Centurion Offers 2% Non-Dilutive Discount on Net Asset Value for New Subscriptions
As at Tuesday, September 2, 2025 trade date, Centurion Apartment Real Estate Investment Trust (REIT) will be offering a 2% non-dilutive discount to Net Asset Value (“NAV”) for all new subscriptions up to and including December 1, 2025, or until our targeted allocation of $200,000,000 is reached. The discount will apply to trades already received for the September 2, 2025 close. Centurion Asset Management Inc. will pick up the cost of this discount by waiving asset management fees for a period of two years on the capital raised.
John McKinlay, Centurion Asset Management Inc.’s President and CEO, commented:
“Centurion has a range of tools available to enhance liquidity, including the option of a discounted raise. We continue to see a strong pipeline of opportunities that support our growth strategy.
It’s no secret that capital raising has been tested over the past 18 months, with higher redemptions seen across the broader market. Even in this environment, we’ve maintained a net positive capital raising position. Our portfolio remains healthy and continues to expand, giving us the ability to operate from a position of strength and pursue new opportunities with confidence.
As we prepare for the next market cycle, our focus remains on unlocking value from recent acquisitions and driving operational performance. These priorities have delivered another quarter of strong results, with Q2 2025 portfolio highlights including:
- Property Operating Revenues increased 3.81% year-over-year
- Net Operating Income increased 4.31% year-over-year
- Same Store Net Operating Income increased 5.89% year-over-year
- Same Store Net Operating Income Margin rose to 64.51% from 63.94% in Q2 2024
- Same Store Average Rent per Unit increased 4.98% year-over-year
We are proud of the resilience of our portfolio and the continued effectiveness of our strategy, even in a challenging economic environment.
Centurion’s strategy is built on both ownership and partnership. By combining income-producing assets with a robust lending and joint venture platform, we are positioned to benefit from multiple angles of growth in the housing sector. With demand for rental housing continuing to outpace supply, we see significant long-term opportunities to create value for our investors while supporting the development of much-needed housing across the country.”
Advisors: If you have any questions or require further clarification, please reach out directly to your wholesaling team.
Investors: If you have any questions or require further clarification, please reach out directly to your investment advisor.