July 13 (Reuters) - Growthpoint Properties Australia Ltd GOZ.AX :
* Acquisition of multi-tenanted industrial property in sa
* Deal for $20.8 million
* Acquisition will be fully funded from debt available from existing undrawn facilities taking growthpoint's gearing to 40.9%
* Says purchase price is supported by an independent valuation from m3property
* Settlement of the acquisition is expected to occur in seven business days
* After this acquisition, Growthpoint will have $206.2 million available in undrawn debt for future acquisitions
* Source text for Eikon ID:nASX9rjwS0