Centurion Corp Stock Analysis 2025 – Strong Growth, CAREIT IPO, Target Price S$1.90 & Investment Outlook 12 – Minichart
UOB Kay Hian, 20 November 2025
Excerpt from UOB Kay Hian report.
Report Summary
- Centurion Corp (CENT SP) delivered a strong 9M25 business update, outperforming expectations with revenue up 12% year-on-year, driven by high occupancy in both worker and student accommodation segments.
- The successful listing of Centurion Accommodation REIT (CAREIT) on the SGX raised S\$771m, securing substantial capital for CENT’s aggressive growth plans over the next 3-5 years, including expansion projects in Singapore, UK, and Australia.
- Management remains cautious about prime London student housing due to lower yields, but continues to build a solid moat in Singapore PBWA and expand its PBSA portfolio in Australia and the UK through…
