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Centuria Office REIT Reports Decline in Revenue and Asset Value

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Centuria Office REIT Reports Decline in Revenue and Asset Value

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Centuria Office REIT ( (AU:COF) ) has shared an announcement.

Centuria Office REIT reported a decrease in total revenue and other income by 4.50% and a decline in funds from operations by 14.39% for the year ending June 2025. Despite a significant reduction in the loss attributable to members by 88.28%, the company suspended its Dividend Reinvestment Plan for the year. The net tangible assets per security also decreased from $1.80 to $1.67, indicating a slight decline in asset value. The distributions for the year were declared at a lower rate compared to the previous year, reflecting the company’s cautious approach amidst challenging market conditions.

The most recent analyst rating on (AU:COF) stock is a Sell with a A$1.35 price target. To see the full list of analyst forecasts on Centuria Office REIT stock, see the AU:COF Stock Forecast page.

More about Centuria Office REIT

Centuria Office REIT operates in the real estate investment trust (REIT) industry, focusing on office properties. The company primarily deals with the acquisition, management, and leasing of office spaces, catering to businesses and organizations seeking commercial real estate solutions.

Average Trading Volume: 858,634

Technical Sentiment Signal: Buy

Current Market Cap: A$773.6M

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

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