In the News

Find out the latest news on Centurion as it happens. Learn about our most recent acquisitions, major transactions, and/or company developments. Visit the archive for past press releases and company announcements.

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March 13, 2020

Centurion’s response update to COVID-19

Centurion is closely monitoring the current COVID-19 situation through various federal and provincial health agencies, and media outlets. Our top priority is to keep employees, residents, and clients vigilant, healthy, and safe by implementing the appropriate measures as new information emerges. We have strengthened our existing Business Continuity Plan and aim to perform regular business functions that may otherwise be disrupted by COVID-19. We currently have measures in place to support our employees, residents, and clients.

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March 12, 2020

Centurion Apartment REIT has Closed the Acquisition of a Multi-Residential Apartment Property in Baytown, Texas

Centurion Asset Management Inc., the asset manager of Centurion Apartment REIT, is pleased to announce that it has completed the acquisition of an 85% interest in a multi-residential property in Baytown, Texas, U.S.A.

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March 2, 2020

Temporary Capping of Centurion Real Estate Opportunities Trust (the "REOT")

Centurion REOT will temporarily cap new subscriptions as of March 2, 2020. The REOT will remain open for redemptions and continue to make scheduled cash and dividend distributions.

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February 26, 2020

Centurion Apartment REIT Announces the Pending Acquisition of a New Multi-Residential Apartment Property in Surrey, British Columbia

Centurion Asset Management Inc., the asset manager of Centurion Apartment REIT, is pleased to announce the pending acquisition of a newly constructed multi-residential property in Surrey, British Columbia. This new acquisition is Centurion’s second in Surrey. The anticipated closing date for phase 1 of this transaction is in January 2021.

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February 19, 2020

Centurion Apartment REIT Announces the Pending Acquisition of a Multi-Residential Apartment Portfolio in Guelph, Ontario

Centurion Asset Management Inc., the asset manager of Centurion Apartment REIT, is pleased to announce the pending acquisition of a multi-residential apartment portfolio in Guelph, Ontario.

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February 7, 2020

Apartments in Canada with Centurion founder Greg Romundt on BNN Bloomberg's Weekly with Andrew McCreath

Centurion President and CEO Greg Romundt was once again invited to speak with Andrew McCreath about the Canadian real estate.

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February 3, 2020

Temporary Capping of Centurion Apartment Real Estate Investment Trust (the "REIT")

Centurion Apartment REIT will temporarily cap new subscriptions as of February 3, 2020. The REIT will remain open for redemptions and continue to make scheduled cash and dividend distributions. 

 

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January 31, 2020

Massive Edmonton apartment deals boost city's multi-family market

This article from Western Investor talks about the opportunities in Edmonton and how Centurion helped boost the city's multi-family residential market by acquiring a total of 832 rental suites plus nearly 39,000 square feet of commercial space for a whopping $205 million.

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January 17, 2020

Centurion Apartment REIT has Closed the Acquisition of a New Multi-Residential Apartment Property in Regina, Saskatchewan

Centurion Asset Management Inc., the asset manager of Centurion Apartment REIT, is pleased to announce that it has completed the acquisition of a 50% interest in a newly constructed multi-residential property in Regina, Saskatchewan. This new acquisition has increased Centurion's portfolio to five properties and 571 rental units in Regina.

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January 15, 2020

Centurion Apartment REIT has Closed the Acquisition of Three Multi-Residential Apartment Properties in Edmonton, Alberta

Centurion Asset Management Inc., the asset manager of Centurion Apartment REIT, is pleased to announce that it has completed the acquisition of three high-rise multi-residential properties in Edmonton, Alberta. The portfolio has a total of 832 rental apartment units and 38,702 sqft of commercial space across three properties. This new acquisition has increased Centurion’s current Edmonton portfolio to 1,278 rental units. 

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