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)
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