Stock Analysis

• Occupancy was 95.2 per cent, against 95.1 per cent a year earlier, and the weighted averageLeaseexpiry (WALE) was 7.0 years, against 7.1 years.

• The company says 99 per cent of income comes from government, ASX-listed, multinational and national tenants, with the Commonwealth Government, Coles Group, Telstra and Sonic Healthcare named among the key occupiers.

• The company expects the expanded operation to produce about 150,000 ounces of gold annually, with a mine life of more than ten years on current reserves.

• It also owns a property finance arm, Centuria Bass Credit, which it lifted from an 80% to a 100% stake during FY26.

• Second-half constant currency growth was 6%, which management presented as evidence of improving momentum.

• Liquor sales fell 1.3% to A$831 million, although Coles said convenience formats showed improvement and liquor eCommerce sales grew almost 20%.

• That EPS outcome was reported as ahead of the roughly 144 cents guidance issued in February 2026.