Primewest - now Centuria

Primewest Group has begun a new chapter in its 26-year history by merging with the ASX-200 listed Centuria Capital Group (ASX: CNI), creating a broad Australasian real estate investment platform with $17.4billion of assets under management.

In April 2021, Centuria made an off-market takeover offer for 100% of Primewest securities, which was accepted by Primewest securityholders. By 19 July 2021, all Primewest securities had been acquired by Centuria.

Primewest’s $5.6billion, predominantly Western Australia-based real estate portfolio complements Centuria’s largely east coast Australia and New Zealand platform, creating a geographically diversified entity.

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Primewest Joins Centuria Capital Group - PRIMEWEST - Property Investors Primewest Group has begun a new chapter in its 26-year history by merging with the ASX-200 listed Centuria Capital Group (ASX: CNI), creating a broad Australasian real estate investment platform with $17.4billion of assets under management. In April 2021, Centuria made an off-market takeover offer f...

Development works of Primewest Brooklane have continued to progress and are nearing completion with the centre on track to open to the community in July 2021.

Take a look at the aerial imagery showing the extent of the progress made across the site!

Celebrated WA street artist Stormie Mills will leave an enduring legacy for the people of Ellenbrook with a large-scale mural on the façade of a brand-new local shopping centre, which will be unveiled to the community in July.

Primewest Property Investors secured the internationally acclaimed artist to create the mural near the main entrance to the soon to be complete Brooklane Shopping Centre.

Due for completion in July, the 5000 square metre shopping centre has a modern, edgy aesthetic with an open-air mall and piazza that was ideally suited to Stormie Mills’ unique artistic style.

The centre is anchored by a state-of-the-art Woolworths and BWS, with an additional 14 specialty stores and 273 car bays.