Centuria, the ASX‑listed asset manager, announced it has secured roughly A$268 million in equity to launch a single‑asset, unlisted fund focused on Sydney office space. The capital will back a A$454 million purchase of half‑interest stakes in two World Square precinct towers, giving the firm a foothold in the city’s premium CBD market.

The equity raise came from a Japanese investor consortium, marking a rare inflow of foreign capital into Australian office assets amid a period of rising vacancy rates. By pairing the equity with debt from a bank syndicate, Centuria achieves a leveraged structure that could enhance returns while preserving cash for future acquisitions.

Investors will buy into the Centuria Sydney CBD Prime Office Fund, which targets income from high‑grade tenants occupying the World Square towers. The fund’s unlisted status means limited secondary market liquidity but offers higher distribution yields than comparable listed REITs, appealing to yield‑seeking institutional investors.

The transaction pushes the total value of Centuria’s Sydney CBD exposure above A$500 million, reinforcing its position as a leading domestic office manager. With the equity secured, the firm can close the World Square deal this quarter, immediately adding rent‑stable assets to its balance sheet.