Shaw and Partners is pleased to be appointed as Co-Lead Manager to the capital raising announced by Centuria Office REIT (ASX.COF) today.

Centuria Property Funds Limited (CPFL), as Responsible Entity of Centuria Office REIT (COF), proposes to acquire interests in two high quality office properties, strategically located in key Melbourne and Sydney near city and metropolitan locations for a total purchase price of $273.1 million.

– 101 Moray Street, South Melbourne

– 203 Pacific Highway, St Leonards

To partially fund the Acquisitions, Centuria Office REIT is undertaking a fully underwritten 1 for 6.4 accelerated non-renounceable entitlement offer to raise approximately $201 million at an issue price of $2.50 per unit.

The offer price of $2.50 represents a 3.5% discount to last close price of $2.59 per unit on 3 September 2021 and a 3.0% discount to TERP of $2.58 per unit.

The offer is available to Australian Sophisticated and Professional Investor clients only.

For more information about the offer please contact your Shaw and Partners adviser.