News: IAP Irongate Group Announces Acquisition Of Canberra Office Property And Placement

June 15 (Reuters) - Irongate Group (IAP) :

• IRONGATE GROUP - ACQUISITION OF CANBERRA OFFICE PROPERTY AND PLACEMENT-IAP.AX
• IRONGATE GROUP - ACQUISITION FROM BLACKSTONE GROUP INC OF A 100% INTEREST IN PROPERTY LOCATED AT CANBERRA ACT FOR A$73.75 MILLION
• IRONGATE GROUP - FULLY UNDERWRITTEN INSTITUTIONAL PLACEMENT TO RAISE ABOUT A$50 MILLION AT ISSUE PRICE OF A$1.47 PER STAPLED SECURITY
• IRONGATE GROUP - PLACEMENT TO PARTLY FUND ACQUISITION AND ASSOCIATED TRANSACTION COSTS