Centurion lifts 1Q revenue 30% on bed expansion, maps pipeline to 85,000 beds

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

Centurion Corporation reported a 30% year-on-year rise in first-quarter 2026 revenue to S$89.4 million, driven by new operational beds in Singapore worker dormitories, expanded student housing in Australia and sustained high occupancy in UK student assets. The Group is benefiting from robust demand drivers such as Singapore’s resilient construction pipeline, tightening dormitory standards, and structural undersupply in key student housing markets.

The company expects its total bed capacity to increase from about 81,388 to roughly 85,470 by 2027, supported by asset enhancement initiatives, new developments and third-party management contracts. It is ramping up NDS-compliant worker accommodation in Singapore, expanding PBWA capacity in Malaysia, growing its EPIISOD-branded PBSA portfolio in Australia and pursuing new projects in Singapore and Johor, while exiting the US PBSA market to concentrate on higher-growth regions.

The most recent analyst rating on (SG:OU8) stock is a Buy with a S$2.10 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 is a Singapore-headquartered owner, developer and manager of specialised accommodation assets, focusing on purpose-built worker accommodation and purpose-built student accommodation. The Group operates across Singapore, Malaysia, Australia, the UK, Hong Kong SAR and China, and is expanding into the build-to-rent and new living segments to grow its assets under management.

Average Trading Volume: 1,316,272

Technical Sentiment Signal: Strong Buy

Current Market Cap: S$1.4B

For detailed information about OU8 stock, go to TipRanks’ Stock Analysis page.