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Centuria Industrial REIT Reports Strong Financial Performance for 2024

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Centuria Industrial REIT Reports Strong Financial Performance for 2024

Centuria Industrial REIT ( (AU:CIP) ) just unveiled an announcement.

Centuria Industrial REIT reported a significant increase in net profit for the period ending December 2024, with a 414.03% rise compared to the previous year. The company also declared quarterly distributions for 2024, maintaining a stable net tangible asset per share, indicating robust financial health and a positive outlook for stakeholders.

More about Centuria Industrial REIT

Centuria Industrial REIT (CIP) operates in the real estate investment trust industry, focusing on industrial properties. The company is involved in acquiring, managing, and developing industrial real estate assets, catering to businesses requiring warehouse and logistics facilities.

YTD Price Performance: 3.90%

Average Trading Volume: 1,716,875

Technical Sentiment Consensus Rating: Hold

Current Market Cap: A$1.86B

Find detailed analytics on CIP stock on TipRanks’ Stock Analysis page.

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