Centuria Office

Centuria Office REIT (ASX: COF’s), 2023 Financial Year (FY23) results show strong leasing activity improved its portfolio occupancy to more than 97%.

Centuria Office REIT (ASX: COF) has completed external valuations on 13 of its 23 investment properties as at 30 June 2023, representing approximately 70% of the portfolio by value.

Australia’s largest listed pure-play office fund, Centuria Office REIT (ASX: COF), has opened Adelaide’s newest office building at 57 Wyatt Street within the capital’s CBD, celebrating the milestone with the asset’s new tenant customers.

Australia’s largest listed pure-play office fund, Centuria Office REIT (ASX: COF), has reported a 53% year-on-year increase in leasing transactions across its portfolio[iv], reflecting improving tenant demand for quality metropolitan, near city and regional office buildings.

Australia’s largest listed pure-play office fund, Centuria Office REIT (ASX: COF), has leased c.30,000sqm across its Australia-wide portfolio during HY23, which materially increased its occupancy to a healthy 96.4%.

Centuria Office REIT provided an operating update for Q1 FY23 and reaffirmed its distribution guidance of 14.1 cpu, representing a FY23 distribution yield of 9.9% based on its current trading price.

Centuria’s Office REIT is targeting a 6 Star NABERS Energy Rating at 818 Bourke Street having implemented a range of ESG initiatives to improve outcomes for the building and to attract new tenants to 10,700sqm of space currently available.

Centuria Office REIT has provided positive year end 2022 results having navigated through COVID impacts, rising inflation and subsequent interest rates increases.

Centuria Office Fund has acquired 57 Wyatt Street, Adelaide, as a fund-through investment into a high-quality boutique office building with Centuria Developments responsible for delivery.

The Centuria Office REIT has provided an update on its 3rd Quarter activities confirming the sale of an Adelaide asset and re-affirming its previous guidance on distributions.

Australia’s largest ASX-listed pure-play office fund, Centuria Office REIT, has leveraged positive tailwinds in Australia’s metropolitan and near-city office markets to deliver strong interim results for the first half of the 2022 Financial Year.

The Centuria Office REIT has provided an update on the 2nd quarter progress with valuation gains and higher income leading to improved returns for investors.

Centuria Office REIT provide an operating update for Q1 FY22, with expectations of a strong return to Metro office locations as lockdown conditions ease.

Centuria Office REIT (COF), has acquired two high-quality office acquisitions in key near-city and metropolitan Melbourne and Sydney markets for a total purchase price of $273.1 million

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%.