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.
March 31, 2022
Centurion Apartment REIT Announces the Pending Acquisition of a Brand-New Multi-Family...
Centurion Asset Management Inc., the asset manager of Centurion Apartment REIT, is pleased to announce the pending acquisition of Le Bacc, a brand-new multi-family apartment property located at 2400 Chemin Sainte-Foy, Quebec City. Upon completion, Le Bacc will bring Centurion’s Quebec portfolio to a total of 4,877 rental units.
March 28, 2022
Centurion Apartment REIT Announces the Pending Acquisition of Two Newly Constructed...
Centurion Asset Management Inc., the asset manager of Centurion Apartment REIT, is pleased to announce the pending acquisition of two brand new, multi-family apartment buildings located at 250 & 240 rue Castonguay, Saint-Jérôme, Québec, representing the first two phases of a four-phase multi-residential development. The property at 250 Castonguay (Phase 1) was completed in Spring 2021 and is now fully stabilized, and the property at 240 Castonguay (Phase 2) is still under construction and is expected to be completed in June 2022.
March 21, 2022
Centurion’s HR Team Recognized as One of 2022’s Most Innovative HR Teams
We are delighted to announce that Centurion’s Human Resources Team has been selected by HRD Canada as one of 2022’s most innovative HR Teams! This award recognizes companies that are leading the future of the HR industry by breaking boundaries and pioneering innovative strategies.
March 8, 2022
Centurion Recognized as Being One of the Best Workplaces for Women
Centurion is pleased to announce that we have been recognized on the 2022 list of Best Workplaces for Women after a thorough and independent analysis conducted by Great Place to Work®.
March 4, 2022
Centurion Apartment REIT is Nearing Upgrade Completion of the Multi-Residential...
Centurion Asset Management Inc., the asset manager of Centurion Apartment REIT, is in the process of completing the structural systems upgrade of the multi-residential apartment property in Langford, British Columbia. This property is located at 2770 Claude Road in downtown Langford.
February 17, 2022
Centurion Named on the 2022 List of Best Workplaces™ for Hybrid Work
Centurion is proud to announce that our organization has been named on the 2022 list of Best Workplaces for Hybrid Work. Centurion received this honour after a thorough and independent analysis conducted by Great Place to Work®.
The list is based on direct feedback from Employees at the hundreds of organizations that were surveyed by Great Place to Work®.
February 8, 2022
Centurion Apartment REIT Announces the Pending Acquisition of a Newly Constructed...
Centurion Asset Management Inc., the asset manager of Centurion Apartment REIT, is pleased to announce the pending acquisition of a newly constructed, 345-unit multi-residential rental development located at 400-460 Atmosphere Boulevard in the city of Gatineau, Quebec. “Centurion is excited about its first acquisition in the rapidly-growing Gatineau region. Project Le Central offers its residents a luxurious and modern living environment, convenience and a highly amenitized lifestyle.”, commented Greg Romundt, Centurion President and CEO.
February 4, 2022
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 completed acquisition of the first phase of two phases of Metro Scott Road, a newly constructed multi-residential property in Surrey, British Columbia. This new acquisition is Centurion’s second in Surrey and features two 6-storey, luxury rental buildings with 4,728 square feet of ground floor commercial space. The project is situated at 11018 and 11088 126A Street, five minutes away from Fusion, another multi-residential property which Centurion acquired in September 2019.
February 3, 2022
Centurion Apartment REIT Announces the Largest Single Multi-Family Acquisition...
Centurion Asset Management Inc., the asset manager of Centurion Apartment REIT, is proud to announce the completion of the acquisition of two-thirds ownership in an apartment portfolio in Montreal, Quebec and has also officially executed an agreement to acquire the remaining one-third ownership interest in the portfolio, resulting in Centurion’s 100% ownership of the 30 properties. This remaining one-third is slated to close early to mid-year 2022.
January 27, 2022
Centurion Apartment REIT Announces the Pending Acquisition of a Land Assembly...
Centurion Asset Management Inc., the asset manager of Centurion Apartment REIT, is pleased to announce the pending acquisition of a land assembly comprising six single-family lots, which directly neighbour Centurion’s growing Langford apartment portfolio. Located at 827 A, 827 B, 827 C, 827 D Hockley Ave., 2860, 2866 Peatt Road, Langford, BC, the Site is currently improved with older single-family homes. “Upon closing of the acquisition, Centurion intends to explore various development options on the Site, to continue building on the existing and growing footprint established in the surrounding community and capture further economies of scale.” says Greg Romundt, Centurion President and CEO.