Centurion Corp

Centurion Accommodation Reit gets in-principle approval for Westlite Ubi dorm expansion

The proposed works should start by Q2, and will be completed in about 1.5 years

Analysts expect the construction sector to outperform on a construction upcycle supported by post-pandemic project catch-up and infrastructure investments.
BROKERS’ TAKE

CGSI initiates coverage on Centurion Accomodation Reit with ‘add’, S$1.38 target price

RHB upgrades Centurion Corporation’s target price to S$1.88 from S$1.86

Centurion Overseas Investments (II) entered into an agreement for the stake in Stirling Highway Development by subscribing for six million shares.

Centurion buys 25% stake in Perth student accommodation project for A$6 million

The site has obtained development approval for a 472-bed facility across 440 units

Centurion's Westlite PBWA in Woodlands. Demand for such properties remains strong, the company said

Centurion posts 9% rise in Q3 revenue with strong demand for worker, student housing

The company has S$713 million in borrowings as at Sep 30, against S$434 million in cash

Centurion Corp noted the “persistent demand-supply imbalance” in the UK purpose-built student accommodation market.

Centurion Corp acquires London site for £41 million to develop student housing

Acquisition marks Centurion’s entry into London, the sixth city within its UK portfolio

Centurion Accommodation Reit ended its first trading day at S$0.96, nearly 9.1 per cent above its IPO price of S$0.88.
MARK TO MARKET

Strong debut for Centurion Accommodation is only half the story unfolding in the S-Reit space

Pressure for value-up initiatives could test resources and networks of sponsor groups; CapitaLand Investment may set new standards for them with listing of a China Reit

Westlite Ubi is among the assets in Centurion Accommodation Reit's portfolio.

Centurion Accommodation Reit closes 9.1% above IPO price on SGX debut

This is the second-biggest mainboard listing on the SGX this year

Westlite Ubi is among the assets in Centurion Accommodation Reit's portfolio.

Centurion Accommodation Reit’s offer of 262.1 million units oversubscribed by 16.6 times

Its Singapore public offering of 13.2 million units oversubscribed by 30.9 times

Centurion Corp chief executive officer at the SGX's 'Discover the Undiscovered - Uncovering Undervalued Stocks' panel discussion.
HOT STOCK

Centurion soars 7.4% on the back of IPO for Centurion Accommodation Reit

[SINGAPORE] Shares of Centurion soared nearly 7.4 per cent on Thursday afternoon (Sep 11) shortly after it gave details on the proposed listing of its Centurion Accommodation Reit on the main board.