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Centuria Capital Group (CNI) investor relations material
Centuria Capital Group H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Operating NPAT rose to $100.8 million, up 6.4% year-over-year, with operating EPS at $0.122, both exceeding guidance.
Statutory NPAT was $82.7 million, reflecting fair value impacts and non-operating items.
Assets under management reached $20.6 billion, with 95% occupancy and a 5.3-year WALE across 370+ properties.
Strong unlisted real estate performance, with $7 million in performance fees booked and $32 million collected.
Launch of Australia’s largest single-asset unlisted industrial fund and completion of the first public sovereign AI Factory, positioning for new revenue streams.
Financial highlights
Operating EBITDA from property funds management was $59.6 million, and property investment segment contributed $87.7 million in EBITDA.
Property and development finance earnings rose to $27 million, with Centuria Bass AUM up 21% to $2.3 billion.
$2.9 billion in total transaction activity, including $489 million acquisitions and $1,529 million divestments.
Net asset value per security steady at $1.79; operating gearing at 12.3%; look-through gearing at 36.9%.
Distribution per security was $0.104, up from $0.10.
Outlook and guidance
FY 2026 operating EPS guidance of $0.134, a 10% increase over FY 2025, and targeting over $1 billion in real estate acquisitions.
Anticipates increased performance fees and profitability from ResetData AI Factory starting Q2 FY 2026.
Industrial REIT (CIP) FY 2026 FFO guidance: $0.18–$0.185 per unit; Office REIT (COF) FFO: $0.111–$0.115 per unit.
Distribution guidance of $0.104 per security, with payout ratio being gradually aligned to peers.
Anticipated strong earnings growth driven by stabilizing real estate markets and falling AU/NZ cash rates.
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