• Centuria Capital Group
    HY21 Interim Results

    A leading real estate funds manager with a unique Australasian focus.

    FY20 Annual Results

    Centuria Capital Group

$10.2bn
Group
AUM
 

$1.5bn
HY21 Gross
Real estate
Acquisitions1

$1.6bn
Development
pipeline2
 

Centuria Capital Group
Interim Results FY21

Platform growth of 16% to $10.2bn in HY21 supported by a dual growth strategy of direct real estate and corporate acquisitions

Centuria Capital Group (ASX:CNI) is a leading real estate funds manager with a unique Australasian focus and today announced HY21 interim results to 31 December 2020. Key highlights from the announcement include:

  • HY21 operating earnings3 6.2cps, HY21 distribution 4.5cps
  • FY21 guidance:
    • Upgraded distribution4 guidance to 10.0cps
    • Operating earnings5 guidance 11.5c – 12.5cps
  • 16% growth in AUM to $10.2bn in HY21
  • Record HY21 direct real estate acquisitions – $1.5 billion1
  • $1.6bn2 development pipeline
  • 12 month total securityholder return (TSR6) of 22.0%

CNI HY21 results highlights

John McBain and Jason Huljich, Centuria Capital Group Joint CEOs, present the highlights of the CNI HY21 results.

6.2cps
HY21 Operating
Earnings3

4.5cps
HY21 Distributions
Delivered

10.0cps
FY21 Distribution
Guidance4

Weighted Portfolio

CNI AUM HY21

CNI HY21 results presentation

Centuria Capital Group Joint CEO, John McBain presents the CNI HY21 results including the growth in group assets under management (AUM) to $10.2 billion and its outlook.


1 Includes 6-8 Munroe Lane, Albany, Auckland, NZ valuation on an as if complete basis
2 Development projects and development capex pipeline, including fund throughs
3 Operating EPS is calculated based on the Operating NPAT of the Group divided by the weighted average number of securities
4 Initial FY21 DPS guidance of 8.5 cents announced on 12 August 2020. FY21 DPS guidance upgraded to 9.0cps on 22 October 2020. FY21 DPS guidance upgraded to 10.0cps on 10 February 2021
5 Initial FY21 operating EPS guidance of 10.5 – 11.5 cents announced on 12 August 2020. Upgraded FY21 EPS guidance range of 11.5-12.5cps announced on 22 October 2021
6 Source: Moelis Australia. Based on movement in security price from ASX closing on 1 January 2020 to ASX closing on 31 December 2020 plus distributions per security paid during the respective period(s) assuming re-investment of all distributions. Past performance is not a reliable indicator of future performance