CIP 0.31% $3.19 centuria industrial reit

Ann: Q1 FY24 Operating Update, page-7

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    A big one is the increase in the cost of debt. Certainly as debt instruments mature and they refinance then it will eat into profits and distributions. One area to monitor there is if the rents are rising to match or exceed the increasing cost of debt. Additionally sales of properties to reduce debt could alleviate this concern.

    Short term it would appear the debt maturity profiles and ability to push through rental increases should allow for continued consistent distributions. Longer term depends on how they manage it.
 
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