Melbourne commercial real estate: Centuria Capital secures $500m institutional investment mandate
Centuria Capital has secured a $500 million institutional investment mandate on behalf of a US private investment firm.
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Centuria Capital has secured a $500 million institutional investment mandate on behalf of a US private investment firm.
The latest $600m investment from GIC takes its total commitment across three ESR logistics partnership funds to $1.8 billion.
Centuria looks to raise $110m from sale, buyers circle Blackstone assets We’re sorry, this service is currently unavailable. Please try again later. Dismiss Normal text size Advertisement Industrial property is in the spotlight as final bids are being reviewed for the $3.5 billion Blackstone Australian warehouse portfolio and a number of parties are in the mix for the sought-after assets. Blackstone has had the portfolio, known as the Milestone Logistics Group, on the market for some time, and parties, including Dexus and LOGOS, are said to be lining up offers. A Woolworths distribution cen...