Centuria Industrial REIT

ASX:CIP

Industrial property REIT.

Real Estate15 employees
Offshoring Summary
Figures reported in public sources at the dates shown. Current numbers may differ.

Reported Offshore Headcount

116+

reported 1 Jan 2025Centuria Industrial REIT Modern Slavery Statement

Estimated % of Workforce

~773.3%

illustrative — not directly reported by the company

Destination Countries

🇵🇭 Philippines

Modern slavery statement: 116 contracted personnel in Manila for finance, accounts and property services.

Financial Context

Market Cap

$1.8B

Revenue

$238M

Estimated Wage Differential

~$10M/yr

Estimate uses avg AU employment cost of $110,000+/yr (incl. super and on-costs) vs offshore $25,000/yr (salary + on-costs). Actual figures vary by role, seniority, and location.

In Plain English

  • In 2025, Centuria Industrial REIT was reported to have 116+ offshore contractors and staff.
  • This represents ~773.3% when compared to its current workforce of 15 (illustrative comparison only — not directly reported by the company).
  • 🇵🇭 116+ staff reported in Philippines in Back Office.

Based on data from public sources at the dates reported. Figures may not reflect current headcount. See sources below for full attribution.

Department Breakdown

DepartmentCountryHeadcountConfidence
Back Office🇵🇭 Philippines116Estimated

Other Real Estate Companies That Offshore

Other companies in real estate with reported offshore operations.

CompanyASXReported OffshoreOffshore Destinations
Centuria CapitalCNI116+
🇵🇭 Philippines

What Public Sources Say

All information below is sourced from publicly available documents and reporting. Excerpts are direct quotes. Click source links to verify.

Additional Sources

Modern Slavery StatementCenturia Industrial REIT Modern Slavery Statement30 Jun 2025

This profile is based on publicly available information at the time of publication. It may not reflect current operations and should not be treated as a complete picture. We publish what we can verify — not everything that exists.

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