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The latest update is out from Centurion Accommodation REIT ( (SG:8C8U) ).
Centurion Accommodation REIT has announced the utilization of approximately S$4.6 million for transaction costs and S$30.1 million of working capital to repay a revolving credit facility. This financial maneuver is part of the company’s strategic efforts to optimize its capital structure, potentially enhancing its operational efficiency and financial stability, which could positively impact its stakeholders and market positioning.
The most recent analyst rating on (SG:8C8U) stock is a Buy with a S$1.30 price target. To see the full list of analyst forecasts on Centurion Accommodation REIT stock, see the SG:8C8U Stock Forecast page.
More about Centurion Accommodation REIT
Centurion Accommodation REIT is a real estate investment trust established under the laws of the Republic of Singapore. The company focuses on providing accommodation solutions, likely within the real estate sector, and operates under the management of Centurion Asset Management Pte. Ltd.
Average Trading Volume: 9,415,204
Find detailed analytics on 8C8U stock on TipRanks’ Stock Analysis page.