ASX-lised Centuria buys $89m Adelaide property to launch new unlisted fund in Aug

ASX-lised Centuria buys $89m Adelaide property to launch new unlisted fund in Aug

55 Currie Street, Adelaide, Australia. Source: ARA Trust Management (Suntec) Limited

Australia-listed real estate fund manager Centuria Capital has acquired an Adelaide office building for $89.4 million (A$ 127 million), generating a new fund for Centuria’s unlisted division.