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.

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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January 10, 2020

Centurion Apartment REIT Announces the Pending Acquisition of a New Multi-Residential Apartment Property in Kelowna, 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 Kelowna, British Columbia. The anticipated closing date for this transaction is in September 2020.

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January 7, 2020

Centurion Apartment REIT Announces the Sale of Deloraine Luxury Apartments in Toronto, Ontario

Centurion Apartment Real Estate Investment Trust (“REIT”) wishes to announce the sale of Deloraine Luxury Apartments (3443 Bathurst Street) in Toronto, Ontario. The property has a total of 23 units and was originally purchased in 2013. 

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January 6, 2020

2019 Bonus Distribution

Following a successful year, Centurion Asset Management Inc. is pleased to announce that a Bonus Distribution was paid to unitholders of Centurion Real Estate Opportunities Trust ("REOT") as at December 31, 2019.

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