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An announcement from Centuria Industrial REIT ( (AU:CIP) ) is now available.
Centuria Industrial REIT reported a significant increase in net profit for the year ended June 30, 2025, with a 176.35% rise to $133.061 million compared to the previous year. Total revenue and other income also saw a substantial increase of 25.29%, reaching $285.564 million. The company declared consistent quarterly distributions, with a slight increase in the payout for the September 2024 quarter. The net tangible assets per unit also rose from $3.87 to $3.92, indicating a stable financial position. The announcement reflects the company’s strong operational performance and suggests a positive outlook for stakeholders, reinforcing its position in the industrial real estate market.
The most recent analyst rating on (AU:CIP) stock is a Hold with a A$3.85 price target. To see the full list of analyst forecasts on Centuria Industrial REIT stock, see the AU:CIP Stock Forecast page.
More about Centuria Industrial REIT
Centuria Industrial REIT (ASX: CIP) operates in the real estate investment trust sector, focusing on industrial properties. The company is engaged in the acquisition, ownership, and management of a diversified portfolio of industrial assets across Australia, catering primarily to logistics, warehousing, and manufacturing industries.
Average Trading Volume: 1,528,481
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$2.01B
Learn more about CIP stock on TipRanks’ Stock Analysis page.
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