Subscribe

Centuria Industrial REIT (CIP)

FY21 Results - Transformational Growth

Centuria Industrial REIT (ASX: CIP) reported FY21 Results for the 12 months to 30 June 2021.

FFO was in line with CIP’s upgraded guidance of 17.6cpu, with distributions of 17.0cpu, representing a payout ratio of 97%. Both represent a reduction on a per unit basis in comparison to FY20, (FFO -7% and distributions -9%) however, come as a result of the high level of acquisitions to strengthen the portfolio.

Download our report for the full details.

Published - 26/08/2021

Core Property Rating - ACCUMULATE

Target - $4.20

This publication is not and should not be construed as, personal financial product advice, an offer to sell or the solicitation of an offer to purchase or subscribe for any investment. Any opinion contained in the Report is unsolicited general information (general financial product advice) only. Read more here.