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The latest update is out from Centuria Industrial REIT ( (AU:CIP) ).
Centuria Industrial REIT announced an adjustment to the exchange price of its A$300 million exchangeable notes due in 2028, following an extraordinary distribution to unitholders. The exchange price has been revised from A$4.0023 to A$3.9510 per unit, effective from June 27, 2025. This adjustment reflects changes in the threshold amount and is part of the company’s ongoing financial management strategy, potentially impacting noteholders and the company’s market positioning.
The most recent analyst rating on (AU:CIP) stock is a Hold with a A$3.81 price target. To see the full list of analyst forecasts on Centuria Industrial REIT stock, see the AU:CIP Stock Forecast page.
More about Centuria Industrial REIT
Centuria Industrial REIT (CIP) is Australia’s largest domestic pure play industrial real estate investment trust, included in the S&P/ASX 200 Index. It manages a portfolio of high-quality industrial assets located in key metropolitan areas across Australia, supported by a diverse tenant base. The REIT is managed by Centuria Property Funds No. 2 Limited, a subsidiary of Centuria Capital Group, which is a specialist investment manager with significant assets under management.
Average Trading Volume: 1,562,154
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.99B
Learn more about CIP stock on TipRanks’ Stock Analysis page.