Centuria BUYS OUT PERFECTION TWO WELLS FARM , BIG BUCKS OMG

ON THE ANNOUNCEMENT TODAY BLEW MO OUT OF THE WATER, WOW MILLIONS....


Centuria Capital Group (CNI)
Centuria secures Australia’s largest hydroponic glasshouse
• Off-market $168m acquisition secured from Fresh Country Farms of Australia
• Expands Centuria’s agriculture AUM to $820m, a 25% increase since 30 June 2025
• South Australia glasshouse facility operated by Perfection Fresh, 17.4-year lease1
SYDNEY (Tuesday, 25 November 2025) – Centuria Capital Group (ASX: CNI or Centuria) has secured Australia’s
largest hydroponic glasshouse in a $168 million off-market transaction, which grows Centuria’s agriculture AUM to
$820million, a 25% since FY26 commencement.
The acquisition was secured by the unlisted Centuria Agriculture Fund (CAF) from Fresh Country Farms of
Australia. Perfection Fresh operates the facility in Two Wells, South Australia, secured by a 17.4-year triple
net lease1.
The 166-hectare site comprises five glasshouses across 43 hectares, storage dams, an evaporation dam,
packing shed, fertigation and boiler room and other amenities. It has extensive irrigation infrastructure and an
onsite electrical generating plant equipment that supports year-round production of snacking tomatoes, baby
cucumbers and other snacking vegetable varieties each year.
Jason Huljich, Centuria Joint Chief Executive Officer, said, “We have grown Centuria’s Agriculture AUM and
capabilities as part of a deliberate strategy to seed alternative real estate asset classes that appeal to our
investors, are well supported by attractive themes, and provide a long runway for further growth.
“The Two Well’s asset is Australia’s largest hydroponic glasshouse facility and the largest in the Southern
Hemisphere. It’s a pleasure to welcome Perfection Fresh to the Centuria fold. It is one of the country’s
leading, premium-quality fresh produce suppliers.”
Following settlement, CAF’s portfolio increases to $0.6 billion across six assets providing a 16.2-year WALE
and 100% occupancy2. The acquisition increases the Group’s agricultural portfolio to more than 150 hectares
of glasshouse assets and over 160 hectares of protected cropping agriculture.
In the 12 months to 30 September 2025, CAF delivered an 11.4% total net return. Since inception (20 July
2022), CAF has delivered a total net return of 5.95%pa3.The Fund provides a 6.25 cents per unit annualised4
distribution paid monthly5, daily unit pricing and quarterly limited withdrawals6. It has a minimum entry
investment of $10,000.