0701 GMT - Centurion Accommodation REIT's growth potential appears unmatched, says DBS Group Research's Geraldine Wong and Derek Tan in a note. The lodging-focused REIT's assets benefit from robust-demand supply dynamics stemming from tightening dormitory regulations and high student-to-bed ratios in the U.K. and Australia, the analysts say. This and a 35% expansion in total beds is likely to drive a 15% compound annual growth rate in distributable income from 2025-2027, they add. Bed rents renewals at higher rates could directly boost its distributions per unit, they add. They expect 2026 and 2027 DPU at S$0.069 and S$0.0763, respectively. DBS starts coverage on Centurion Accommodation with a buy rating and S$1.30 target price. Units rise 1.0% to S$1.04. (megan.cheah@wsj.com)
(END) Dow Jones Newswires
November 10, 2025 02:01 ET (07:01 GMT)
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