Centennial

It’s the people that make our business and we are fortunate to have an elite group of professionals who are aligned with our business values.   It’s been a great year for Centennial, thanks to our very capable and growing team of 45 people who work hard every day to source opportunities, manage, add value, develop and report on our portfolio. Without our team we simply couldn’t deliver our investment outcomes.   We wish you a joyful holiday season 🎄🌟 #centennial

Where possible, we are attracted to developing on brownfield sites that allows us to regenerate existing land and retain and repurpose existing assets. This approach enables the reuse of materials and a reduction of waste to landfill - creating resilient assets for our customers' needs. Three recent Centennial Regen+ projects exemplify this approach. We partnered with The Footprint Company to better understand the impact of our strategies on the environment. Our projects at Tottenham, VIC, Acacia Ridge, QLD and Royal Park, SA, through adaptive reuse have reduced CO2 by 45,800 tonnes compared to a benchmark redevelopment. A carbon footprint equivalent to taking approximately 23,000 light vehicles off the roads for one year. It's just one way we are reducing our environmental impact by taking a circular approach to construction. Learn more about Centennial Regen+ here: https://hubs.li/Q02_cG6b0 Adrian Taylor | Jonathan Wolf | Paul Ford | Marcus Hinzack | James Park | Matthew Skerrett | Matthew Wakelin | Sophie Nash | Nick Lidonnici | Ryan Ayres | Anthony Gill | Dan Goodrum | Alana Johnston #centennial #centennialregen #thefootprintcompany #midspace #industrial #logistics #lastmilelogistics #metroindustriallogistics #warehouse #distributioncentre #industrialdevelopment

Construction has kicked-off at Murarrie Industrial Park with demolition works complete and bulk earthworks underway. Located in the heart of the Australia TradeCoast precinct, positioned on Lytton Road the estate offers efficient transport access via the Gateway Motorway (200m away) and Port of Brisbane Motorway. Centennial will deliver a brand new 2,150 sqm industrial facility and a refurbished 3,488 sqm facility, with high bay warehousing, generous hardstand areas, large corporate office accommodation and car parking. Working with our partners Scattini Construction and Matland Group Pty Ltd, the project will deliver high-quality industrial space with the refurbished Tenancy A due for completion February 2025 and the new Tenancy B due Q2 2025. For more information contact Dan Goodrum or view our 3D plan here: https://hubs.li/Q02ZFkSK0 Sophie Nash | Dan Goodrum | James Park | David Cupit #centennial #midspace #industrial #logistics #lastmilelogistics #metroindustriallogistics #warehouse #distributioncentre #industrialdevelopment

A first look at Stage Two of Geebung Industrial Park, delivering 10,846 sqm of brand new industrial space. Strategically located in Brisbane’s northern industrial hub with arterial links to the Gateway Motorway and Port of Brisbane via Sandgate Road connecting to the port, airport and CBD – supporting efficient business operations. Warehouses range from 3,229 to 4,323 sqm with 13.7 metre internal height clearance, ESFR sprinkler systems, heavy vehicle manoeuvrability and each tenancy with two level architecturally designed corporate offices. Designed for 4-Star environmentally sustainable designed (ESD), featuring energy efficient lighting, performance glazing, rainwater harvesting and solar panels to deliver sustainable workspaces for customers and employees. Estimated for completion Q2 2025. For further details contact Dan Goodrum or visit: https://hubs.li/Q02ZtLjQ0 Alex Edwards | James Park | Michael Tonkin | Matthew Wakelin | Nick Lidonnici | Dan Goodrum #centennial #midspace #industrial #logistics #lastmilelogistics #metroindustriallogistics #warehouse #distributioncentre #industrialdevelopment

Event Recap | 18 members of Centennial joined over 12,000 participants in the JP Morgan Corporate Challenge. The 5.6km run or walk is in aid of the Indigenous Marathon Foundation (IMF). The IMF supports a number of programmes that promotes health and uses running as their core to celebrate Aboriginal and Torres Strait Island people, culture, strengths and achievements to empower inspirational Indigenous leaders. Well done to the team involved… Adrian Taylor, Jonathan Wolf, Michael Tonkin, Marcus Hinzack, Matthew Wakelin, Natalia Edwards, Alexandra Blackman, Renee Sangalli, Aiden Chan, Suhan Babeendran, William Cassimatis, Darcy Davies, Jack McNamara, Juan Vegas, Lyle Hammerschlag, Matthew Knight, William Arkins, Alex Edwards #centennial #JPMCC #TeamSpirit

As seen in The Courier-Mail we are pleased to share we have completed Stage One of Geebung Industrial Park one month ahead of schedule – delivering 16,300 sqm of brand new industrial & logistics space. Construction for Stage Two is fast-tracked for a further ~9,010 sqm GLA across three warehouses – with an end value of $120 million. Centennial is pleased to announce we have signed longstanding Queensland building supply group, Bretts Trade Timber and Hardware who will occupy two existing warehouses spanning ~7,200 sqm that was brokered by Cushman & Wakefield's Morgan Ruig. Joining Bretts is global solutions and technology group Rohde & Schwarz, committing to 2,672 sqm of office and warehouse space in stage one, in a deal negotiated by Gibson Leembruggen of JLL. Centennial’s Head of Institutional Funds, Alex Edwards said, “Now that stage one is complete and stage two underway, we are seeing strong interest from tenants looking for new or modernised premises offering 4-Star ESD features, flexible warehouse and office spaces, along with multiple container height options and heavy vehicle manoeuvrability.” Thanks to our valued construction partner McNab. We look forward to sharing updates on Stage Two as it progresses. Full story: https://hubs.li/Q02WH50d0 Leasing opportunities: Alex Edwards | James Park | Michael Tonkin | Matthew Wakelin | Nick Lidonnici | Dan Goodrum #centennial #midspace #industrial #logistics #lastmilelogistics #metroindustriallogistics #warehouse #industrialdevelopment

We are excited to share we have purchased a prime 6ha industrial infill site in Melbourne’s Bayswater for $44m. The site is located 27km east of Melbourne CBD and contains two manufacturing/distribution facilities totalling ~26,300 sqm GFA. Upon expiry of the leases the site will be redeveloped into a 32,000 sqm multi-tenanted industrial estate, delivering flexible, mid-space tenancies ranging from 1,600 to 4,600 sqm to appeal to the broader mix of tenants with small to medium sized requirements. Centennial's Head of Property Funds, David Cupit said, “the Bayswater purchase is in line with the fund's strategy of acquiring industrial and logistics properties in core land constrained markets, close to major transport and infrastructure networks and population growth areas suited to servicing the mid-space tenant market". The sale was brokered by Cushman & Wakefield's, Chris Jones, Adrian Rowse & Charlie Holmes and JLL's, Joel Scully, Jack Kelliher & Ben Hegerty. Full story: https://hubs.ly/Q02WnsYs0 David Cupit | Richard Mason | Matthew Sheldon | Zoey Walker | Matthew Skerrett | Nick Lidonnici #centennial #midspace #industrial #logistics #lastmilelogistics #metroindustriallogistics #warehouse #distributioncentre #industrialdevelopment

EVENTS | October Highlights   The Lord Mayor's Charitable Trust held their gala ball late last week. The annual event raises funds for the Trust and annual giving program, distributed to over 100 local worthy causes.   We were delighted to host clients and support our city and community in making a difference. Paul Ford, David Cupit, James Park, Dan George and Clachair Venter.   Last week, Centennial was proud to participate in the UDIA Queensland's panel discussing the future of greenfield communities.   Centennial’s General Manager, Development QLD & NSW, James Park shared his perspectives on the synergies of incorporating industrial land planning with greenfield community development alongside a panel of council representatives and another leading developer. #Centennial #CommunitySupport #Brisbane

As seen in The Courier-Mail today, continuing our expansion in the niche Brisbane mid-space market, we are pleased to announce Centennial has purchased an almost 1ha last mile infill industrial property at 59 Taylor Street, Bulimba for $13.1 million.   Situated 4km from the Brisbane CBD in the Australia TradeCoast precinct, the site consists of a highly functional warehouse facility leased to Albert Signs on a 2-year triple net lease. Upon expiry of the lease the property will undergo a refurbishment and repositioning program before being re-leased to tenants looking to leverage the desirable Bulimba location.   The sale was brokered by David Gibson and Nick Bandiera of Modus Property Group™.   Centennial’s Head of Property Funds, David Cupit said, “as land supply continues to diminish in the greater Brisbane area, particularly in last mile locations where sites are often converted to higher and better uses, Bulimba will become an even more desirable location for occupiers and investors looking to tap into an immediate and reachable affluent customer-base and connecting freight routes.   Full story: https://lnkd.in/gnGtsj5C   David Cupit | Richard Mason | Matthew Sheldon | Zoey Walker | James Park | Sophie Nash | Dan Goodrum | Nick Lidonnici #centennial #midspace #industrial #logistics #lastmilelogistics #metroindustriallogistics #warehouse #distributioncentre #industrialdevelopment

Major Milestone | Tottenham Industrial Park   Demolition of Stage Two of Tottenham Industrial Park is complete, and construction onsite is due to commence in October at our $90m industrial development.     Located 9km from the CBD in Melbourne’s inner-west providing efficient and easy access to local and regional markets via the Princes Highway.   The multi-unit estate will deliver 8,372 sqm of premium industrial mid-space warehousing ranging from 3,820 sqm to 8,372 sqm, with internal clearance heights from 7.8m to 9.8m, generous hardstand areas and each tenancy with architecturally designed two-level offices.   Thanks to our valued partners Mainbrace Constructions Pty Ltd, Legacy Project Management, proUrban Advisory, Planning & Management, Watson Young Architects, JSB&G, PSM, Spencer Group Engineering Pty. Ltd., POWERPLANT Project Services , Hellier McFarland Pty Ltd, City Circle Group and Impact Traffic Solutions.   Construction completion is expected Q2 2025.   We look forward to sharing more on this development as it progresses. For more information contact Ryan Ayres or visit: https://lnkd.in/gsAZ8ghs   Matthew Skerrett | Michael Tonkin | Nick Lidonnici | Ryan Ayres #centennial #midspace #industrial #logistics #lastmilelogistics #metroindustriallogistics #warehouse #distributioncentre #industrialdevelopment