Centuria Office REIT Achieves 91% Occupancy Rate, Maintains Fiscal Year 2025 FFO Guidance

MT Newswires Live
2024-10-29

Centuria Office REIT (ASX:COF) achieved a 91.2% occupancy rate and a 4.2-year weighted average lease expiry for the fiscal first quarter ended September.

The REIT has refinanced AU$862 million in debt and secured a 10-year lease with edge data center provider ResetData, according to a Tuesday filing with the Australian bourse.

Centuria Office REIT maintained its funds from operations guidance of AU$0.118 per unit and distribution guidance of AU$0.101 per unit for the full fiscal year.

Price (AUD): $1.18, Change: $-0.015, Percent Change: -1.26%

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