Centurion Accommodation REIT (SGX:8C8U) on Wednesday reported its first interim report since its IPO on the Singapore Exchange in September 2025.
In the six months ended June 30, the amount available for distribution to unitholders surpassed its expectations by 9.6% to SG$60.5 million. Distribution per unit was SG$0.03499, compared with its forecast of SG$0.03192.
Meanwhile, net property income came in 4.3% higher than expected at SG$78.4 million.
Looking ahead to the second half, the real estate investment trust expects gross revenue to also surpass its prospectus forecast.