Tag Archives: COF

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.

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

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%.

Centuria Office REIT has completed $405 million of debt refinancing, and obtained external valuations on 14 of its 22 properties as at 30 June 2021, resulting in a $16.3 million increase.

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.

Centuria Office continues to trade at a -20% discount to NTA despite as markets continue to price in risk in the office sector.

The Centuria Office REIT has entered into an unconditional contract for the sale of its 25% interest in 465 Victoria Avenue, Chatswood NSW for $44.7 million.

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.

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.

Centuria Office REIT has announced it has secured an additional seven-year debt facility from Crédit Agricole, increasing their undrawn capacity by approx $60m.