Access high-yield property investment returns and diversify your portfolio.
Our funds give you access to add commercial property to your investment mix. Featuring stable returns and the potential for capital growth.
Founded in 2011 in Sydney, Australia; Centennial has a strong track record of acquiring, managing and delivering high yield property investments. We invest in every deal and provide wholesale investors the ability to partner with us in these high quality opportunities.
TRACK RECORD
MANAGEMENT
IRR FOR SOLD PROPERTIES
*As at May 2025
OPEN FOR INVESTMENT
Pirie Street Trust
A high yielding A-Grade asset located in the heart of the Adelaide CBD.
63 Pirie Street offers a unique investment opportunity combining an A-grade asset bought on extremely attractive metrics in an early countercyclical market cycle, allowing for ~10% p.a. avg target distributions over the investment term.
- An A-Grade office with 11,329 sqm of quality workspace and significant embedded value in the existing high quality fitouts.
- Purchase price reflects less than half of replacement cost at $50.5m and a 16% discount to last contracted sale price in 2022.
- High quality tenant profile with high tenant retention history, strong diversity of tenant industry and staggered leasing profile.
- Significant opportunity to reposition the asset’s profile in the market and capture market rental growth as ‘flight to quality’ continues.
~10% p.a.
Target average distribution yield
~15% p.a.
Target IRR
5-7 years
Investment term
Getting started in commercial property investing.
Portfolio growth and regular income.
Commercial property offers mid-to-long term investments with stable income. You can gain access to quality properties by investing in an Unlisted Property Fund or Trust.
Commercial property comes with regular income – distributions typically come with tax advantages via tax deferred income for Australian investors – as well as the potential for capital growth.
Investing in commercial property can complement other asset classes in an investment portfolio. At Centennial we offer a range of investment options to a diverse range of investors.
If you’re interested in the benefits of investing in an unlisted property fund, talk to your financial advisor about Centennial or contact us directly.
WHY INVEST
Commercial property funds.
Some of the benefits to investing in a commercial property fund, in particular office, industrial, and convenience retail real estate assets.
Access to Premium Assets
Unlisted property funds pool capital from multiple investors, enabling access to high-value commercial properties that would otherwise be inaccessible for most individual investors.
Regular Income Distributions
Consistent income through quarterly distributions, making them attractive for investors seeking reliable cash flow.
Professional Management
Centennial handle all aspects of property acquisition, due diligence, leasing, and maintenance. This hands-off approach allows investors to benefit from expert oversight without the day-to-day responsibilities of property ownership.
Portfolio Diversification
Unlisted property funds typically have a low correlation to other asset classes and can enhance portfolio diversification.
Lower Volatility
Unlisted property funds are not traded on public markets, meaning they are less susceptible to daily market fluctuations
Tax Efficiency and SMSF Compatibility
Funds are often structured to be tax-efficient and popular among Self-Managed Super Funds (SMSFs), allowing investors to grow wealth within a favourable tax environment.
ABOUT THE MANAGER
Why Centennial?
Centennial is a specialist investment manager, delivering superior and sustainable real estate outcomes.
Centennial has a proven track record, with a current portfolio of $2.6bn across office, industrial, retail and mixed-use sectors.
We invest alongside our investors, with an average Internal Rate of Return (IRR) across sold assets of ~21%.
A demonstrated hands-on-approach with a dedicated on the ground team, to actively manage our assets, enhancing our tenant customer experience and adding long-term value for our investment partners.
*As at May 2025
WHAT OUR INVESTORS SAY
INVESTMENTS
Recent Opportunities
- Metro Industrial+Logistics
Cleveland Industrial Park Trust | Jul-2024
Overview
The Trust acquired a large industrial land holding of 23.2 ha of usable land, with substantial embedded rental reversion at a significant 55% discount to assessed replacement cost.
With a low 39% site cover, below market rents and 22% vacancy, there are multiple value enhancing strategies and exit pathways.
- Metro Industrial+Logistics
Warrego Industrial Park Trust | May-2024
Overview
The Trust acquired a large industrial land holding of 23.2 ha of usable land, with substantial embedded rental reversion at a significant 24.5% discount to the market value of the underlying land.
With limited land supply of large allotments, the site provides an opportunity to create an open air estate, whilst bringing the rents to market (54% below market at acquisition).
- Retail
Hinkler Central Trust | Nov-2023
Overview
Hinkler Central is a dominant sub-regional shopping centre, anchored by strong performing Coles, Woolworths & Kmart, who are all paying turnover rent.
Hinkler Central provides the opportunity to increase the largely defensive (non-discretionary) rents along with strategic value add opportunities.
Register your Interest
Thank you for your interest in Centennial. Fill in your details and we’ll get back to you shortly.
Please note that we are only able to accept investors who are ‘Wholesale Clients’ under the Corporations Act 2011 (Cth).
This part of
Centennial Property Group’s website has been prepared by Centennial Property
Group Pty Ltd (ABN 26 151 746 977) and Centennial Financial Services Pty Ltd
(ACN 162 617 843, AFSL 436802) (together Centennial). It does not take into
account your objectives, personal circumstances or needs. Nor is it an offer of
securities. The information memorandum
for the relevant financial product will contain full details of the terms and
conditions of investment and should be read in full, particularly the risk
section, prior to lodging any application. All investments involve risk and can
lead to loss of your capital or diminished returns. Centennial is only licensed
to provide general financial product advice about its products and recommends
that after you receive the information memorandum for this financial product,
you seek advice on the suitability of the investment outlined in this document
to your objectives, financial situation and needs from your professional
advisers.
