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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November 24, 2015

Offering Memorandum Exemption

The securities regulators in Alberta, New Brunswick, Nova Scotia, Ontario, Quebec and Saskatchewan have finalized further amendments to the National Instrument 45-106 Prospectus Exemptions.

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October 7, 2015

Centurion Announces Temporary Capping of The Centurion Apartment REIT

To accommodate REIT Unit subscriptions that are in progress, the Board of Trustees has authorized a capped limit on further Unit purchases of $5 million for subscriptions submitted during the month of October for the November 1, 2015 closing, which will be allocated on a first come, first serve basis.

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September 18, 2015

Centurion Apartment REIT Completes Mortgage Financing at Record Low Interest Rate of 1.33%

On September 10, 2015 Centurion Apartment REIT completed a mortgage financing at the lowest interest rate it has ever managed to finance a property. The interest rate was fixed at a 1.33% per annum with a maturity of 5 years. The amount of the mortgage was $12.9 million.

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July 23, 2015

Centurion Apartment REIT Announces the Pending Acquisition of the Oxford Centre Apartment in London, Ontario

Centurion Asset Management Inc., the asset manager of Centurion Apartment REIT, is pleased to announce the pending acquisition of the Oxford Centre Apartment in London, Ontario.

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June 19, 2015

Centurion Apartment REIT and Schembri Group of Companies Announce the Management of Schembri’s 1,725 Bed Waterloo Student Housing Portfolio under Centurion’s “The MARQ” Student Housing Platform

Centurion Asset Management Inc., the asset manager of Centurion Apartment REIT, and Schembri Group of Companies are pleased to announce that they have entered an agreement that will see Centurion’s “The MARQ” brand assume management of Schembri’s existing student housing portfolio. The MARQ is focused exclusively on providing students with superior housing options in well-managed properties that are close to everything that's important in a student's life.

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June 19, 2015

Centurion Apartment REIT and Schembri Group of Companies Announce the Management of Schembri’s 1,725 Bed Waterloo Student Housing Portfolio under Centurion’s “The MARQ” Student Housing Platform

Centurion Asset Management Inc., the asset manager of Centurion Apartment REIT, and Schembri Group of Companies are pleased to announce that they have entered an agreement that will see Centurion’s “The MARQ” brand assume management of Schembri’s existing student housing portfolio.

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May 11, 2015

Centurion Apartment REIT Announces the Acquisition of an Apartment Portfolio in Kitchener, Ontario

Centurion Asset Management Inc., the asset manager of Centurion Apartment REIT, is pleased to announce the recently acquired historic Royal and Wales Apartments and the Weber Apartments in Kitchener comprised of a total of 74 units with a mix of bachelor, one-bedroom and two-bedroom suites.

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January 31, 2015

Greg Romundt named CEO of the Year by Canadian Apartment Magazine

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December 19, 2014

Centurion Apartment REIT announces the pending Acquisition of Windermere Village II in Edmonton, Alberta

Centurion Asset Management Inc., the asset manager of Centurion Apartment REIT, is pleased to announce the pending acquisition of their inaugural property in Alberta.

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December 11, 2014

Centurion Asset Management Inc. announces the Internalization of the Property and Asset Management of Centurion Apartment REIT and Centurion Real Estate Opportunities Trust

Centurion Asset Management Inc. (“CAMI”) is pleased to announce that it has reached an agreement with Centurion Apartment REIT (“REIT”) and Centurion Real Estate Opportunities Trust (“CREOT”) to internalize their respective property and asset management teams.

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