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CIP Centuria Industrial Reit News Story

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Morningstar keeps fair value estimate unchanged for Australia's Centuria Industrial REIT

** Morningstar maintains fair value estimate on Australia's Centuria Industrial REIT CIP.AX at A$3.50 per share

** The real estate investment trust on Friday confirmed distribution for the quarter ending Dec 31 will be 4.2000 Au cents per unit

** "Centuria Industrial's stock price has risen nearly 19% year to date, significantly beating the S&P/ASX 200 A-REIT index's 2% increase" - Morningstar

** Co in late-October raised lower end of its FY26 funds from operations (FFO) guidance range from 18.0 Au cents to 18.2 Au cents per unit in its Q1 update

** Our FY26 FFO forecast was in the upper half of the previous guidance range and now is in the middle of the new range - Morningstar

** Six of 10 analysts rate the stock "buy" or higher, four "hold"; their median PT is A$3.65, according to data compiled by LSEG

** Stock has risen 20.2% this year, as of last close

 (Reporting by Roshan Thomas in Bengaluru. Editing by Jane Merriman)

 ((Roshan.Thomas@thomsonreuters.com;))

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