Centuria Office REIT Faces Financial Downturn

Centuria Office REIT (AU:COF) has released an update.

Centuria Office REIT reported a decrease in total revenue and funds from operations by 4.98% and 11.66% respectively for the year ending June 30, 2024, compared to the previous year. The company also faced a significant loss attributable to members, which increased by 83.56%. Despite these challenges, the REIT maintained consistent distribution payments of 3.000 cents per unit for each quarter.

For further insights into AU:COF stock, check out TipRanks’ Stock Analysis page.