Centuria Capital Group
(ASX:CNI) reported a rise in their annual operating NPAT for the period ending 30 June 2019 to $45.7 million from $45.1 million in the prior corresponding period.
Their Real Estate division expanded to $5.3 billion, that's up 33 per cent from Fiscal Year 2018, with acquisitions across both listed and unlisted divisions.
The company entered into the healthcare real estate sector through the formation of Centuria Heathley.
In June 2019, the Centuria board appointed Jason Huljich Joint CEO alongside John McBain together with appointing Ross Lees as Head of Funds Management.
Today, Centuria announces its FY20 forecast distribution guidance of 9.7 cents per stapled security, 4.9 per cent up on FY19 actual 9.25 cents per share.
Centuria Capital Group
(ASX:CNI) are flat at $2.05.
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Centuria's co CEO John McBain discuss the results.
