Centuria Industrial REIT (ASX:CIP) has launched its retail entitlement offer which is expected to raise around $21 million.
It follows the successful completion of the property trust's institutional Offer which raised $30 million.
Total equity from the raisings is expected to be about $51 million.
Eligible retail shareholders can participate in the offer at a price of $2.77 per unit and offer ratio of 1 for 13.5.
Shares in Centuria Industrial REIT (ASX:CIP) Shares closed 0.35 per cent higher to $2.86 yesterday