• $168m off-market acquisition of Australia's largest hydroponic glasshouse
• Expands Centuria's agriculture AUM to $820m, a 25% increase
• Facility operated by Perfection Fresh with 17.4-year lease

Centuria Capital Group (ASX: CNI) has secured Australia's largest hydroponic glasshouse in a $168 million off-market transaction, which grows Centuria's agriculture AUM to $820 million, a 25% increase since FY26 commencement. The acquisition was secured by the unlisted Centuria Agriculture Fund (CAF) from Fresh Country Farms of Australia. Perfection Fresh operates the facility in Two Wells, South Australia, secured by a 17.4-year triple-net lease. The 166-hectare site comprises five glasshouses across 43 hectares, storage dams, an evaporation dam, packing shed, fertigation and boiler room and other amenities. It has extensive irrigation infrastructure and an onsite electrical generating plant equipment that supports year-round production of snacking tomatoes, baby cucumbers and other snacking vegetable varieties each year. Following settlement, CAF's portfolio increases to $0.6 billion across six assets providing a 16.2-year WALE and 100% occupancy. The acquisition increases the Group's agricultural portfolio to more than 150 hectares of glasshouse assets and over 160 hectares of protected cropping agriculture. In the 12 months to 30 September 2025, CAF delivered an 11.4% total net return. Since inception (20 July 2022), CAF has delivered a total net return of 5.95% per annum.