COMMERCIAL PROPERTY INVESTMENTS
Centennial provides access to commercial property investments designed to deliver stable income and long-term capital growth.
Invest with a proven Australian investment manager.
Founded in 2011 in Sydney, Australia, Centennial is a leading property investment company with a strong track record in acquiring, managing, and delivering high-quality real estate outcomes.
As an experienced property investment manager, Centennial invests alongside its investors, providing access to commercial property investment opportunities typically reserved for large institutions. Our approach combines stable income, capital growth potential, and disciplined risk management across Australia’s major property markets.
Commercial property investments.
Centennial targets commercial real estate assets throughout Australia’s key growth regions, combining disciplined strategies with hands-on, in-house management to deliver long-term and sustainable returns.
Our portfolio spans across office, industrial & logistics, retail & convenience and mixed use assets.
Centennial has delivered ~20% EIRR across ~$2.1bn of realised assets, across core, core+, value-add and development.
INVESTING IN A COMMERCIAL PROPERTY FUND
Commercial property fund benefits.
Investing in a commercial property fund provides exposure to institutional-grade assets without the complexity of direct ownership. Through unlisted property funds, property trusts, and real estate investment funds, investors can access diversified commercial property portfolios.
Key benefits include:
- Commercial property offers mid-to-long-term investments with stable income
- Access to a range of property investment funds suited to different risk and return objectives
- Exposure via unlisted property funds, property trusts, and real estate investment trusts (REITs)
- Regular income distributions, often with tax-deferred components for Australian investors
- Portfolio diversification across property sectors and investment strategies
Centennial deploys capital across mispriced, mismanaged, or misunderstood commercial assets to deliver high-yield property investments with downside protection. Commercial property offers mid-to-long term investments and stable income.
WHY INVEST IN A PROPERTY TRUST?
Commercial property trust explained.
Some of the benefits of investing in a commercial property fund or property trust include:
Access to Premium Assets
Unlisted property funds pool capital from multiple investors, enabling access to high-value commercial real estate assets that are typically inaccessible to individual investors. This includes high-quality office, industrial property investments, and convenience retail assets.
Regular Income Distributions
Commercial property funds typically deliver consistent quarterly distributions, making them well suited to investors seeking reliable income from a high yield property investment.
Professional Property Funds Management
Centennial manages every stage of the investment lifecycle, including acquisition, due diligence, leasing, and asset management. This hands-on approach allows investors to benefit from expert oversight without the operational complexity of direct property ownership.
Portfolio Diversification
Unlisted property funds, provide investors exposure across office, industrial real estate investments, retail, and mixed-use assets – helping spread risk, while targeting stable income and capital growth.
Lower Volatility
Unlike listed securities or REITs traded on public markets, unlisted property funds are not subject to daily market pricing. This structure can result in lower short-term volatility and a more stable return profile across market cycles.
Tax Efficiency and SMSF Compatibility
Often property investment funds are structured to be tax efficient, often delivering tax-deferred income for Australian investors. These structures are particularly popular with Self-Managed Super Funds (SMSFs), allowing investors to grow wealth in a favourable tax environment.
OUR PURPOSE
Creating value through active management.
Centennial invests alongside its investors and applies a pragmatic, research-driven approach to every commercial property investment.
Our real estate investment strategies include:
- Property syndicates
- Real estate investments trusts (REITs)
- Property investment funds
Value is driven through:
Active Management
Improving tenant mix, increasing net operating income, and controlling operating expenses.
Redevelopment
Capital expenditure to reposition or expand underutilised assets.
Institutional Level Assets
Enhancing asset quality to maximise value on exit.
MANAGER TRACK RECORD
MANAGEMENT
IRR FOR SOLD PROPERTIES
ABOUT THE MANAGER
Why Centennial?
Centennial is a specialist real estate investment manager, delivering superior and sustainable outcomes for investors.
- Current portfolio of $2.8bn across office, industrial, retail, and mixed-use sectors
- We invest alongside our investors, with an average IRR of ~20% across realised assets
- Dedicated on-the-ground team actively managing assets to enhance tenant experience and long-term value
As a trusted property investment company in Australia, Centennial partners with investors seeking high yield opportunities supported by institutional-grade processes and expertise.
If you’re considering investing in a property investment fund, speak with your financial adviser or contact Centennial directly.
RECENT INVESTMENT OPPORTUNITY
Pirie Street Trust - Adelaide CBD
A commercial real estate investment opportunity cented on an A-Grade office asset in the heart of the Adelaide CBD.
The asset was acquired early in the cycle at a material discount to replacement cost, providing exposure to income and repositioning potential as demand for high-quality office accommodation improves.
- 11,329 sqm of A-Grade office space with high-quality existing fit-outs
- Acquisition price reflecting less than half of replacement cost and a discount to prior sale benchmarks
- Diversified tenant profile with strong retention history and staggered lease expiries
- Opportunity to reposition the asset to capture rental growth as tenant demand continues to shift toward quality
INVESTMENTS
Recent Opportunities
- Retail
North Lakes Retail Trust | Jan-2026
Overview
The Trust acquired a prime large format retail asset comprising 11,834 sqm of GLA and 411 at-grade car parks in one of Australia’s fastest-growing urban corridors. The property is underpinned by a diversified mix of 10 national tenants, including Anaconda, Chemist Warehouse, Nick Scali and EMF Performance Gym.
- Metro Industrial+Logistics
Kurnell Industrial Park Trust | Sep-2025
Overview
The Trust acquired a strategically located 10.9ha industrial landholding in a highly constrained market. The project will deliver an 8.1ha multi-lot industrial estate comprising 27 lots from 1,500 to 4,600 sqm, creating significant value through development and sell-down.
- Retail
Portside Wharf Trust | May-2024
Overview
The Trust acquired a landmark premium retail and dining precinct, strategically located in a high growth Brisbane suburb 7km from the CBD.
The asset comprised 13,1371 sqm of NLA and 398 car parks operated by Secure Parking.
Income is highly diversified via 68 tenancies across multiple tenancy types and strong anchors including IGA Supermarket and Dendy Cinemas.
- Commercial+
63 Pirie Street Trust | Jun-2025
Overview
The Trust acquired a prominent A-Grade office tower located in the centre of Adelaide CBD. Comprising 11,329 sqm of quality workspace, with 5-Star NABERS rating and significant embedded value in the existing high quality fitouts.
63 Pirie Street offers a high quality tenant profile with strong tenant retention history, diversity of tenant industry and staggered leasing profile and the opportunity to reposition the asset’s profile in the market. Located in the epicentre of Adelaide CBD, one of Australia’s strongest office markets backed by a high growth SA state of economy.
- 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
Should you be interested in investing or would like further information, please fill in your details and we will 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 webpage 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). This webpage is not an offering document, nor an offer for the issue, sale or purchase of any securities. You should carefully read the applicable webpage before deciding to invest in any financial product referred to in this webpage.
The webpage is general in nature and does not take into account your objectives, financial situation or needs, and you should seek your own professional advice before making any decision whether to invest in any financial product. To the maximum extent permitted by law, Centennial gives no representation or warranty regarding the accuracy, reliability or completeness of the information in this webpage and disclaims any liability in respect of the use by any person of the Information.