News and media
Find here all the news from the Centuria Office REIT (ASX:COF).
14.06.2017
Centuria Metropolitan REIT and Centuria Urban REIT to merge
Overwhelming investor support: 99.9 per cent positive unitholder vote Centuria’s listed property division today announced it will merge its two listed property trusts, Centuria Metropolitan REIT (ASX: CMA) and Centuria Urban REIT (ASX: CUA). Separate unit holder meetings conducted this morning saw unitholders for both funds vote to merge their respective REITs with over 99.9 per cent approval.
09.02.2017
CMA Announces Strong 1H17 Interim Result
Centuria Property Funds Limited (CPFL), as Responsible Entity of Centuria Metropolitan REIT (CMA) announced CMA’s half year financial results ended 31 December 2016. Key Highlights Statutory net profit of $27.1 million Distributable earnings[1] of $10.9 million representing 9.1 cents per security (“cps”) Increase in total assets of 14.2% to $440.6 million Net tangible assets (“NTA”) has increased by 14 cps to $2.32 per security CMA’s portfolio value has increased by 4.7% to $417.5 million[2] Gearing 33.8%[3],
