COF FY25 Property Compendium
Key points
- Geographically diversified portfolio of 19 office assets valued at $1.9 billion
- 5.0 star NABERS Energy and 4.2 star NABERS Water ratings on average
- 91.2% occupancy and 4.1 year WALE (by income)
Full summary
Centuria Office REIT (COF) has released its FY25 property compendium, providing a comprehensive overview of its high-quality, geographically diversified portfolio of 19 office assets valued at $1.9 billion. The portfolio is characterized by strong sustainability credentials, with an average 5.0 star NABERS Energy rating and 4.2 star NABERS Water rating. Occupancy remains high at 91.2%, with a weighted average lease expiry (WALE) of 4.1 years by income. The top 10 tenants include government entities and blue-chip companies, ensuring stable cash flows. COF's assets are strategically located across key markets in New South Wales, Victoria, Queensland, Western Australia, South Australia, and the Australian Capital Territory, mitigating single-market concentration risk. The portfolio features a mix of modern, A-grade buildings and well-positioned assets in gentrifying areas, positioning COF for continued growth and value creation.
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