CENTURIA 8 AUSTRALIA AVENUE FUND

Centuria 8 Australia Avenue Fund

Centuria 8 Australia Avenue Fund

Introduction

REITs (Real Estate Investment Trust) was formed in 1960 with the goal of large-scale investments in real estate were also accessible to small investors. The formula was chosen to match the investment in real estate investment products in any other industry, that is, through the purchase of securities. For this reason, although not required, most REITs are companies listed on stock exchange. REITs, which have provided a dynamic international real estate funds, provide direct exposure to the housing market, with a high degree of liquidity and transparency.

For experts Sofinloc Finantia Bank, within Europe the office market rent is possibly the most attractive, especially in cities like Paris and London .Several managers also are highlighting the potential of the Scandinavian countries, being among his favorites the office market in Oslo and industry in Sweden . Being able to invest internationally (excluding REITs Belgium and Hong Kong) generates many opportunities such as expanding the scope of identifying and capturing global real estate opportunities, diversification of risk through the proper choice of some markets correlated and the stabilization of the cycle having real estate investments in various stages of the cycle.

Centuria 8 Avenue Fund

This is a single-asset, fixed-term fund introduced by Centuria Property Funds, where they have specialized in since 1999. Overall at this point of time, the Centuria Property Funds manages 48 properties across 29 funds with a combined value of circa $960 million. Apart from that, Centuria Property Funds has managed 18 funds to completion, with a total value of $330 million and an average total return to Investors of over 18% per annum.

Investment structure

The Centuria 8 Avenue Fund is an Australian registered MIS (Managed Investment Scheme), which comes under the umbrella of Centuria Property Funds, that itself ensures the dependable management and running of this fund. The units issued in 2011 were priced at $1 per unit. However the entire investment structure can be depicted in the diagram below.

Management Analysis

The Management of Centuria Property funds is one of the best in the country in this respective field. The company has John E McBain as their Chief Executive Officer for the Centuria Capital Limited, Jason Huljich as their Chief Executive Officer for Centuria Property Funds, Roger W Dobson as their Independent Non Executive Chairman, Peter Done as their Independent Non Executive Director, Deepak Guptaas their Independent Non Executive Director, Matthew J Coy as their Chief Financial Officer and Additional Company Secretary, Terry Reid as their Company Secretary and General Manager, Julian Blackley as their Group Head, Peter McDonagh as their Head for Reverse Mortgages, Yujita Chaudhri as their Manager for Group Tax, and finally Anne Hamieh as their Manager for Marketing and Distribution.

Unlisted Property Funds

A Unlisted Property Fund is a mutual fund that invests primarily in real estate for rent. In contrast to the widespread current of thought, not its primary business is the sale of property and this point is what makes these funds have a high degree of ...