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Centurion Accommodation REIT Launches IPO to Raise S$771.1 Million

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Centurion Accommodation REIT Launches IPO to Raise S$771.1 Million

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Centurion Corporation Limited ( (SG:OU8) ) has shared an announcement.

Centurion Accommodation REIT, managed by Centurion Asset Management Pte. Ltd., has announced its initial public offering (IPO) to raise over S$771.1 million, marking Singapore’s first pure-play REIT focused on purpose-built accommodations. The REIT’s portfolio includes 14 assets valued at approximately S$1.8 billion, with projected distribution yields of 7.47% for 2026 and 8.11% for 2027. The IPO has garnered significant interest from global and regional institutional investors, with cornerstone commitments totaling S$540.4 million.

The most recent analyst rating on (SG:OU8) stock is a Buy with a S$2.01 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 accommodation industry, focusing on purpose-built living spaces. Its primary services include providing purpose-built worker and student accommodations across Singapore, the UK, and Australia.

Average Trading Volume: 2,071,281

Technical Sentiment Signal: Buy

Current Market Cap: S$1.44B

For an in-depth examination of OU8 stock, go to TipRanks’ Overview page.

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