return is 31.01%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Jul 2019.

The asset allocation of the Centuria Zenith managed fund is :

The Responsible Entity for the Centuria Zenith managed fund is Centuria Property Funds Limited.

The Centuria Zenith managed fund belongs to the Unlisted and Direct Property sector/asset class.

As at , the size of the Centuria Zenith managed fund was $ million.

The Centuria Zenith managed fund has an inception date of 29 Jul 2016.

The current entry price of the Centuria Zenith managed fund is $1.2 per unit and the current exit price is $1.2 per unit (as at 30 Jun 2019).

The current exit price of the Centuria Zenith managed fund is $1.2 per unit and the current entry price is $1.2 per unit (as at 30 Jun 2019).

The minimum initial investment amount for the Centuria Zenith managed fund is $5,950.