Australia · Delayed Price · Currency is AUD Centuria Industrial REIT Earnings Call Transcripts
Fiscal Year 2026
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Strong HY 2026 results driven by robust leasing, valuation gains, and proactive capital management, with upgraded FFO guidance and significant upside from under-rented leases. Data centre exposure and development pipeline offer further growth, while capital allocation prioritizes buybacks and accretive developments.
Fiscal Year 2025
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Strong FY 2025 results featured NOI and FFO growth, asset sales at a premium, and a $60M buyback. FY 2026 guidance anticipates up to 6% FFO growth, supported by under-rented leases and stabilized debt costs. Urban infill focus and development pipeline position the portfolio for continued value creation.
Fiscal Year 2024
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FY 2024 saw strong leasing, high occupancy, and solid FFO growth, with 43% average re-leasing spreads and a robust balance sheet. Guidance for FY 2025 anticipates continued rental growth, a stable payout ratio, and a significant development pipeline, despite higher debt costs.