Centuria Office REIT's Earnings May Not Rise Until FY 2029 -- Market Talk

Dow Jones05-22 07:30

2325 GMT [Dow Jones]--Centuria Office REIT is facing multiple headwinds to earnings, says Bell Potter. They include tricky conditions in key exposed markets, rising interest rates and dilutionary asset sales. "Analysis of Centuria Office REIT's key non-CBD sub-markets suggests a longer-than-anticipated recovery, with vacancies and incentives remaining elevated and net effective rent growth muted," analyst Michael Armstrong says. Bell Potter forecasts Centuria Office REIT's earnings declining in FY27, holding in FY28, before returning to growth in FY29. It retains a hold call on the stock, while its price target falls 9.5% to A$0.95/share. Centuria Office REIT ended Thursday at A$0.92. (david.winning@wsj.com; @dwinningWSJ)

 

(END) Dow Jones Newswires

May 21, 2026 19:30 ET (23:30 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment