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Centuria Industrial REIT ( (AU:CIP) ) has provided an update.
Centuria Industrial REIT has issued a correction to a previous announcement, clarifying that the number of exchangeable notes due September 2030 is 1,625, not 16,250 as previously stated. This update is crucial for stakeholders as it corrects a significant error in the company’s financial disclosures, potentially impacting investor perceptions and the company’s market positioning.
The most recent analyst rating on (AU:CIP) stock is a Hold with a A$3.63 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 is a real estate investment trust focusing on industrial properties. It is involved in the acquisition, management, and development of industrial real estate assets, primarily targeting the Australian market.
Average Trading Volume: 1,855,424
Technical Sentiment Signal: Buy
Current Market Cap: A$2.23B
For a thorough assessment of CIP stock, go to TipRanks’ Stock Analysis page.