Highlights

  • Centuria Industrial REIT reported FY2026 funds from operations of 18.2 cents per unit.
  • The trust owns Australian industrial and logistics real estate assets.
  • Portfolio occupancy was 95.2% by income at 30 June 2026.
  • The trust continued leasing activity and data centre-related investments.

Centuria Industrial REIT (ASX:CIP) is an externally managed real estate Investment trust holding Australian industrial and logistics properties. The FY2026 results highlighted portfolio leasing activity, valuation changes and continued development of its industrial property strategy.

FY2026 Performance

Centuria Industrial REIT reported FY2026 results on 11 August 2026, delivering funds from operations of 18.2 cents per unit and distributions of 16.8 cents per unit. The trust also provided FY2027 guidance of 18.8 to 19.2 cents per unit of FFO and distributions of 17.3 cents per unit.

Net tangible Assets stood at A$4.01 per unit, while gearing was 34.9%. The portfolio recorded its fifth consecutive valuation uplift during the financial year.

Portfolio Overview and Leasing Activity

At 30 June 2026, Centuria Industrial REIT’s portfolio consisted of 81 assets valued at about A$3.9 billion. Assets included distribution centres, Manufacturing and production properties, transport logistics facilities, data centres and cold storage assets.

Portfolio occupancy was 95.2% by income, with a weighted average Lease expiry of 7.0 years. During FY2026, more than 226,200 square metres of leasing transactions were completed, with average re-leasing spreads of 30% on a net rent basis.

Recent Developments and Financial Position

During FY2026, the trust acquired two data centre-related sites for A$60.2 million. These included a Facility at Wellcamp in Queensland and an asset at Yarraville in Victoria. The trust also lodged a development application for an approximately 40MW facility at Clayton, Victoria.

At the half-year ended 31 December 2025, the trust reported FFO of A$57.3 million, like-for-like net Operating Income growth of 5.1% and a weighted average Capitalisation rate of 5.81%.

The trust refinanced A$450 million of borrowings during the half year. At 30 June 2026, gearing was 34.9% compared with 35.9% six months earlier.

Key Insights

Centuria Industrial REIT’s FY2026 performance reflected continued activity across leasing, Portfolio Management and industrial property investment. Future updates will provide further information on Earnings delivery, leasing conditions and progress of its data centre strategy.