Centuria Industrial REITASX: CIP

$171m Cold Storage Portfolio Acquisition and Equity Raising

· Issued by Centuria Industrial REIT

Filed with ASX · · 3 pages · English

• Acquisition of three high-quality, cold store industrial facilities (the Acquisitions) worth $171.1 million on an average initial yield of 5.62%; • Portfolio is 100% occupied, has a Weighted Average Lease Expiry (WALE) of 6.4 years with assets based in NSW, VIC and QLD; • CIP will undertake a fully underwritten institutional placement to raise approximately $125 million (Placement) at an issue p

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