Centuria Capital

What Centuria Capital does

Centuria Capital Group (ASX:CNI) is an Australian specialist real estate funds management and investment company founded in 1998 and headquartered in North Sydney, with offices in Melbourne, Perth, Brisbane, and New Zealand. The group operates a multi-platform architecture spanning two ASX-listed REITs (Centuria Industrial REIT, ASX:CIP, and Centuria Office REIT, ASX:COF), open-ended and closed-end unlisted property funds (Diversified, Healthcare, Agriculture, Sydney CBD Prime Office, Chadstone), real estate debt products (Centuria Bass Credit with first mortgage and credit funds), and APRA-regulated investment bonds (LifeGoals). The company also holds a 50% stake in ResetData, a GPU-as-a-Service data centre platform built in partnership with NVIDIA and Dell, and is developing a 40MW data centre at Telstra Clayton. Centuria manages A$21.8 billion in assets across more than 400 commercial properties in Australia and New Zealand, supported by approximately 600 employees and in-house property development, asset management, and leasing teams. Revenue is generated primarily through recurring fund management fees on AUM, real estate debt spread income, and investment bond platform and advice fees, distributed via financial adviser networks, direct investor engagement, and ASX-listed securities across retail, wholesale, and institutional segments. Customers are served through multiple channels, including adviser-distributed unlisted funds (with A$10,000 minimums for retail and A$50,000-A$100,000 for wholesale), three liquid ASX-listed securities, institutional debt fund mandates, and direct retail investment bond sales. Recent strategic activity includes the Primewest Group merger (2021), the ResetData 50% stake (2024), the Arrow Funds Management acquisition (2025), full ownership of Centuria Bass Credit (2026), and an A$300M equity raise in June 2026 to scale the ResetData AI factory pipeline.

Name

Centuria Capital

Legal name

Centuria Capital Limited

Website

https://centuria.com.au

Company type

Public

Founded year

1998

Operating status

Operating

Headcount range

251–500 employees

Short description

Centuria Capital Group is an ASX-listed Australian specialist real estate funds manager with A$21.8 billion AUM across 400+ commercial properties, offering listed REITs, unlisted property funds, real estate debt, and investment bonds to retail, wholesale, and institutional investors across Australia and New Zealand.

Ownership category

akta.pro rank

Product category

Real Estate Funds Management and Investment

NAICS

Other Financial Vehicles (525990), Other Financial Vehicles (52599), Funds, Trusts, and Other Financial Vehicles (525), Portfolio Management and Investment Advice (523940)

SIC

Real Estate Investment Trusts (6798), Real Estate Agents & Managers (For Others) (6531), Investors, Nec (6799), Lessors Of Real Property, Nec (6519)

akta.pro primary industry

Core Real Estate (Stabilized/Core-Plus) (FSAAAKAA)

akta.pro secondary industries

Real Estate Portfolio & Fund Management (Institutional/REIT/PE) (BPAJAMAJ), Commercial Real Estate Asset Management (BPAJAMAB), Real Estate Private Credit (CRE Debt) (FSANADAG), Private Client Custody & Brokerage (Execution, Reporting, Safekeeping) (FSAAABAN)

Keywords

• Real estate funds management
• Listed property trusts
• Unlisted property funds
• Real estate debt finance
• Investment bonds

Headquarters

HQ city

North Sydney

HQ country

Australia

HQ region

Oceania

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Fund Management Fees: Centuria earns recurring management fees (typically basis points on AUM) from its suite of unlisted property funds, listed REITs, and real estate debt funds. Performance fees may also be charged on certain funds upon achieving specified return hurdles.
2. Real Estate Finance / Debt Spread Income: Income generated from the spread between borrowing costs and lending rates on real estate debt instruments, including the Centuria Bass warehouse facility and other debt fund structures.
3. Investment Bond / Financial Services Revenue: Revenue from Centuria Life investment bonds, including platform fees, financial planning advice fees, and insurance commission income derived from bondholders.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Centuria Capital Group is an Australasian specialist funds manager that creates and manages commercial property investment products, including ASX-listed REITs (Centuria Industrial REIT and Centuria Office REIT), unlisted property funds (Diversified, Healthcare, Agriculture, Sydney CBD Prime Office, Chadstone Homemaker Centre), real estate debt funds (Centuria Bass Credit), and tax-effective investment bonds (LifeGoals). It also holds a 50% stake in ResetData, providing GPU-as-a-Service AI infrastructure, and provides integrated property management, asset management, leasing, and property development services across a 400+ property portfolio valued at A$21.8 billion AUM.

Product overview

Centuria Capital Group operates a multi-platform funds management architecture spanning listed REITs (Centuria Industrial REIT and Centuria Office REIT), unlisted property funds (Diversified Property Fund, Healthcare Property Fund, Agriculture Fund, Sydney CBD Prime Office Fund, Chadstone Homemaker Centre Fund), real estate debt products (Centuria Bass Credit with its Credit Fund and First Mortgage Funds), and investment bonds (LifeGoals Investment Bond and Education Bond). The company also holds a 50% stake in ResetData for AI infrastructure through GPU-as-a-Service. The platform is anchored by two S&P/ASX listed REITs, three open-ended unlisted funds with $10,000 minimums, closed-ended wholesale funds, and an APRA-regulated life insurance bond business. All capabilities are supported by in-house property development, asset management, and leasing teams.

Differentiator

Problem solved

Functional benefit

Brands

• LifeGoals: Investment bond product operated by Centuria Life Limited, offering access to numerous separate investment options across major asset classes with managed funds and ETFs.
• ResetData
• Centuria Bass Credit
• Centuria Office REIT
• Centuria Industrial REIT
• Centuria Agriculture Fund
• Centuria Healthcare Property Fund
• Centuria Diversified Property Fund
• Centuria Bass First Mortgage Funds
• Centuria Bass Credit Fund

Products and services

• Centuria Industrial REIT (ASX:CIP)

Quantifiable outcome

• 87% of employees would recommend Centuria Capital as a workplace
• +2 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature2 records

Partnerships

Two partnerships are on record, tiered core.

• ResetDatacoreTechnology or Integration · 1 January 2024Centuria Capital acquired a 50% stake in ResetData in 2024 to expand into data centre infrastructure. ResetData provides GPU-as-a-service capabilities for AI and high-performance computing workloads, powered by NVIDIA technology. This partnership extends Centuria's real estate platform into the growing AI infrastructure sector.
• Primewest GroupcoreStrategic or Co-development PartnerCenturia Capital completed a merger with Primewest Group, integrating Primewest's property investment management capabilities and investor base into the Centuria platform, expanding its unlisted fund offerings and operational scale.

Scale indicators6 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• Stockland: Large ASX-listed diversified REIT with AU residential and commercial property — broader, more retail/residential-tilted incumbent comparable to Centuria on the diversified property side.
• Lendlease Group: ASX-listed global real estate and funds manager with investment management plus development — comparable to Centuria's funds management and integrated property platform, though larger and more global.
• Insignia Financial (formerly IOOF): ASX-listed wealth/advice platform with investment bonds and managed funds — comparable to Centuria Life's LifeGoals bond and broader wealth distribution in AU.

Direct peers

• Goodman Group: ASX-listed industrial REIT and funds manager — Centuria Industrial REIT (CIP) is directly comparable to Goodman's industrial assets, both targeting AU/Asia logistics and now data centre exposure.
• GPT Group: ASX-listed diversified REIT and funds manager covering retail, office, logistics, and partnerships funds — comparable to Centuria's multi-sector listed-and-unlisted model.
• Dexus: ASX-listed office and diversified REIT manager with a sizeable AU office portfolio — directly comparable to Centuria Office REIT (COF) on listed-office exposure and adjacent unlisted funds management.
• Mirvac Group: ASX-listed Australian diversified REIT with active funds management and development pipeline — overlaps with Centuria's listed and unlisted property platforms and integrated property development capability.
• Charter Hall Group: ASX-listed Australian funds manager operating listed REITs (CHL, CQR, CLW) plus unlisted property funds and a real estate debt platform. Closest direct competitor to Centuria across listed, unlisted, and debt channels.
• Qualitas Control / Qualitas Securities: ASX-listed real-estate private credit and investment manager — directly comparable to Centuria Bass Credit and the first-mortgage/debt fund product set.

Emerging players

• NextDC: ASX-listed data centre operator — comparable to ResetData within Centuria's portfolio, providing a listed-market valuation reference for the AI infrastructure / GPUaaS exposure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/CenturiaCapital

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries16 records

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Centuria Capital