Centurion Accommodation REIT posts higher-than-expected $36.1m net property income
Earnings per unit reach 0.56 cents whilst distributions total $30m.
Centurion Accommodation REIT reported a net property income of $36.08m for the financial period from 12 August 2025 to 31 December 2025, 4.1% higher ahead of forecast, according to a financial statement.
Earnings per unit for the period reached 0.56 cents on a basic and diluted basis. The trust also generated gross revenue of $50.65m.
The amount available for distribution to unitholders totalled approximately $30m, with distribution per unit at 1.74 cents for the period from the 25 September 2025 listing date to year-end.
The portfolio comprises 15 assets across Singapore, the United Kingdom, and Australia, with a total valuation of $2.2b. Financial occupancy for purpose-built worker accommodation assets stood at 97.6%, whilst student accommodation assets recorded 99.1% occupancy.
The group maintained an aggregate leverage ratio of 30.7%, including the acquisition of Epiisod Macquarie Park in Sydney, Australia, completed on 13 January 2026 for $295.94m (AU$345m). Debt headroom stands at $348m based on a 40% leverage threshold.
Management confirmed that these interim financial statements have not been audited or reviewed by external auditors.
(AU$1 = SG$0.86)