Truck Loans Australia :: News
SHARE

Share this news item!

Centuria Capital Expands Reach in Property Debt Sphere

Centuria Capital Expands Reach in Property Debt Sphere

Centuria Capital Expands Reach in Property Debt Sphere?w=400

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

Amidst a turbulent market, Centuria Capital Group has strategically bolstered its presence in the property debt market, acquiring an additional 30% stake in Centuria Bass Credit Pty Ltd.
This expansion reflects a value of $57 million, resulting in Centuria Capital Group's ownership rising from 50% to a commanding 80%.

Following a distribution cut of approximately 14% in the previous year, this financial move correlates with Centuria Capital's latest performance figures. A recent report revealed a reduction in statutory net profit after tax, descending from the previous $74.3 million down to $45.2 million. Despite market volatility, the firm's move demonstrates a robust strategy aimed at fortifying its market stance within real estate finance.

Co-CEO John McBain elucidates that the increased investment in Centuria Bass Credit aligns with the company's vision to enhance its share in earnings and cement its status as a leading entity in the realm of real estate finance. McBain conveys confidence in this asset category, aligning the company's trajectory with the growing investor demand for competitive yields and shorter fund durations.

Remarkable growth has been witnessed at Centuria Bass since its inception. Climbing from a modest $0.3 billion, the assets under management have soared to a robust $1.7 billion. McBain highlights the prospect of further diversifying their real estate debt offerings to cater to a broader investor base.

As of December 31st of the previous year, reports indicate that Centuria Bass produced an interim operating profit of $7.2 million for Centuria, based on the original half of the stake. This increased investment is expected to further cement Centuria Capital's revenue stream and establish a more dominant position in the competitive real estate debt sector.

Published:Tuesday, 16th Apr 2024
Author: Paige Estritori

Please Note: We do not endorse any specific products or companies. Some content is sourced from third parties, including press releases, and may not be independently verified for accuracy or completeness.

Share this news item:

Finance News

Sharp Increase in Mortgage Arrears Amid Economic Pressures
Sharp Increase in Mortgage Arrears Amid Economic Pressures
25 Apr 2026: Paige Estritori
Recent data from Fitch Ratings indicates a sharper-than-usual rise in Australian mortgage arrears during the first quarter of 2025. Conforming mortgage arrears (30+ days) increased by 23 basis points to 1.36%, while non-conforming arrears rose by 39 basis points to 5.32%. This escalation is nearly three times the typical seasonal rise, which averages around 8 basis points in Q1. - read more
Marinas26 Conference to Highlight AI's Impact on Marina Operations
Marinas26 Conference to Highlight AI's Impact on Marina Operations
25 Apr 2026: Paige Estritori
The Marina Industries Association (MIA) has unveiled the comprehensive program for Marinas26, its biennial conference and trade exhibition, scheduled for 24-27 May 2026 at the RACV Royal Pines Resort on Queensland’s Gold Coast. Embracing the 'Future Smart' theme, the event aims to delve into emerging trends and technologies poised to reshape the marina and boatyard sector across the Asia-Pacific region. - read more
Navigating Motorcycle Finance Options in Australia
Navigating Motorcycle Finance Options in Australia
25 Apr 2026: Paige Estritori
Securing financing for a motorcycle in Australia involves understanding various loan types and the application process. Prospective buyers can choose between secured and unsecured loans. Secured loans use the motorcycle as collateral, often resulting in lower interest rates, while unsecured loans do not require collateral but may come with higher rates. - read more
Wisr Launches Secured Motorbike Loans Through Broker Network
Wisr Launches Secured Motorbike Loans Through Broker Network
25 Apr 2026: Paige Estritori
Australian fintech lender Wisr has broadened its vehicle finance portfolio by introducing secured motorbike loans, now available through its broker network. This strategic expansion allows customers to use their motorcycles as collateral, potentially accessing more favorable loan terms compared to unsecured options. The new product is accessible via the Wisr Partner Portal and directly to consumers, reflecting the company's commitment to providing flexible financing solutions tailored to individual needs. - read more
FCAI Predicts Surge in Motorcycle Sales Amid Rising Fuel Prices
FCAI Predicts Surge in Motorcycle Sales Amid Rising Fuel Prices
25 Apr 2026: Paige Estritori
The Federal Chamber of Automotive Industries (FCAI) has projected a potential increase in motorcycle sales across Australia, attributing this trend to the ongoing global fuel crisis. In the first quarter of 2026, the Australian motorcycle market experienced a 7.4% growth, with 20,624 new units sold between January and March. This uptick is particularly notable in the off-road segment, which saw a 26.7% year-on-year increase, totaling 8,737 units. Scooter sales also rose by 7.8%, reaching 1,431 units. - read more


Truck Loans Articles

Understanding the Fine Print: What to Look Out for in Truck Loan Contracts
Understanding the Fine Print: What to Look Out for in Truck Loan Contracts
Stepping into the realm of commercial truck financing can be a highway riddled with complex terms and conditions. Understanding commercial truck loans is not only about getting the keys to a new vehicle; it's a crucial investment in your business's future. As a borrower, you need to navigate through the fine print to find a loan that fits like a glove. - read more
The Commercial Buyers Guide to Buying a Used Truck in Australia
The Commercial Buyers Guide to Buying a Used Truck in Australia
With the evolution of the logistics industry and small businesses gaining momentum in Australia, the market for used trucks has witnessed substantial growth in recent years. This surge is a testament to the pivotal role commercial vehicles play in driving the economy forward, keeping supply chains agile and businesses thriving. - read more
Understanding Your Options: A Guide to Commercial Vehicle Loans in Australia
Understanding Your Options: A Guide to Commercial Vehicle Loans in Australia
If you're running a business in Australia, choosing the right commercial vehicle loan can be pivotal to your success. Whether you're a small business owner needing a delivery van or a large company expanding your fleet, understanding your financing options is crucial. - read more
From Small to Big: Financing Your Truck Expansion in Australia
From Small to Big: Financing Your Truck Expansion in Australia
Expanding your truck fleet is a critical step in driving business growth. For many small businesses, increasing the number of commercial vehicles means accessing new markets, delivering goods more efficiently, and ultimately, boosting profitability. In the competitive Australian market, staying ahead requires not just maintaining but expanding your transport capabilities. - read more
Maximizing Your Fleet Potential: How Truck Financing Shapes Success
Maximizing Your Fleet Potential: How Truck Financing Shapes Success
Trucks play a pivotal role in the Australian logistics and transport industry, serving as the lifeblood that keeps commerce flowing. The dependable rumble of engines crisscrossing the nation's highways is more than just a symbol of industry; it's a critical component of productivity and economic stability. Without these workhorses facilitating the timely movement of goods, the Australian market would face significant challenges meeting the demands of both businesses and consumers alike. - read more


Start Here

Get a free truck loan eligibility assessment and compare truck finance and leasing options without accessing your credit file!!
Loan Amount:
Postcode:

All quotes are provided obligation-free by a participating broker from our national referral partner network. We respect your Privacy.


Knowledgebase
Interest-Only Loan:
A type of loan where the borrower only pays the interest on the principal balance for a set term.