Centuria Capital Group's latest move, into affordable housing, was covered by the Australian Financial Review as the Group announced its contribution of about $20 million of equity to a project for 192 social and affordable residences in NSW.
Jason Huljich, Centuria’s Head of Real Estate and Funds Management, commented: “We think it's something that could be quite a big part of the business”, adding "we can see a lot of scope for it going forward with what's needed in the country... We've got the end take-out in place before we enter into any transaction. The risk reward is quite attractive."
Read the full story: Fund manager Centuria steps into affordable housing development – Australian Financial Review
Centuria's move into social housing was also covered by The Australian, Money Management, Australian Property Journal, Finance News Network, Australian Property Institute, Aged Care Housing News, ACB News, and 亿忆网(Yeeyi) .