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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.

December 8, 2021

Centurion Apartment REIT Announces the Acquisition of Another Student Housing...

Centurion Asset Management Inc., the asset manager of Centurion Apartment REIT, is pleased to announce it has closed the acquisition of another student housing property in Waterloo, ON. This acquisition brings Centurion’s portfolio to a total of 1,506 rental beds in Waterloo and a total of 3,869 rental beds in Centurion’s entire Canadian student housing portfolio.

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December 7, 2021

Centurion Apartment REIT Announces Increase in Unit Distributions

The Board of Trustees Centurion Apartment Real Estate Investment Trust (REIT) has approved an increase in annual distributions of $0.02 per Class A REIT Unit and $0.11 per Class F and Class I Unit with the increase taking effect for Unitholders of record on December 31, 2021. Class A distributions will be $0.84/Unit/Year and Class F and Class I distributions will be $1.04/Unit/Year.

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December 6, 2021

Pending Record-Breaking Quebec Deal with Centurion Founder Greg Romundt on Wealth...

Greg Romundt, Centurion President and CEO, speaks with James Burton, Managing Editor of Wealth Professional Canada, about Centurion Apartment REIT’s pending record-breaking deal in Quebec and how it benefits investors.

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November 22, 2021

Centurion is recognized as One of Canada’s Top 100 Employer’s for Recent...

Centurion is proud to be recognized as one of Canada’s Top 100 Employers for recent grads for 2022! The Career Directory is Canada's longest-running employment guide for new graduates. Each year, the editorial team at Canada's Top 100 Employers project reviews thousands of employers to determine the academic qualifications they actively seek in young jobseekers. The directory is a great resource that helps students and new graduates find jobs that make the most of their university degrees or college diploma.

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November 22, 2021

“Diving Into an Active Market”: An Exclusive Interview with Centurion President...

Centurion President and CEO Greg Romundt speaks with Wealth Professional Canada about the growth and future trajectory of the Canadian multi-family residential sector. Click below for the full report.

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November 17, 2021

Centurion Recertified as a Great Place to Work®

Centurion is proud to announce that we have been certified as a Great Place to Work® for the second consecutive year after a thorough and independent analysis conducted by Great Place to Work® Institute Canada. This certification is based on direct feedback from our Employees, provided as part of an extensive and anonymous survey about their workplace experience.

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October 28, 2021

Centurion Apartment REIT Announces the Successful Sale of Two Recently Completed...

Centurion Asset Management Inc., the asset manager of Centurion Apartment REIT, is pleased to announce the successful sale of two recently completed purpose built multi-family apartment buildings in Texas, United States. Centurion provided most of the required equity by way of senior ranking preferred equity investments. The projects were located in Austin and Las Colinas (greater Dallas area).

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October 26, 2021

Q3 2021 Centurion Apartment REIT Update Webinar

In this 35 minute webinar, Greg Romundt, President and CEO of Centurion Asset Management Inc., discusses the latest acquisitions for Centurion Apartment Real Estate Investment Trust. Greg also shares his insight into the Canadian multi-residential apartment real estate sector and the economic landscape at large.

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October 7, 2021

Centurion Apartment REIT Announces the Acquisition of a New Multi-Residential...

Centurion Asset Management Inc., the asset manager of Centurion Apartment REIT, is pleased to announce the acquisition of a new multi-residential property in downtown Winnipeg, Manitoba, known as Urban Square. This asset represents REIT’s fourth acquisition in Winnipeg and will bring the total number of units under ownership to 943.

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October 1, 2021

Centurion Apartment REIT Announces the Pending Acquisition of an Apartment Portfolio...

­­­Centurion Asset Management Inc., the asset manager of Centurion Apartment REIT, is pleased to announce the pending acquisition of a two-thirds interest in an apartment portfolio in Montreal, Quebec. The Portfolio comprises 30 newly constructed, multi-residential properties totaling 3,678 rental units located throughout the Greater Montreal Area and represents the largest single multifamily transaction to ever occur in Quebec.

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