新闻
Centurion Accommodation REIT: 1Q 2026 Net Property Income Of S$37.5 Million Outperforms Prospectus Forecast By 2.4%.
06 May 2026 10:12Gross Revenue of S$52.5 million and Net Property Income of S$37.5 million for 1Q 2026 exceeded Prospectus Forecast by 2.7% and 2.4% respectively, driven by higher occupancy and rental rates, as well as a stronger GBP and AUD. New capacity at Westlite Toh Guan and Westlite Mandai is progressively ramping up, with encouraging leasing demand. Entry into the Sydney PBSA market through the EPIISOD Macquarie Park acquisition, supported by a two-year master lease contributing A$14.1 million for FY 2026 and increasing portfolio valuation by 16.5% to S$2.19 billion...
More information available here.
Source: ShareInvestor Express
