Centuria Office (COF) Q1 2027 TU earnings summary

Executive summary

• Q1 FY27 delivered 6,937sqm of leasing terms across 10 transactions, positive re-leasing spreads and lower FY27 lease expiry exposure.

• Leasing progress, sustainability initiatives and disciplined capital management supported reaffirmed FY27 guidance.

Financial highlights

• Positive re-leasing spreads were 4.1%; approximately 60% of leasing activity comprised portfolio renewals.

• Distribution guidance of 9.0 cpu equates to a 10.6% yield based on the $0.85 closing price on 13 October 2026.

Outlook and guidance

• FY27 FFO guidance reaffirmed at 11.3 cpu and distribution guidance at 9.0 cpu, expected to be paid quarterly; guidance remains subject to unforeseen circumstances and material operating changes.

• Zero Scope 2 emissions target for existing assets under operational control remains set for 2028, supported by renewable electricity through onsite solar and generation certificate deals.