Brief: Centuria Industrial REIT Enters Into Agreements To Establish Centuria Prime Logistics Partnership

Centuria Industrial Reit

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;))