Centuria Capital Group has announced a number of additions to its senior management, effective 15 April 2024.
According to the firm’s joint chief executive, Jason Huljich, the appointments are part of a strategic plan to ensure Centuria is well positioned for the potential eve of a new property cycle, noting “green shoots” of real estate transactions gaining momentum.
“We are proud to announce these senior roles have been filled by longstanding current members of the Centuria team who build on the legacy they have helped create,” Huljich added.
Notably, Centuria’s former head of transactions, Andrew Essey, has been promoted to the newly created position of chief investment officer, where he will be responsible for the group’s investment strategy, transactions, and institutional capital. In his previous role, which he held for almost seven years, he successfully executed over $11 billion of direct real estate transactions.
Commenting on the appointment, Essey noted Centuria’s “significant appetite” to grow its assets under management to deliver “healthy recurring revenue” for the group, its REITs, and unlisted funds.
“We also maintain focus on furthering our institutional partnerships, domestically and abroad, to support our growth objectives,” he stated.
Following Essey’s promotion, Nathan Guo will assume the role of head of transactions, responsible for originating and managing the group’s property transactions across all real estate sectors. Previously, he was senior transactions manager across office and industrial.
Jesse Curtis, Centuria’s head of industrial and fund manager of the Centuria Industrial REIT, has been named head of funds manager. His remit will include both listed and unlisted property funds across office, industrial, retail, healthcare, and agricultural sectors.
Meanwhile, Grant Nichols, Centuria’s head of office and fund manager of the Centuria Office REIT, has been named head of listed funds, and brings more than two decades in commercial real estate funds management to the role.
His previous role will be taken over by Belinda Cheung, who will now be responsible for Australia’s largest pure-play office fund and has been promoted from assistant fund manager.
“As Centuria evolves, we adjust our management structure to reflect our growth and ensure the most adept personnel are in place to lead each of our business divisions,” Huljich said.
“We congratulate Andrew, Jesse, Grant, Nathan, and Belinda on their promotion and are confident they will build on Centuria’s success in their new roles.”
