Centuria Industrial REIT (AU:CIP) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Centuria Industrial REIT’s subsidiary, CIP Funding Pty Limited, announced an adjustment in the exchange price of its A$300 million exchangeable notes due to extraordinary distributions to unitholders. This adjustment reflects a change from A$4.1625 to A$4.0628 per unit, effective June 27, 2024. This move is part of Centuria’s strategy to provide value to its investors while managing its high-quality industrial asset portfolio.
For further insights into AU:CIP stock, check out TipRanks’ Stock Analysis page.