Centurion - RHB Research 2026-01-21: Completes EPIISOD Macquarie Divestment; BUY

• We remain positive on Centurion (SGX:OU8)’s prospects, as the group focuses on property development, acquisitions, and being Centurion Accommodation REIT (CAREIT)’s manager post spin-off of its assets to the latter. Shareholders may receive another dividend inspecie when Centurion pares down its stake further in CAREIT next year.

Divested EPIISOD Macquarie Park to CAREIT.

• - Read this at SGinvestors.io -
• - Read this at SGinvestors.io -
• We had previously accounted for the divestment, based on an enlarged portfolio basis including incoming cash proceeds. Hence, our estimates remain largely unchanged. Centurion will be the asset’s REIT manager as well.

Growth strategy has shifted towards property development.

• Read more at SGinvestors.io.

Above is an excerpt from a report by RHB Securities Research.
Clients of RHB may be the first to access the full PDF report @ https://www.rhbtradesmart.com/.

Read also RHB's most recent report:
2026-03-20 Centurion - Dividend In Specie In The Works; Maintain BUY.

Price targets by 6 other brokers at Centurion Target Prices.

Listing of research reports at Centurion Analyst Reports.

Relevant links:
Centurion Share Price History,
Centurion Announcements,
Centurion Dividend Payout Dates & Corporate Actions,
Centurion News