Ann: $216m Port Adelaide industrial estate acquired for new fund, page-2

Centuria Port Adelaide Industrial Fund will provide an initial five-year term and is expected to be offered to retail, wholesale and institutional investors from September 2025, with a forecast distribution of 7.50% p.a. for FY26 and 8.50% p.a. in FY27, paid monthly. The Fund has a targeted equity raise of $116 million with investments starting from $50,000. Settlement of the property is anticipated in October 2025.

Nice, might need to get myself into that Fund. I really like these separate Single Asset vehicles they have been setting up recently. Well targeted to HNWs, SMSFs and broker groups who want something a bit more "unique" than the pooled funds.