Centurion Apartment REIT
A diversified portfolio of rental apartments and student housing properties across Canada and the United States
Target Annual Returns
7-12%
Minimum Investment
$25,000
Distribution Frequency
Monthly
DRIP Eligible
Yes
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.
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.
Key Details
- Type of Investment: Mutual Fund Trust
- Real Estate Asset Class: Multi-Family, Student Housing
- Registered Plan Status: RRSP, RRIF, and TFSA
