Centuria Capital Group (Centuria) (ASX:CNI) is pleased to announce the acquisition of a further 1.8% stake in Centuria Metropolitan REIT (CMA), increasing Centuria’s total interest in CMA to 19.9%.
The additional investment follows the successful $60 million Centuria entitlement offer announced on 4 October 2017 and represents a deployment of capital in line with one of Centuria's purposes in undertaking the capital raising.
Earlier this month, Centuria increased its co-investment stake in Centuria Industrial REIT (ASX:CIP) to 17.75%.
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