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Centuria Secures $216m Port Adelaide Estate at 70% Below Replacement Cost

2:11pm on Tuesday 5th of August, 2025 AEST Real Estate
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Centuria Secures $216m Port Adelaide Estate at 70% Below Replacement Cost

2:11pm on Tuesday 5th of August, 2025 AEST
Key Points
  • 32-hectare Port Adelaide estate acquired for $216 million
  • Purchase price approximately 70% below replacement cost
  • Largest single-asset unlisted industrial fund in Australia
  • 93% occupancy with 3.4-year weighted average lease expiry
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