Centuria Industrial REIT (AU:CIP) has released an update.
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Centuria Industrial REIT reported a strong start to FY25 with significant leasing activity and successful asset sales, achieving a 54% positive re-leasing spread. The company divested non-core assets at a premium and secured a strategic land acquisition, enhancing its urban infill portfolio. Centuria remains optimistic about its development pipeline and sustainability initiatives, reaffirming its financial guidance for the year.
For further insights into AU:CIP stock, check out TipRanks’ Stock Analysis page.