Centuria Capital Group (ASX:CNI) Reports Record Assets Under Management and Higher Earnings

Aditi Sarkar

06 November 2026 10:34 PM AEDT

Centuria Capital Group (ASX:CNI) Reports Record Assets Under Management and Higher Earnings

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Highlights

Centuria Capital Group increased FY26 operating Earnings per security 11.5% to 13.6 cents, meeting its previously upgraded financial guidance overall.
Group Assets under management reached a record AUD 22.2 billion, supported by AUD 1.2 billion of property acquisitions during FY26.
Operating net profit after tax reached AUD 113.8 million, while operating EBITDA was AUD 182.5 million for the year overall.
Centuria delivered FY26 distributions of 10.4 cents per security and reaffirmed the same annual distribution guidance for FY27 during FY26.

Centuria Capital Group (ASX:CNI), one of Australasia's leading real estate funds managers, delivered its FY26 results on 27 August 2026, reporting operating net profit after tax (ONPAT) of $113.8 million and operating earnings per security (OEPS) of 13.6 cents — an 11.5% increase above FY25. The group set a new all-time record for assets under management (AUM) at $22.2 billion, driven by $1.2 billion in property acquisitions across a diversified range of real estate sectors. The FY26 distribution per security of 10.4 cents was delivered in line with guidance.

AUM Growth and Platform Diversification

Centuria's AUM record of $22.2 billion was achieved through continued Diversification across industrial, office, healthcare, agriculture, daily needs retail, large format retail, residential finance, and alternative sectors. The group's alternative real estate sectors now account for approximately 27% of total real estate AUM, reflecting the deliberate broadening of the platform beyond traditional office and industrial. During HY26, Centuria secured the Arrow Funds Management rights, adding approximately $0.4 billion in agriculture AUM and bringing total agriculture AUM to $1.3 billion. The group's interest in Centuria Bass Credit also increased to 100% during the period, expanding its private credit capabilities.

Operating Earnings and Balance Sheet

Operating EBITDA of $182.5 million supported the strong earnings result, with the group's recurring earnings base providing stability across market cycles. Balance Sheet gearing remained conservative at 12.4% at the half-year point, with $288 million in undrawn Debt facilities and a weighted average cost of debt (WACD) of 7.6% following the repayment of ASX-listed redeemable notes. Weighted average debt Maturity extended to 3.6 years, reducing near-term refinancing risk. The group's sustainability initiatives continued, with targets for 100% renewable electricity and strong employee engagement metrics maintained across the platform.

FY27 Guidance and Strategic Priorities

For FY27, Centuria Capital Group guided to ONPAT of $130 million — representing 14% growth above FY26 actual — with OEPS of 13.0 cents per security and distributions of 10.4 cents per security maintained. FY27 EBIT is expected to grow approximately 20%, with the full impact of the expanded capital base expected to flow through in the second half of FY27 and into FY28. Management described FY27 as a year of deployment and growth, with benefits expected to build through FY28 and FY29. The group remains focused on growing AUM through larger fund acquisitions and the continued rollout of AI infrastructure opportunities, positioning Centuria as a participant in the data centre and digital infrastructure sector.

Stock Price Information

Centuria Capital Group (ASX:CNI) shares were trading at $1.193 on 6 November 2026, representing a decline of 3.44% for the day. The stock has declined approximately 45% over the past 12 months.

FAQs

Q: What is Centuria Capital Group's FY26 OEPS and how does it compare to the prior year?

A: Centuria Capital Group delivered FY26 operating earnings per security (OEPS) of 13.6 cents, an increase of 11.5% above FY25. This met the upgraded guidance issued at the HY26 results in February 2026, which had been raised from the initial FY26 guidance of 13.4 cents per security set at the FY25 results.

Q: What is Centuria Capital Group's AUM and what drove its record level?

A: Centuria Capital Group reached a record AUM of $22.2 billion as at 30 June 2026, up from $20.6 billion at FY25. The growth was driven by $1.2 billion in property acquisitions, the Arrow Funds Management acquisition adding agriculture AUM, and continued growth across industrial, healthcare, and alternative real estate sectors.

Q: What is Centuria Capital Group's FY27 earnings guidance?

A: For FY27, Centuria Capital Group guided to ONPAT of $130 million (14% above FY26), OEPS of 13.0 cents per security, and distributions of 10.4 cents per security. FY27 EBIT is expected to grow approximately 20%, with the full benefit of the expanded capital base flowing through in 2H FY27 and FY28.

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