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101 Moray Street, South Melbourne_COF_1200x600

Centuria Office REIT
FY26 interim results

A quality portfolio of highly connected and affordable office space without single market concentration

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Centuria Office REIT HY26 results

Australia’s largest listed pure-play office REIT.

During HY26, 29,354 sqm was leased across 26 transactions1, representing 10.7% of portfolio NLA. COF mitigated more than 71% of FY26 lease expiry risk during the period. Across the portfolio, 7,826 sqm of new leases were secured and 21,529 sqm renewed.

During the period, COF exchanged contracts to divest a non-core B-grade office asset at 9 Help Street, Chatswood NSW2 for $90 million, representing a 12.5% premium to book value. The asset had been held since COF’s IPO in 2014 and the prudent timing of the divestment reflects a 12.3% IRR and a 109% capital uplift.

Like-for-like portfolio revaluations reflected a $42.8 million increase3 or a 2.2% gain on June 2025 book values, marking the second consecutive period of growth.

Reaffirmed FY26 Funds From Operations (FFO)4 guidance of 11.1-11.5 cpu5 and FY26 distribution guidance of 10.1 cpu5.

Quicklinks

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5.6 cpu

HY26 FFO4 delivered

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5.1 cpu

HY26 DPU delivered

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$1.72

NTA6

A Grade_Icon (1)
93%

A-grade offices7

COF HY26 results highlights

Belinda Cheung, Centuria Office REIT Fund Manager, discusses the Fund’s HY26 highlights.

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$1.9bn

Portfolio book value across 19 assets8

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91%

Portfolio occupancy9

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4.1 year

Portfolio WALE10

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5.1

NABERS SPI energy rating11

Providing high quality, highly connected and affordable office space.

Building agesdiscount rentsaccessconnectivity
Portfolio of young assetsCOF exposed market rents average a significant discount to Sydney CBDAccess to wellbeing amenity,
retail & hospitality		Connectivity with key transport nodes & reduced commute times
  1. Includes heads of agreement and executed leases.
  2. 9 Help Street, Chatswood NSW exchanged in December 2025. Settlement expected in June 2026.
  3. Reflects gross increase. Excludes capital expenditure incurred.
  4. FFO is the Trust’s underlying and recurring earnings from its operations. This is calculated as the statutory net profit adjusted for certain non-cash and other items.
  5. Guidance remains subject to unforeseen circumstances and material changes in operating conditions and assumes an FY26 average all in cost of debt of 5.4%.
  6. NTA (Net Tangible Assets) per unit is calculated as net assets divided by number of units on issue.
  7. Management interpretation of PCA guidelines.
  8. Investment properties of $1.9bn includes a $32.4m leasehold asset under AASB 16.
  9. By gross income.
  10. Weighted average lease expiry (WALE) by gross income.
  11. NABERS SPI Energy Rating is for the period 1 July 2024 to 30 June 2025.