Highlights

  • FY26 operating net profit after tax (ONPAT) increased to $113.8 million, up 13.6% year-on-year.
  • Group Assets under management reached a record $22.2 billion following increased real estate activity.
  • FY27 operating NPAT guidance provided at $130 million, representing 14% growth from FY26.
  • Centuria continued expanding its AI infrastructure strategy through ResetData and a growing data centre pipeline.

Centuria Capital Group (ASX:CNI) has announced its FY26 financial results for the year ended 30 June 2026, reporting higher operating earnings, record assets under management and continued progress across its real estate and digital infrastructure initiatives.

The company reported operating net profit after tax (ONPAT) of $113.8 million for FY26, compared with $100.8 million in the prior year. Operating Earnings per security (OEPS) reached 13.6 cents, representing growth of 11.5% year-on-year, while distributions per security were declared at 10.4 cents.

Centuria also provided FY27 guidance, targeting operating NPAT of $130 million, OEPS of 13.0 cents and distributions per security of 10.4 cents, assuming stable market conditions.

Earnings Growth

Centuria’s FY26 performance was supported by increased activity across its real estate platform, acquisitions and higher recurring revenues.

Operating EBITDA increased to $182.5 million, driven by growth in the Property Funds Management segment, stronger transaction activity and performance fees. Property investments contributed $92.2 million in earnings, while Property Development and Finance generated EBITDA of $24.3 million.

The company reported statutory NPAT attributable to securityholders of $56.5 million, representing statutory earnings per security of 6.7 cents.

During FY26, Centuria strengthened its financial flexibility through a $300 million fully underwritten Equity raise, providing additional capacity to support growth initiatives, including AI infrastructure expansion and larger-scale real estate opportunities.

Property Platform

Centuria’s real estate platform continued to expand during FY26, with Group assets under management reaching a record $22.2 billion.

Property Funds Management and Property Investments AUM increased to $18.6 billion, compared with $17.4 billion in FY25. Growth was supported by $1.2 billion of real estate acquisitions and the addition of the Arrow fund management rights.

The company continued to expand its Investment platform, including the launch of major property funds, Acquisition of significant real estate assets and growth in its investor network.

Centuria manages exposure across listed and unlisted real estate investments, with more than 2,500 tenant customers across its property portfolio. Platform occupancy remained stable, supported by long-term leasing activity and diversified tenant relationships.

AI Expansion

A key strategic focus for Centuria remains its digital infrastructure and Artificial Intelligence (AI) opportunity through ResetData.

The company is progressing GPU infrastructure deployment across a portion of its near-term power capacity, with the potential data centre pipeline increasing to more than 250MW.

ResetData has entered arrangements supporting initial capacity deployment, including an agreement with CDC Data Centres involving an initial allocation of 7MW and potential expansion to 10MW. Revenue contribution from the initial deployment is expected from the second half of FY27, with further growth dependent on customer Demand and contracted capacity.

Centuria has also secured additional power generation capacity to support future deployment timelines and continues discussions around expanding its AI infrastructure footprint.

Balance Sheet

Centuria maintained a strong Balance Sheet position at the end of FY26, with $445 million in cash and undrawn debt.

Net asset value stood at $1.76 per security as at 30 June 2026, while balance sheet gearing remained at 5.1%.

Gross Debt management remained a focus, with the company improving its funding position through capital management initiatives. Weighted average debt duration increased to 3.1 years, while weighted average cost of debt declined during the period.

The company’s Credit platform also continued expanding, with Centuria overseeing $8.6 billion of lending facilities across listed and unlisted funds.

Outlook

Centuria expects FY27 earnings growth to be supported by its expanded real estate platform, larger capital base and continued execution of its strategic initiatives.

Management expects the benefits from increased capital deployment to become more visible during the second half of FY27 and into FY28.

The company remains focused on growing assets under management through larger real estate acquisitions while progressing ResetData’s AI infrastructure strategy.

Centuria’s FY27 operating NPAT guidance of $130 million reflects expectations of higher earnings from core real estate activities and continued rollout of AI infrastructure capabilities.

While growth opportunities remain significant, execution across acquisitions, AI infrastructure deployment, customer commitments and broader market conditions will remain key factors influencing future performance.