Centuria Office (COF) Q1 2026 TU earnings summary

Executive summary

• Achieved 23,442sqm of lease terms agreed across 16 transactions in Q1 FY26, marking the most significant quarterly leasing result to date.

• Portfolio occupancy reached 91.1% with a 4.1-year WALE as of 30 September 2025.

• Reaffirmed FY26 FFO guidance of 11.1–11.5cpu and distribution guidance of 10.1cpu, with an annualised distribution yield of 8.4%.

Financial highlights

• FY26 FFO guidance maintained at 11.1–11.5cpu and distribution guidance at 10.1cpu.

• Annualised distribution yield stands at 8.4%, based on a closing unit price of $1.20 as of 30 September 2025.

Outlook and guidance

• Management remains optimistic about medium-term office market performance, expecting reduced future supply due to higher replacement costs and office withdrawals.

• Distributions are expected to be paid quarterly.