• FY25 OEPS 12.2cps, 4.3% above FY24 guidance
• FY25 DPS 10.4cps, 4% above FY24
• FY26 guidance: OEPS 13.4cps (+10% pcp), DPS 10.4cps

Centuria Capital Group (CNI) has announced its FY25 results, with OEPS of 12.2cps, 4.3% above FY24 and exceeding guidance of 12.0cps. FY25 DPS was 10.4cps, growing 4% above FY24. The Group recorded total operating revenues of $355 million, with operating NPAT supported by stability in property funds management recurring revenue streams. Property and development finance increased to $27 million. Net Asset Value was $1.79 per security. Moving into FY26, Centuria is targeting over $1 billion in real estate acquisitions, with improved market conditions enabling the Group to accelerate transactional activity and generate attractive relative investor returns. Centuria's unlisted platform is a third weighted to alternative real estate sectors, and its retail and wholesale distribution capabilities highlighted ongoing investor appetite. The Group's listed REITs, Centuria Industrial REIT (CIP) and Centuria Office REIT (COF), also reported strong performance. Centuria's 50% investment in ResetData has seen the launch of Australia's first public sovereign AI Factory and AI Marketplace, which is anticipated to add new and scalable earnings from FY26.

Based on prevailing market conditions remaining stable, Centuria provides FY26 OEPS guidance of 13.4 cents per security, a 10% increase on FY25, and DPS guidance of 10.4 cents per security.

Improved real estate market conditions and the potential for higher relative returns to investors present a more compelling real estate investment environment. Centuria intends to capture investor appetite throughout FY26 by securing high-conviction assets and delivering innovative new real estate funds, including further listed vehicles. Increased real estate transaction volumes, expanding real estate finance, and complementary revenues through AI-enabled technology are anticipated to drive earnings growth.