Centuria Metropolitan REIT buys A-grade offices in Sydney and Perth

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18Sep

Centuria Metropolitan REIT buys A-grade offices in Sydney and Perth

 

Centuria Property Funds, as Responsible Entity for the Centuria Metropolitan REIT (ASX:CMA), is pleased to announce the acquisition of interests in two A-grade office properties in fringe CBD locations across Sydney and Perth for a total purchase price of $380.5 million.

They also announced today an underwritten equity raising to raise approximately $273 million at an issue price of $2.86 per CMA security.

Centuria Metropolitan REIT (ASX:CMA) is currently in a trading halt – it last traded at $3.

Copyright 2019 – Finance News Network


Source: Finance News Network

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