Centuria Metropolitan REIT (ASX:CMA): Half-year results presentation

Company Presentations

by Carolyn Herbert

Centuria Metropolitan REIT (ASX:CMA) 1H 2017 financial highlights:

- Statutory net profit of $27.1 million compared to $19.3 million profit in 1H 2016
- Distributable earnings of $10.9 million
- Distributable earnings per security of 9.2cps
- Distribution of $10.4 million
- Total assets of $440.6 million compared to $385.7 million in 1H 2016
- Gearing of 33.8 per cent


Other highlights:

- Portfolio occupancy of 98.9 per cent
- Portfolio WALE of 4.2 years
- Book valuation of $417.5 million 

Carolyn Herbert

Finance News Network
Carolyn joined FNN in August 2015 as the Head of News and also presents the Market at Midday and the Market Wrap. With more than five years of broadcast journalism experience, Carolyn has worked as a finance anchor on the Sky News Business channel and as an anchor and reporter for ABC News. She is also a qualified corporate lawyer specialising in IPOs, takeovers and mergers and acquisitions.