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
Source: Paige Estritori

Please Note: If this information affects you, seek advice from a licensed professional.

Share this news item:

Finance News

Australian Managed Funds Experience Significant Growth in 2025
Australian Managed Funds Experience Significant Growth in 2025
07 Feb 2026: Paige Estritori
In 2025, Australian managed funds experienced a substantial increase of $35.9 billion, as reported by Calastone. This growth was primarily driven by investors seeking stability through fixed income strategies amidst global economic uncertainties. - read more
The Rise of Non-Bank Lenders in Australian SME Financing
The Rise of Non-Bank Lenders in Australian SME Financing
07 Feb 2026: Paige Estritori
In recent years, Australian small and medium-sized enterprises (SMEs) have increasingly turned to non-bank lenders for their financing needs. This shift is driven by the demand for faster credit decisions and more flexible lending solutions, which traditional banks often struggle to provide. - read more
Australian SMEs Embrace Asset Finance to Drive Productivity
Australian SMEs Embrace Asset Finance to Drive Productivity
07 Feb 2026: Paige Estritori
Amidst economic uncertainties and a cautious lending environment, Australian small and medium-sized enterprises (SMEs) are increasingly turning to asset finance to bolster long-term productivity. Recent data from Valiant Finance indicates a significant surge in asset finance volumes, with a 41% increase in Q3 and a 33% rise in Q4 of 2025. - read more
Rising SME Insolvencies Prompt Aggressive Actions from Non-Bank Lenders
Rising SME Insolvencies Prompt Aggressive Actions from Non-Bank Lenders
07 Feb 2026: Paige Estritori
As Australian small and medium-sized enterprises (SMEs) face increasing insolvency pressures, non-bank lenders are intensifying court-based recovery actions. Data from the Alares Credit Risk Insights report reveals a steady rise in court recoveries by non-bank lenders since 2019, reaching record levels in recent years. - read more
Crusader Caravans and BIG4 Holiday Parks Join Forces to Enhance Caravanning Adventures
Crusader Caravans and BIG4 Holiday Parks Join Forces to Enhance Caravanning Adventures
07 Feb 2026: Paige Estritori
In a significant move for the Australian caravanning community, Crusader Caravans has announced a partnership with BIG4 Holiday Parks, aiming to provide new caravan buyers with exclusive benefits that enhance their travel experiences. - read more


Truck Loans Articles

How to Get a Truck Loan with Less-Than-Perfect Credit
How to Get a Truck Loan with Less-Than-Perfect Credit
Securing finance for any significant purchase can be a challenge, especially when it comes to acquiring a truck for business purposes. Coupled with a less-than-perfect credit score, this task can seem daunting for many Australians. The ripple effects of financial constraints can impede business operations, affecting the lifeline of commercial ventures that rely on transportation. - read more
How to find the best insurance for your trucking business in Australia
How to find the best insurance for your trucking business in Australia
As a trucking business owner in Australia, finding the right insurance is crucial to the protection of your business. To achieve this, it is important to first understand your specific business needs. Here are some factors to consider: - read more
Essential Financial Safety Nets for Aussie Truck Drivers
Essential Financial Safety Nets for Aussie Truck Drivers
Welcome to the road less traveled, where the rubber meets financial prudence. Truck driving in Australia is not just about long miles but also about ensuring financial stability amidst life's crossroads. As a truck driver, taking the wheel of your financial future is crucial, and that's what we'll navigate in this article. - 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
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


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 free and without obligation by a Specialist from our National Broker referral panel. See our Privacy Statement for more details.


Knowledgebase
Blue Chip Stock:
Shares in a large, reputable, and financially stable company with a history of reliable earnings and dividend payments.