Media ReleasesCenturia Capital Group

View All Centuria Capital Group News


Centuria Capital Group, Results Briefing, 1H17 for Period Ended 31 December 2016

Group 1H17 operating highlights

• Completed acquisition of majority of 360 Capital Group’s real estate funds management platform in January 2017 which contributed to:

− An increase in Group FUM of 95% from $1.9 billion to $3.7 billion
− An increase in recurring income to 77% of total revenue

• Reaffirm FY17 guidance:

− Operating NPAT guidance of $14.9 million
− Operating EPS guidance of 9.9 cents per security
− DPS guidance of 7.5 cents per security 1

• 1H17 operating NPAT of $2.9 million and an interim distribution of 2.30 cents per stapled security

• Organic growth within the Property Fund Management business:

− Acquisitions of $324 million
− Asset revaluations of $97 million

• Transformational period for Centuria:

− Significant diversification of real estate platform (three REITs plus unlisted portfolio)
− Substantial increase in market capitalisation (to $261 million)


To view Briefing please download PDF attached: 
Download this document

Subscribe to our Daily Newsletter?

Would you like to receive our daily news to your inbox?