CNI centuria capital group

News: CNI Centuria Capital announces new $72.3 million property fund

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    Nov 28 (Reuters) - Centuria Capital Ltd (CNI)

    • Centuria announces new $72.3 million property fund
    • Exchanged contracts to acquire scarborough house in Woden, Canberra, from indigenous real estate investment trust for $72.33 million
    • Expects initial fund distribution yield of 7.00 per cent in fy17 growing to 7.25 per cent in fy18
 
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