ASX:COFOffice REITs
Centuria Office REIT (ASX:COF) Shares Face Leverage Scrutiny Despite Profit Return
Centuria Office REIT slid again into the close on Tuesday at A$0.885, extending a soft patch that has left the stock down over the past week, month and quarter. Yet the headline from these FY26 results is not the unit price. It is the tension between an income statement that has returned to profitability and a balance sheet still carrying a chunky 44.8% loan to value ratio.
Funds From Operations, the key cash earnings metric for a real estate investment trust, sat around 11 cents per unit...