In 2011, Jonathan Wolf and Lyle Hammerschlag identified a gap in the commercial property market where assets above $20m were often out of reach for individual or family office investors, yet the size and active management required to gain full value made them unattractive to larger fund managers. This opportunity for a team of innovative, value-add specialists became the foundation of Centennial.
As the market evolved, so did we. Through our deep property network, we saw opportunities to apply our model to other sectors of the Australian property market. So, in 2018 we formed a partnership with one of the countries leading industrial and logistics specialists Paul Ford, who has built out a specialised team of industrial and logistics experts covering transactions, leasing, asset management and development.
In 2021 we were pleased to appoint Adrian Taylor as Managing Director and Group CEO. Adrian was previously the Office CEO at Charter Hall, leading 120 office professionals across Australia’s largest office investment platform. Our team has grown, but we have stayed true to our original family office culture. We still believe that mispriced and misunderstood assets offer the best opportunity to unlock hidden value whilst demonstrating strong alignment with our capital partners as our principals co-investing our deals.
We now have team members based in Sydney, Melbourne, Brisbane and Adelaide focussing on several sectors of the Australian property market. Opportunities within each sector can be structured as syndicates, funds, partnerships, developments, joint ventures, lending or bespoke mandates.
… is everything. We’re playing a long game.
Institutional quality service – keeping it real.
Delivering flexible and smart solutions.
Moving forward, together.
Adrian is Centennial’s Managing Director and Group CEO, and is responsible for developing the Group’s strategy and leading its execution. Since joining Centennial in 2021, Adrian has brought customers and partners the value of his deep institutional expertise in an agile and private environment. Adrian has capital transaction and capital management experience, including debt and equity raising and extensive joint venture experience in Australia and the US. He is accustomed to building high-performing teams that deliver exceptional results for investment clients, supported by rigorous ESG practices.
Prior to joining Centennial, Adrian spent 10 years at Charter Hall, most recently as the Office CEO, leading investment management and all asset-facing teams across a A$20B office platform and A$4.5B development pipeline. He also spent 15 years at Macquarie Bank, including roles as CIO and CEO of the ASX-listed Macquarie Office Trust (later Charter Hall Office REIT), prior to its privatisation.
Adrian holds a Bachelor of Business from Monash University, and qualified as a Certified Practicing Accountant, a Fellow of the Financial Services Institute of Australasia, and a Fellow of the Royal Institute of Chartered Surveyors. He has served on various Property Council of Australia sub-committees including as a Division Councillor of the Capital Markets Division Council.
Jonathan is the co-founding Executive Director of Centennial and has driven significant growth since establishing the Group in 2011, overseeing more than $1.94bn in real estate transactions.
As Executive Director and CIO Jon is a member of the credit and investment committees and leads the Capital Transaction and Property Lending teams with a strong focus on generation and execution of new transactions, along with deal structuring and client relationship management.
Prior to forming Centennial, Jonathan was an Associate Director at Ernst & Young acting as corporate adviser to banks and financial institutions in the UK and Europe and has been involved in the review of property assets for Lloyds Bank, ING and Ping An Insurance.
Lyle is Centennial’s Direct Property CEO, where he oversees more than $900M of assets on behalf of self-managed super funds, high net worth individuals and direct investors. In addition, he manages a team of property and funds management professionals who are responsible for more than 38 unlisted property funds.
In his role, Lyle manages the financial structure of the funds, oversees asset management and tenancy matters, communicates with stakeholders and raises new equity capital.
A founding partner of Centennial, Lyle is also an integral member of the credit and investment committees. Prior to establishing Centennial, Lyle held roles with Charter Hall and Stockland that spanned real estate, finance, transactions, research and analytics.
Paul is the CEO of Centennial’s Industrial & Logistics division where he leads the Industrial & Logistics team, in addition to leading the Group marketing function and broader group Development team.
Paul has built and oversees Centennial’s national Industrial & Logistics platform, and is responsible for raising capital and all aspects of the operation of the funds management platform.
Paul’s experience in this sector has spanned more than 20 years. His most recent tenure prior to joining Centennial was with Charter Hall, where as Industrial CEO he ran and grew the national industrial and logistics portfolio to Australia’s second largest (>$5.5b FUM) from inception.
A founding partner of Centennial Industrial & Logistics, Paul is also a Centennial Property Group board and investment committee member.
Theone is Centennial’s Director of Private Wealth, leading capital raising and investor relations activities including investor communications and strategic development and marketing of investment products to our Private Client, Advisory and Family Office clients
Joining Centennial in 2019, Theone has over 20 years’ experience in investment banking, asset management and property, most recently with Australian Unity where she was active in building assets under management to over $5.5b. Prior to this, she held roles with BT and CBA in structured products and real estate.
As Centennial’s Head of Institutional Funds, Alex is responsible for the operations and performance of unlisted property funds managed on behalf of institutional and global investors across all sectors.
Alex joined Centennial in 2020, and has over 15 years’ experience in real estate investment and capital advisory across multiple sectors. Most recently, Alex was a Partner at real estate advisory firm, CapStra, where he led client engagements relating to transaction advisory and capital solutions including acquisition and divestment, capital raising and structuring. Prior to this, Alex held various structure finance and funds management roles.
David is responsible for overseeing Centennial’s property development pipeline including the project planning and delivery across all real estate asset sectors exceeding $1 billion in end value.
David has over 25 years’ experience across the property and construction industry working for corporate, not-for-profit and start-ups in property development, project management and construction. His roles have included land acquisition, town planning, detailed feasibility analysis, lease negotiations and asset repositioning, offering a depth of knowledge and understanding in all aspects of property development, project management and investment management.
Our corporate governance framework reinforces our integrity standards, allowing us to continually meet both our statutory obligations and the best interests of our stakeholders.
Our management team has deep experience in corporate real estate development, investment and lending, led by a Board that is heavily aligned to our investors through material co-investment stakes in our funds. The Board oversees and evaluates the management team to ensure delivery on strategies and objectives. We’re proud of our culture of ethical and responsible corporate actions, and fair, responsible remuneration for all.
We don’t seek to avoid risk but rather aim to be the best risk managers we can be. Our risk management frameworks are designed to identify risks, assess risks, evaluate risks, respond to risk and then report and monitor against strategies to mitigate them in an integrated feedback loop.
Ivan has extensive experience in property, retail and investment in both listed and unlisted companies in Australia and South Africa. Ivan holds a Bachelor of Commerce and Certificate in Theory of Accountancy from University of Cape Town, South Africa.
Ivan was a Founder and Chairman of ASX-listed RCG Corporation Limited (now called Accent Group Limited), growing the company’s market capitalization from $12 million to $800 million. Previously, he was a shareholder and Managing Director of Freedom Furniture, prior to its listing on the ASX. Ivan is currently the Chairman of ASX-listed Happy Valley Nutrition and a founding shareholder and Chairman of Centennial Property Group.
Alex has deep investment experience across a range of asset classes and sectors including direct property, equities and property development. In 1991, Alex founded the Thorney Investment Group as a private investment company for the Pratt Family. Since then the Thorney portfolio has grown to over $1b of diversified investments.
Lance is the Founder and Managing Director of Sydney-based investment bank and broker dealer Gleneagle Securities, which has 9 offices In Australia and Offshore.
He was a founding member of the Asia Pacific managed funds association, is qualified as a Chartered Accountant, with a Bachelor of Commerce, majoring in Accounting, Finance & Information Systems from both the University of Cape Town and the University of NSW.
Gleneagle is a cornerstone investor in Centennial Property Group as well as a number of other Fund Managers and Private equity platforms.
Jonathan has had extensive experience as corporate adviser to banks and financial institutions in the UK and Europe. Prior to establishing Centennial, Jonathan was with Ernst & Young for 9 years in Australia and Europe, including as an Associate Director in the principal investments and transaction advisory team. He has been involved in the review of property assets for Lloyds Bank, ING and Fortis, in addition to advising corporate clients on property acquisitions and market listings.
Paul has over 20 years’ experience in this sector with $5b in capital transactions and $3b in equity raising. Prior to launching the industrial and logistics arm of Centennial in 2018, Paul was at Charter Hall where he oversaw the growth of the national industrial and logistics portfolio from inception into Australia’s second largest (>$5.5b FUM).
Adrian has extensive capital transaction and capital management experience including debt and equity raising and deep joint venture experience in Australia and the US.
Prior to joining Centennial as CEO, Adrian spent 10 years at Charter Hall, most recently as the Office CEO. He also spent 15 years at Macquarie Bank, including roles as CIO and CEO of the ASX-listed Macquarie Office Trust (later Charter Hall Office REIT) prior to its privatisation.