Centuria Office

Centuria Office REIT FY21 Results Hold Steady

uria Office REIT, Australia’s largest listed pure-play office REIT, has announced its Full Year financial results for the period ended 30 June 2021 with Funds from Operations up 16% but distribution yield slightly lower than FY20 at 7%.

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Centuria Office Tightens Guidance Range

Centuria Office REIT, Australia’s largest listed pure-play office fund, announced its Q3 FY21 update which show strong leasing activity throughout the March quarter resulting in the REIT tightening its guidance range.

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COVID Continues to Disrupt Centuria

Centuria Office Fund provided a trading update for Q1, 2021, revealing COVID impacts continue to disrupt income and occupancy levels across the portfolio, though there's hope for a return to normal.

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Centuria Office to Lower Distributions

The Centuria Office REIT results showed the fund delivering well in FY20, but is forecasting a -7% drop in distributions in 2021 in light of the challenging operating conditions resulting from COVID-19.

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