Sydney, 30 June 2017: Centuria Property Funds No. 2 Limited (CPF2L) as Responsible Entity of Centuria Industrial REIT (ARSN 099 680 252) (CIP) yesterday announced that:
- it was undertaking a $35 million placement; and
- it had entered into an agreement to acquire 207-219 Browns Road, Noble Park and was in exclusive due diligence and advanced negotiations for the acquisition of a property at Sudlow Road, Bibra Lake in WA (Bibra Lake Property).
CPF2L is pleased to announce that the $35 million placement has been taken up in full at an issue price of $2.45 per security by institutional and professional investors, including the $25 million investment by the Lederer Group. The placement was not subject to CIP unitholder vote.
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