The Centurion | 2021

Welcome to the second edition of The Centurion for 2021.

In this issue, we share Greg’s latest Wealth Professional interview, our special diversity and inclusion training, our ranking on the list of Best Workplaces™ in Canada List, and more.

We also share Centurion's new and pending acquisitions and provide some updates about Centurion's Funds.

Why 2021 Will See Record Investment Activity in the Multifamily Business

Centurion President and CEO Greg Romundt shares his thoughts on the 2021 outlook of the multifamily industry and the role COVID has played.

Click here for the full article.

Also, visit the News section of our website to read all of our most recent news updates.

“Land of opportunity”: An Exclusive Interview with Centurion President and CEO Greg Romundt

Centurion President and CEO Greg Romundt speaks with Wealth Professional Canada about the growing trend toward rentals in suburban areas and the role the pandemic has played.

Read more here.

FUND UPDATES

Centurion Apartment REIT Opening (Limited Capital Equity Raise) Centurion Asset Management Inc. was pleased to announce a total of $150-million limited capital equity raise for Centurion Apartment Real Estate Investment Trust ("REIT") on April 6, 2021. We encourage interested advisors to connect with Centurion's Wholesale team and investors wishing to subscribe to Centurion Apartment REIT to connect with their advisors.

Temporary Capping of Centurion Financial Trust ("CFIT") Centurion Financial Trust is temporarily capped to new subscriptions as of March 31, 2021. CFIT will remain open for redemptions and continue to make scheduled distributions. Centurion will continue to search for accretive investment opportunities and hopes to re-open to new subscriptions after existing capital has been deployed. Centurion will provide updates on capacity as it becomes available.

FUND OVERVIEW

Here are the latest investor resources for each fund. You can also visit each fund's page on Centurion.ca for additional information and archived versions of the financial reports.

Centurion Apartment Real Estate Investment Trust ("REIT")

Centurion Financial Trust ("CFIT")

PROPERTY NEWS

Another Significant Quarter for Centurion

Over the past five months, Centurion Apartment REIT has added five properties to its portfolio with three pending acquisitions. Since our last newsletter, we acquired the below five properties totaling 1,688 rental units with more to come in the upcoming months.

A brand-new multi-residential property in Langford, British Columbia. Peatt Commons is located at 821 Hockley Avenue in Langford’s Goldstream neighbourhood. This new property brought Centurion's Langford portfolio to eight properties and 573 rental units. The property offers one-bedroom, one-bedroom plus den, and two-bedroom suite options. Centurion’s interest in this property is 100%.

A brand-new multi-residential property in Montreal, Quebec. 3280 Cavendish is located at 3280 Cavendish Boulevard in the heart of the Notre-Dame-de-Grâce neighbourhood. This new property brought Centurion's Montreal portfolio to four properties and 786 rental units. Suites range from studio, one and two-bedroom options with a variety of floorplans. Centurion’s interest in this property is 100%.

Three multi-residential properties in Oshawa and Ottawa, Ontario. The two properties in Oshawa are located at 1140 Mary Street North and 333 Simcoe Street North, just outside of Toronto. 1140 Mary Street North comprises 117 rental units and features a variety of suite options including bachelor, one, two, and three-bedroom units. 333 Simcoe Street North comprises 41 rental units offering one, two, and three-bedroom suites. Centurion’s interest in this apartment portfolio is 100%.

See below for property maps or click the photos to view the announcements.

Map of British Columbia Properties

Map of Quebec Properties