Investment Overview
The Centurion Apartment Real Estate Investment Trust (REIT) makes investments in rental apartments, student housing properties, and mortgage and equity investments in property developments across Canada and the United States.
At December 31, 2024 the fund has Assets Under Management (AUM) of $7.7B with 158 properties in 45 cities with 22,148 rental units offering investors an opportunity to access a large multi-residential portfolio.
- Target Annual Returns: 7-12%
- Minimum Investment: $25,000
- Distribution Frequency: Monthly
- DRIP Eligible: Yes
Issuer Background
Based in Toronto, Centurion Asset Management Inc. is a Canadian company that offers a growing portfolio of private investment products, corporate financing, mortgage financing, multi-residential apartments, and student housing property management. Centurion owns and manages over $4.5 billion in total assets.
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Key Details
- Type of Investment: Mutual Fund Trust
- Real Estate Asset Class: Multi-Family, Student Housing
- Registered Plan Status: RRSP, RRIF, and TFSA
