Joint CEO John McBain’s 40-year real estate career spans Australian, New Zealand and British markets, focused on the industrial and office sectors. He is an Executive Director of Centuria Capital Group, Centuria Life Limited, Centuria Healthcare Pty Limited, Augusta Capital Limited, Augusta Funds Management limited and a Director of Asset Plus Limited (NZX: APL). John is chiefly responsible for the company’s corporate governance, macro and long-term strategic direction, mergers and acquisitions, and he jointly steers the Senior Executive Committee. The Finance, Company Secretarial, Compliance, Investor Relations, Marketing, Communications and Life Bonds teams report directly to John.
Since 2007, John has helped integrate several businesses into the company’s fold, including the former 360 Capital Group (2016), a 63% interest in Heathley Asset Management (2019) and, more recently, the full takeover of Augusta Capital Limited (2020).
His career began after graduating with a qualification in property valuation from The University of Auckland. He worked in commercial development before relocating to London, as part of a UK-NZ joint venture, responsible for development and investment projects. In the early 1990s, John emigrated to Sydney and founded Hanover Property Group, which resuscitated distressed commercial assets.
He then ventured into commercial property securitisation, establishing a successful track record, which ultimately lead to co-founding Century Funds Management with Jason Huljich in 1999. It sold to the Over Fifty Group in 2006. In 2007, John and Jason regained control of the entity and rebranded it as Centuria Capital Limited, building it into a leading property funds manager with A$9.4 billion of assets under management across Australia and New Zealand.