Sept 13 (Reuters) - Real estate investment trust Propertylink Group (PLG) said on Thursday it had made a takeover offer for Centuria Industrial REIT (CIP) , valuing the company at about A$755 million ($541.3 million).
Propertylink said it was offering about 2.5 of its securities and A$0.33 in cash for each unit of Centuria, valuing the units at about A$3.04 each. The figure represents a premium of about 10 percent to Centuria's last close.
Propertylink said the transaction, if accepted, was expected to be accretive to its earnings and distribution per security for fiscal 2019.
($1 = 1.3947 Australian dollars)
Sept 13 (Reuters) - Real estate investment trust Propertylink...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$3.09 |
Change
-0.010(0.32%) |
Mkt cap ! $1.961B | |||
| Open | High | Low | Value | Volume |
| $3.09 | $3.11 | $3.08 | $3.904M | 1.262M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 3801 | $3.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.12 | 7656 | 4 |
View Market Depth
| Last trade - 16.10pm 28/07/2025 (20 minute delay) ? |
| CIP (ASX) Chart |