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Centurion Accommodation REIT Expands Capacity at Westlite Toh Guan

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Centurion Accommodation REIT Expands Capacity at Westlite Toh Guan

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An update from Centurion Corporation Limited ( (SG:OU8) ) is now available.

Centurion Accommodation REIT has received approval to expand its capacity at Westlite Toh Guan by retaining 664 beds until December 2028, despite an initial plan to reduce them to comply with a maximum capacity limit. This expansion is significant for Centurion’s operations as it enhances their accommodation offerings, potentially strengthening their market position and providing more housing solutions for foreign employees.

The most recent analyst rating on (SG:OU8) stock is a Buy with a S$1.90 price target. To see the full list of analyst forecasts on Centurion Corporation Limited stock, see the SG:OU8 Stock Forecast page.

More about Centurion Corporation Limited

Centurion Corporation Limited operates in the real estate investment sector, focusing on accommodation solutions. Its primary services include managing and expanding dormitory facilities, particularly for foreign employees, under its Centurion Accommodation REIT.

Average Trading Volume: 1,949,553

Technical Sentiment Signal: Buy

Current Market Cap: S$1.11B

Learn more about OU8 stock on TipRanks’ Stock Analysis page.

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