Centuria Capital Limited (CNI) has successfully completed its $300 million equity raising, with both the institutional placement and institutional component of its entitlement offer now finalised. The placement raised approximately $200 million while the institutional entitlement offer contributed roughly $65 million, with 133 million new securities issued at $2.00 per share. The completion was announced on Tuesday, 23 June 2026, with settlement scheduled for 30 June and trading resuming on 1 July 2026. This timing allows the company to move quickly into implementing any planned capital deployment.
The raising attracted strong demand from both existing and new institutional investors, a positive signal for the company’s outlook. Take-up by eligible institutional securityholders reached approximately 82% in the entitlement offer, while the placement and institutional entitlement shortfall proved well-supported by the underwriting syndicate. This robust institutional response suggests the market has positively assessed Centuria’s capital raise strategy in the context of the company’s $21.8 billion assets under management as of 31 December 2025.
The retail component of the entitlement offer remains open to complete the equity raising. Eligible retail securityholders will have until 5:00pm on Tuesday, 7 July 2026 to participate, with the offer opening on Friday, 26 June. To participate, investors must have held Centuria securities at 7:00pm on Wednesday, 24 June 2026 and maintain a registered address in Australia or New Zealand. The retail phase is expected to raise approximately $35 million at the same $2.00 price per security, representing the final component of the total raise.
For existing Centuria shareholders, the capital raise provides significant financial flexibility to pursue investment strategies and fund growth initiatives across the company’s unlisted and listed real estate fund portfolios and investment bonds business. New securities issued will rank equally with existing Centuria securities from the date of issue, meaning new investors participate on identical terms to those established shareholders enjoyed at subscription. The 82% institutional take-up rate suggests existing institutional shareholders broadly endorsed the raise, though those who did not participate will experience dilution from both the placement and shortfall allocations.
Going forward, investors should monitor how Centuria deploys the approximately $300 million in capital, with announcements regarding specific investment activity providing insight into management’s strategic priorities and asset deployment. The completion of the retail entitlement offer will also signal the appetite among retail shareholders for the company’s direction at the $2.00 issue price. This announcement is price sensitive and has been flagged as material by the ASX.
View the full ASX announcement (PDF)
About Centuria Capital Limited (ASX: CNI)
Centuria Capital Limited is an Australian investment manager specializing in property and real estate across multiple asset classes. The company manages listed real estate investment trusts, unlisted property funds, and real estate credit funds spanning office, industrial, retail, healthcare, and agricultural properties. It provides investment products and financial services to institutional and individual investors seeking exposure to property markets.
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