Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
The latest update is out from Centuria Capital Group ( (AU:CNI) ).
Centuria Capital Group’s real estate finance division, Centuria Bass Credit, has expanded its debt warehouse facility with an additional $100 million senior secured commitment from UBS, increasing the facility to approximately $285 million. This expansion reflects Centuria Bass’s significant growth in assets under management, marking a 45% increase year-on-year, and enhances its market share in the middle-market real estate finance sector while demonstrating its ability to attract capital from major global institutions.
More about Centuria Capital Group
Centuria Capital Group (CNI) is an ASX-listed specialist investment manager with $21.1 billion of assets under management as of June 2024. The company offers a wide range of investment opportunities including listed and unlisted real estate funds as well as tax-effective investment bonds, leveraging its in-depth knowledge of these sectors and its understanding of client needs to create rewarding investments.
YTD Price Performance: -0.56%
Average Trading Volume: 1,077,995
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$1.47B
Learn more about CNI stock on TipRanks’ Stock Analysis page.
