Strong Dividend Yield Fortifies Centuria Office This story features CENTURIA OFFICE REIT. For more info SHARE ANALYSIS: COF Centuria Office REIT has sustained reliable income despite the travails of the Australian office sector during the pandemic, yet will FY22 show signs of improvement? -Dividend yield implied by FY22 guidance among the highest in the sector -Yet earnings growth likely to be modest for another year -Will Centuria Office require equity for further acquisitions?
By Eva Brocklehurst The Australian office sector has been battered by the pandemic yet Centuria Office REIT ((COF)) has managed to sustain reliable income. Vacancies have been minimised and weighted average lease expiries (WALE) have increased for some assets.