Learn To Invest
Stocks Special Reports LICs Credit Funds ETFs Tools SMSFs
Video Archive Article Archive
News Stocks Special Reports Funds ETFs Features SMSFs Learn
About

Company News Summary

Centuria Metropolitan Reit Provides Investor Presentation

18 Sep 2019  |  10:35:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Investor Presentation

Centuria Metropolitan Reit provided investor presentation. Centuria Property Funds (CPFL), as Responsible Entity of the Company (CMA), has entered into agreements to acquire interests in two A-grade office properties in fringe CBD locations in Sydney and Perth (the Acquisitions) for a total purchase price of $380.5m (excluding costs). It is undertaking an underwritten $273m equity raising at an issue price of $2.86 per security (the Equity Raising), comprising 1 for 10 accelerated non-renounceable entitlement offer to raise $102m (Entitlement Offer).

Please click here for full details

See more ASX300 News Announcements