Welcome to the third edition of The Centurion for 2020.
In this issue, we share Mr. Greg Romundt's recent interviews with Wealth Professional Canada and RHBTV. We also share some exciting news about new acquisitions and the merger of Centurion Apartment REIT and Centurion REOT, as well as some updates about the three funds.
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“COVID-19 – and, more importantly, the poor government response to it – has accelerated what may have taken another decade or two to play out otherwise.”
- Greg Romundt, Centurion Asset Management
Centurion president and CEO Greg Romundt speaks with Wealth Professional Canada about why he thinks major economies are hurtling toward stagflation. Click here to read the full interview.
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The Economic Future of Real Estate with Centurion founder Greg Romundt
Watch Centurion President and CEO Greg Romundt answer three of the hottest questions on real estate today with Wealth Professional Magazine Editor Darren Matte.
Click here to watch the interview.
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Developments in Canadian Real Estate with Centurion founder Greg Romundt on RHBTV News
Watch Centurion President and CEO Greg Romundt's interview about the current and future developments in Canada's real estate industry.
Click here to watch the interview.
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Centurion Wins Two Awards in Human Resources Management
Centurion's HR Team won the silver award for Best Talent Management Strategy at the 2020 Canadian HR Awards. And for the second time, the company was also named one of the Top Mortgage Workplaces for 2020 by the Canadian Mortgage Professional.
In recent years, Centurion’s HR Team has worked hard to develop and implement a Talent Management Strategy catered to the company’s unique corporate culture. The team's passion for human resources management has directly contributed to Centurion’s growth and culture, ensuring that company is able to attract, retain, and develop top talents as it continues to expand its footprint in North America.
Centurion's award-winning HR Team comprises Laura Salvatore (Associate Vice President, Human Capital), Alison Mungy (Senior Talent Acquisition Specialist), and Cassandra Glassen (Generalist, Human Capital).
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Another Exciting Quarter for Centurion
This year has been an exciting and successful one for Centurion and we anticipate 2021 to be even better. In the past couple of months, Centurion Apartment REIT has added four properties to its portfolio with four pending acquisitions.
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A newly constructed multi-residential property in Edmonton, Alberta. The Trax is in the Strathcona community in Edmonton, off Whyte Avenue and Gateway Boulevard, easily accessible to downtown Edmonton. The property offers studio, one-, and, two-bedroom suites with amazing Edmonton views. Centurion has acquired a 100% interest in this property.
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The first off-campus student housing in Calgary, Alberta. The HUB is the first of its kind in Calgary. The property was jointly developed with Campus Suites and is managed by Centurion. Located at 2416 16th Avenue NW, the property houses 486 residential units offering furnished studio, two-bedroom, and three-bedroom suites with amazing city views. Centurion has a 70% interest in this property.
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A brand-new multi-residential property in Kelowna, British Columbia. TRIO is located at 333-337 Drysdale Boulevard in Kelowna’s highly desirable Glenmore neighbourhood. Completed this spring, this brand-new development comprises three, five-storey residential buildings offering 175 suites with a mix of studio, one-bedroom, and two-bedroom units. Centurion has acquired a 100% interest in this property.
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A newly constructed multi-residential property in Québec City, Québec. Quartier QB is located at 2551 Quatre-Bourgeois Boulevard in the heart of Québec City. This new multi-family residential property offers 684 rental units comprising studio, one-, two-, and three-bedroom suites and six penthouse units, as well as 51 furnished rental suites and one guest suite for visitors. Centurion has acquired a 100% interest in this property.
See below for property maps or click the photos to view the announcements.
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CENTURION APARTMENT REIT + CENTURION REOT MERGER
Centurion Asset Management Inc., the asset manager of Centurion Real Estate Opportunities Trust (the ‘Trust”), with the unanimous support of the Independent Trustees, is proposing the merger of the Trust with Centurion Apartment Real Estate Investment Trust (the “REIT”).
Click here to read the full announcement and view the information circular. |
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FUND OVERVIEW
Here are the latest investor resources for each fund. You can also visit each fund's page on Centurion.ca for more information and archived versions of the financial reports.
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For investor management inquiries, please contact or Investor Administration team:
Toll-Free: 1-833-733-5617
Tel: 416-733-5617
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