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An update from Centuria Industrial REIT ( (AU:CIP) ) is now available.
Centuria Industrial REIT announced its FY25 financial results, reporting a 2% increase in Funds From Operations (FFO) to $110.9 million, aligning with its guidance. The company maintained a strong balance sheet with a 33.2% pro forma gearing and 86% debt hedged. CIP’s strategic divestments, totaling $140 million, were executed at an average 12% premium to book value, supporting a $60 million on-market buy-back. The REIT’s portfolio showed robust performance with a 34% positive re-leasing spread and a 5.86% Weighted Average Capitalisation Rate, indicating strong market positioning. Looking forward, CIP anticipates further earnings growth, driven by its exposure to high-demand urban infill markets and strategic capital management.
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 (CIP) is Australia’s largest domestic pure-play industrial real estate investment trust. The company focuses on investing in industrial properties, particularly in urban infill markets across Australia, with a significant presence on the east coast. CIP’s portfolio includes a diverse range of assets aimed at capturing rental growth opportunities in high-demand areas.
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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