• Unconditional contract of sale executed for $86.025 million
• Represents a 1.1% premium to fair value as of 31 December 2025
• Extended settlement maintains FY2026 distribution guidance

Centuria Capital Group (ASX: CNI) has executed an unconditional contract of sale with a wholly owned subsidiary to sell the Chadstone Homeplus Homemaker Centre in Victoria for $86.025 million. This price represents a 1.1% premium to the fair value of $85.1 million as at 31 December 2025. Following a recent Bunnings lease extension to 31 July 2030, the company undertook an extensive review of the property, resulting in a public sales campaign that attracted compelling offers from several national investors. Managing Director Mark Scatena stated that the divestment is considered to be in the best interests of securityholders and reflects the company's strategic focus on portfolio renewal. The transaction demonstrates BWP's ability to leverage its asset management capability by extending the property's weighted average lease expiry to maximize asset value. The sale price of $86.025 million represents a realised internal rate of return of 15.21% since the property's acquisition in 2024 as part of the Newmark portfolio of nine assets. The proceeds from the divestment will initially be applied to reduce drawn debt, and settlement is anticipated in June 2026.