Centuria Office REIT Posts Lower Number of Lease Terms Secured in Fiscal Q3

MT Newswires Live

05/12

Centuria Office REIT (ASX:COF) reported 5,742 square meters (sqm) of lease terms agreed upon across 11 transactions, including 2,263 sqm of new leases and 3,479 sqm of renewals, during the fiscal third quarter, according to a Tuesday filing with the Australian bourse.

A year ago, 8,467 sqm of lease terms were agreed upon across 11 separate transactions, an earlier filing showed.

The company also recorded a four-year weighted average lease expiry and 90% portfolio occupancy, the filing said.

Additionally, the company revised its fiscal 2026 funds from operations (FFO) guidance range to AU$0.111 to AU$0.113 per unit and reaffirmed its distribution guidance of AU$0.101 per unit, per the filing.

The previous FFO guidance was in the range of AU$0.111 to AU$0.115 per unit.

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