Australia’s largest ASX listed pure play office REIT
Centuria Office REIT (ASX:COF) today announced HY21 interim results to 31 December 2020.
Centuria Capital is the manager of the Centurial Office REIT. Through the scale and expertise under Centuria management, COF has grown to be Australia’s largest pure-play office REIT with a $2.0bn portfolio, whilst significantly de-risking the platform through active asset management, repositioning and fortifying the balance sheet.
Centuria Office REIT Fund Manager, Grant Nichols discusses the Fund’s HY21 highlights.
Providing high quality, highly connected and affordable office space.
|Balanced geographic diversification without single market concentration||Connectivity with key transport nodes & reduced commute time||Access to recreational amenity, essential retail & hospitality||Average building age is|
|COF exposed market rents average a significant discount to Sydney CBD|
Centuria Office REIT Fund Manager, Grant Nichols presents the fund’s HY21 performance
1 Guidance remains subject to unforeseen circumstances and material changes in operating conditions
2 Gearing is defined as total borrowings less cash divided by total assets less cash and goodwill
3 Undrawn capacity excludes a $1.5m bank guarantee held as security over the 46 Colin Street, West Perth WA ground lease. Adjusted to include the proceeds from the sale of 465 Victoria Avenue, Chatswood, NSW
4 By gross income