Centurion Accommodation REIT said on Sep, 03 2026 that its trustee, Perpetual (Asia) Limited, has secured an uncommitted and unsecured revolving credit facility of 15 million Singapore dollars.

The proceeds will be used for working capital needs and capital expenditure on the trust’s properties.

Under the terms of the facility, a default would occur if Centurion Corporation Limited’s stake in the borrower falls below 25 percent or if it no longer holds all the issued and paid-up share capital of the REIT’s manager. A default could trigger cross defaults on other outstanding borrowings.

The total amount of borrowings that could be affected stands at about 536.7 million Singapore dollars, the REIT said, adding that no such event has occurred to date.