Centuria Agriculture Fund

Open-ended agriculture property fund targeting distributions of 6.00 cpu in FY25

Core Property has reaffirmed the rating for the Centuria Agriculture Fund as RECOMMENDED.

The Fund invests in agricultural property assets in the protected cropping sector with a focus on long WALE and strong lease covenants. The current portfolio consists of 5 large scale, high quality glasshouses with a strong acquisition pipeline planned by the Manager in FY25.

Since the Fund was launched in 2022 it has steadily increased distributions from 5.25 cents per unit to a targeted 6.00 cents per unit for FY25.

The Fund is open ended with daily unit pricing and is available to investors via a PDS or investment platforms with a minimum investment of $10,000.

The Fund is managed by Centuria Property Funds Limited, part of Centuria Capital Limited (ASX: CNI) an ASX-listed property fund manager with over $20 billion of assets under management.

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