Centuria Industrial REIT (ASX:CIP) discusses 1H FY17 results

Company Presentations

by Carolyn Herbert

Some highlights from Centuria Industrial REIT's 1H17 results are as follows:

Financial:
- Statutory NPAT of $31.4 million (compared with 1H16 result: $1.6 million)
- Distribution per security: 10.8 cps
- Net tangible assets - $2.36 cps

Operational:
- Portfolio occupancy: 95.1%
- Gearing: 42.9%
- Portfolio WALE: 4.3 years
- Book valuation: $911.9 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.