Centurion Accommodation REIT slides from opening high despite beating forecasts

Data from Centurion Accommodation REIT's latest disclosure has been updated into the Singapore REITs table.

Centurion Accommodation REIT (CAREIT) opened at SGD1.16 on 24 February before sliding to SGD1.14, below the previous close of SGD1.15.

This is despite reporting a strong debut set of results on the evening of 23 February that beat its IPO forecasts across every key financial metric, with distribution per unit (DPU) leading the outperformance at 6.7% above projections.