Centuria Office REIT (ASX:COF) Announces Interim Financial Results
Financial Performance
Centuria Office REIT reported a 10.88% decrease in total revenue, amounting to $75,699 thousand for the current reporting period. Funds from operations fell by 16.97% to $34,697 thousand, and the net loss attributable to members decreased by 78.67% to ($21,204) thousand.
Distributions Declared
The company declared distributions for the June, September, and December 2024 quarters at 3.000 cents, 2.525 cents, and 2.525 cents per unit respectively, with payments scheduled for 16-Aug-24, 28-Oct-24, and 31-Jan-25.
Net Tangible Assets
Net tangible assets per security decreased to $1.72 from $1.98 in the previous reporting period.
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