tiprankstipranks
Centuria Office REIT Reports Stable Performance Amid Market Gains
Company Announcements

Centuria Office REIT Reports Stable Performance Amid Market Gains

Centuria Office REIT (AU:COF) has released an update.

Don't Miss our Black Friday Offers:

Centuria Office REIT (COF) has announced a stable Q1 FY25 performance with a 91.2% occupancy rate and a 4.2-year weighted average lease expiry. The company has successfully refinanced $862 million in debt and secured a 10-year lease with ResetData, enhancing its portfolio value. COF reaffirms its FY25 guidance, projecting a distribution yield of 8.4%, as market conditions for office spaces show signs of improvement.

For further insights into AU:COF stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskCenturia Capital Group Releases Climate Disclosures
TipRanks Australian Auto-Generated NewsdeskCenturia Capital Group Releases 2024 Sustainability Report
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App