IAP 0.00% $1.90 irongate group

News: IAP Irongate Announces Fully Underwritten Institutional Placement To Raise A$50 Mln

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    Dec 9 (Reuters) - Irongate Group (IAP) :

    • IRONGATE GROUP - FULLY UNDERWRITTEN INSTITUTIONAL PLACEMENT TO RAISE A$50 MILLION
    • IRONGATE GROUP - FY22 FFO PER SECURITY GROWTH IS EXPECTED TO BE 6.0% TO 7.0%
    • IRONGATE GROUP - PLACEMENT AT AN ISSUE PRICE OF A$1.55 PER STAPLED SECURITY
    • IRONGATE GROUP SEES FY22 DPS GROWTH IS INCREASED TO 2.5% TO 3.0%
    • IRONGATE GROUP - ACQUISITION FROM DESMAR OF AN INDUSTRIAL BUSINESS PARK FOR A PURCHASE PRICE OF A$26 MILLION
    • IRONGATE GROUP - ACQUISITION FROM ALFASI GROUP OF 50% INTEREST IN AN OFFICE BUILDING LOCATED IN VIC FOR PURCHASE PRICE OF A$130 MILLION
 
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