Brief: Centuria Industrial REIT Enters Into Agreements To Establish Centuria Prime Logistics Partnership
07/12/2022 22:53
Dec 8 (Reuters) - Centuria Industrial Reit CIP.AX :
* REAFFIRMED FY23 FFO GUIDANCE OF 17.0 AU CPU AND
DISTRIBUTION
GUIDANCE OF 16.0 AU CPU (CORRECTS CURRENCY TO 'AU' CPU)
* STRATEGIC PARTNERSHIP AND PORTFOLIO VALUATION
* ENTERED INTO AGREEMENTS TO ESTABLISH CENTURIA PRIME
LOGISTICS
PARTNERSHIP
* CENTURIA PRIME LOGISTICS PARTNERSHIP IS JV BETWEEN CO &
INVESTMENT VEHICLE SPONSORED BY MORGAN STANLEY REAL ESTATE
INVESTING
* DEAL THROUGH SALE OF C.50% INTEREST IN EIGHT CIP OWNED
INDUSTRIAL ASSETS FOR A$180.9 MILLION
Further company coverage: CIP.AX
((Reuters.Briefs@thomsonreuters.com;))
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