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Centuria Office REIT ( COF ) ASX Announcement Centuria • • • • Q1 FY27 Operating Update c.7,000sqm of lease terms¹ agreed , 4.1 % positive re - leasing spreads FY27 expiry profile reduced from 4.7 % to 2.7 % Centuria's partnership with Energy Bay to support COF's zero Scope 2 emissions target by 2028 Reaffirmed FY27 FFO guidance of 11.3 cpu²³ and distribution guidance of 9.0 cpu³ ( 10.6 % yield4 ) SYDNEY ( Thursday , 15 October 2026 ) – Centuria Office REIT ( ASX : COF ) is pleased to provide its Q1 FY27 operating update . Belinda Cheung , COF Fund Manager , said " COF continued to make progress against its strategic priorities during the quarter , delivering leasing outcomes across key markets , advancing sustainability initiatives and maintaining a disciplined approach to capital management . The portfolio is benefiting from improving office fundamentals , including rising tenant demand and constrained future supply , creating positive rental growth across a number of COF's markets . " PROPERTY PORTFOLIO AND LEASING During the period , 6,937sqm of leasing terms¹ were agreed across 10 transactions , building on the strong leasing momentum recorded across FY26 and generating positive re - leasing spreads of 4.1 % . Approximately 60 % of this leasing activity comprised renewals across COF's portfolio . Leasing activity was predominantly concentrated across the Melbourne and Brisbane markets and the activity in the quarter resulted in COF's FY27 expiry profile reducing from 4.7 % to 2.7 % . Notable leasing deals include : • 100 Brookes Street , Fortitude Valley QLD - Secured a new full - floor lease over 1,254sqm on a seven - year term , achieving a 13.5 % leasing spread . 154 Melbourne Street , South Brisbane QLD - Secured a full - floor renewal over 1,086sqm on a two - year term , achieving a 10.9 % leasing spread . • 584 Swan Street , Richmond VIC - Renewed a major tenant across 2,280sqm on a five - year term , increasing the asset WALE to 3.4 years . • 101 Moray Street , South Melbourne VIC - Secured two leasing transactions totalling 810sqm , increasing the asset WALE to 3.4 years . Office market conditions continue to improve across many Australian markets , supported by limited new supply constrained by rising economic costs for new developments , stock withdrawals and positive net absorption . Although leasing conditions remain fragmented across markets , the REIT is seeing encouraging levels of tenant enquiry and improving leasing outcomes in markets such as Brisbane and Perth , reinforcing confidence in the portfolio's overall performance . COF continues to proactively address existing vacancies and upcoming lease expiries through targeted asset management initiatives , including refurbishing and repositioning space to better align with tenant requirements . Leasing transactions completed during the quarter demonstrate the continued demand for quality accommodation across the portfolio and contributed to maintaining portfolio occupancy and WALE at stable levels . SUSTAINABILITY COF continued to advance its sustainability credentials during the quarter . The REIT achieved a 4 - Star GRESB rating and improved its overall score ( from 86.6 to 87.8 ) , reflecting continued progress . The Nishi building in Canberra received a 6 - Star NABERS Energy rating , providing recognition of the asset's market - leading energy performance , while its NABERS Water rating improved from 5 Stars to 5.5 Stars . Centuria Capital Group's recently announced renewable energy partnership with Energy Bay is also expected to accelerate COF's pathway to achieving zero Scope 2 emissions by 20285 , while creating opportunities for participating tenants to access more competitive renewable energy solutions . Together , these initiatives reinforce COF's commitment to responsible property ownership , supporting tenant outcomes and enhancing the long - term resilience and attractiveness of the portfolio . Centuria Property Funds Limited ABN 11 086 553 639 | AFSL 231 149 Level 41 , Chifley Tower 2 Chifley Square , Sydney NSW 2000 T : 02 8923 8923 F : 02 9460 2960 E : sydney@centuria.com.au www.centuria.com.au