TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
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.