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Centuria Industrial REIT ( (AU:CIP) ) has issued an announcement.
CIP Funding Pty Limited, a subsidiary of Centuria Property Funds No. 2 Limited, announced its decision to exercise a call option to redeem all outstanding exchangeable notes worth A$500,000 on November 7, 2025. This move reflects CIP’s strategic financial management and could impact its financial operations by potentially reducing debt obligations, thereby influencing its market positioning and investor relations.
The most recent analyst rating on (AU:CIP) stock is a Hold with a A$3.56 price target. To see the full list of analyst forecasts on Centuria Industrial REIT stock, see the AU:CIP Stock Forecast page.
More about Centuria Industrial REIT
Centuria Industrial REIT (CIP) is Australia’s largest domestic pure play industrial real estate investment trust, included in the S&P/ASX 200 Index. It manages a portfolio of high-quality industrial assets located in key metropolitan areas across Australia, supported by a diverse tenant base. Centuria Property Funds No. 2 Limited, a subsidiary of Centuria Capital Group, serves as the responsible entity for CIP.
Average Trading Volume: 1,830,990
Technical Sentiment Signal: Buy
Current Market Cap: A$2.19B
For a thorough assessment of CIP stock, go to TipRanks’ Stock Analysis page.