ASX:CIPIndustrial REITs
Centuria Industrial REIT (ASX:CIP): Assessing Valuation Following Debt Redemption and Financial Streamlining
Centuria Industrial REIT (ASX:CIP) is moving ahead with the redemption and cancellation of its A$500,000 exchangeable notes due 2028 after exercising a call option. This step is aimed at streamlining finances and cutting debt, which could influence the company’s future position in the sector.
See our latest analysis for Centuria Industrial REIT.
Centuria Industrial REIT’s share price has gained momentum in 2024, with a year-to-date share price return of nearly 25%. Its recent move to redeem...