Centuria Office (COF) Q3 2026 TU earnings summary

Executive summary

• Achieved 5,742sqm of new and renewed leases in Q3 FY26, with strong activity in Brisbane fringe assets.

• Portfolio occupancy at 90% and weighted average lease expiry (WALE) at 4.0 years.

• Year-to-date leasing exceeds 35,000sqm, supporting strategic priorities to address vacancies and expiries.

Financial highlights

• Re-leasing spreads increased by 8.6%, driven by rent growth in key Brisbane assets.

• FY26 funds from operations (FFO) guidance revised to 11.1–11.3 cents per unit (cpu).

• Distribution guidance reaffirmed at 10.1 cpu for FY26.

Outlook and guidance

• Optimistic medium-term outlook for Australian metropolitan office markets.

• Diminishing supply and rising rates expected to support market rent growth and future valuations.

• Guidance remains subject to unforeseen circumstances and material changes in operating conditions.