360 Capital Investment Management Limited as responsible entity for the 360 Capital Industrial Fund (“Fund” or ASX code:“TIX”), is pleased to announce the Fund’s Retail Entitlement Offer and General Offer closed significantly oversubscribed at 5pm yesterday.
Mr Ben Butler, TIX Fund Manager commented, “This is a very pleasing result and vindicates the Fund’s disciplined approach to acquisitions and our focus on acquiring quality assets with long term leases to quality tenants.”
“We were very pleased to see such a strong take up of entitlements by Existing Unitholders and that 100% of the New Units not taken up in the Retail Entitlement Offer were subscribed for by 360 Capital managed fund investors (both listed and unlisted) and 360 Capital Group investors.”
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