Centurion Corporation Completes Divestment of Epiisod Macquarie Park

Centurion Corporation Limited (“Centurion” or the “Company”) has officially announced the completion of the divestment of its Epiisod Macquarie Park asset, an important milestone that may carry significant implications for shareholders and potential investors. This transaction is part of a broader strategic move linked to the upcoming listing of the Centurion Accommodation REIT, as outlined in prior shareholder communications.

Key Points from the Announcement

• Divestment Completed: The practical completion and formal divestment of the Epiisod Macquarie Park property have been finalized under the Forward Purchase Agreement.
• Ownership Structure: The vendor, Lachlan Avenue Development Pty Ltd, is 25% owned by Centurion Corporation and 75% owned by Centurion Properties Pte. Ltd., reflecting Centurion’s significant involvement in the project.
• Master Lease Signed: A master lease agreement for Epiisod Macquarie Park has been executed between Centurion SA Investments Pty Ltd (a wholly owned entity of Centurion Accommodation REIT), the master tenant, Centurion Properties Pte. Ltd., and Centurion Corporation.
• Property Management: Centurion Australia Management Pty Ltd, a wholly owned subsidiary of Centurion, has been appointed to provide property management services for Epiisod Macquarie Park under a formal management agreement.
• REIT Announcement: Centurion Accommodation REIT has publicly released its own confirmation of the acquisition’s completion, marking a key step in its growth and portfolio expansion.
• Date of Announcement: The Board announcement was made on 13 January 2026 by CEO Kong Chee Min.

Important Information for Shareholders

• Potential Share Price Impact: The successful divestment and REIT acquisition could positively affect Centurion’s financial position by unlocking capital, reducing balance sheet risk, and providing new revenue streams through property management contracts.
• Strategic Implications: The transaction demonstrates Centurion’s ability to execute on its asset monetization strategy and strengthen its position in the accommodation sector, potentially improving investor confidence and sector visibility.
• Master Lease Stability: The master lease arrangement secures predictable rental income for the REIT and provides operational continuity for Centurion, which may be viewed favorably by income-focused investors.
• Ongoing Management Role: With Centurion Australia Management Pty Ltd managing the property, Centurion retains operational involvement in the asset, which could ensure quality standards and brand consistency, further supporting long-term shareholder value.

Investor Takeaways

The completion of the Epiisod Macquarie Park divestment and its acquisition by Centurion Accommodation REIT represents a strategic milestone for Centurion Corporation. This move may be price sensitive, as it impacts Centurion’s asset base, cash flow profile, and ongoing revenue streams through management services. Investors should closely monitor subsequent developments related to the REIT listing, lease performance, and management outcomes, as these factors could have a material effect on share value.

Disclaimer

This article is for informational purposes only and does not constitute investment advice or a solicitation to buy or sell securities. Investors are advised to conduct their own due diligence and consult with professional advisors prior to making investment decisions. The views expressed are based on the latest publicly available information and may be subject to change.

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