Centuria Metropolitan REIT (ASX:CMA): FY19 Results Presentation

Company Presentations

Centuria Metropolitan REIT (ASX:CMA) Fund Manager, Grant Nichols, presents the company's FY19 results.

Highlights:

Actively managing portfolio:

  • Accounts for around 23% of Centuria Capital Group’s total assets under management
  • Maintains high portfolio occupancy of 98.4%
  • Produced $61.2 million in funds from operations, with 17.6 cents per unit paid to unitholders as a distribution
  • FY19 over 21,750 sqm of leases were agreed

Australia’s largest pure play listed office REIT:

  • CMA’s market capitalisation grew to over $1 billion
  • Delivering a 12 month total return of over 22% to 30 June 2019

FFO Guidance:

  • For FY20, our FFO guidance is 19.0 cents per unit and distribution guidance of 17.8 cents per unit.

For more, watch Fund Manager Grant Nichols present.