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The latest update is out from Centuria Capital Group ( (AU:CNI) ).
Centuria Capital Group has agreed to acquire the Chadstone Homeplus Homemaker Centre in Victoria from BWP for $86.025 million under an unconditional contract of sale. The price, which represents a 1.1% premium to the asset’s recent fair value and delivers a 15.2% internal rate of return for the seller since its 2024 acquisition, underscores continued investor demand for large-format retail assets with secure leases such as the extended Bunnings tenancy, and the transaction is expected to support BWP’s portfolio renewal strategy while initially reducing its debt levels ahead of settlement targeted for June 2026.
The most recent analyst rating on (AU:CNI) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Centuria Capital Group stock, see the AU:CNI Stock Forecast page.
More about Centuria Capital Group
Centuria Capital Group is an ASX-listed investment manager with a focus on real estate and related investment products, acquiring and managing commercial property assets on behalf of investors. Its portfolio strategy typically targets income-generating properties with long lease terms and strong tenant covenants across Australia.
Average Trading Volume: 1,275,423
Technical Sentiment Signal: Buy
Current Market Cap: A$1.65B
See more data about CNI stock on TipRanks’ Stock Analysis page.