Centuria Capital Limited Announces Dividend for the Fiscal Year 2018; Revises Operating EPS Guidance for the Fiscal Year 2018; Announces Executive Changes
The company announced fiscal year 2018 distribution per stapled security (DPS) guidance of 8.2 cents (fiscal year 2017 - 7.5 cents).
From 1 January 2018, Nick Collishaw's executive role as CEO Listed Funds will transition to that of non-executive director of company, Centuria Property Funds Limited and Centuria Property Funds No. 2 Limited. Whilst Mr. Collishaw will devote a majority of his time to further developing his existing private interests, he will continue in a support role at Centuria with special emphasis on equity capital markets and the Centuria listed property funds at both an institutional and investor level. From 1 January 2018, Jason Huljich, who has successfully led Centuria's unlisted property funds division for 12 years, will also assume responsibility for Centuria's listed property funds division. He will be assisted by the existing senior executive team of Nicholas Blake and Ross Lees, fund managers of CMA and CIP respectively.