Dec 8 (Reuters) - APN Convenience Retail REIT AQR.AX :
* ACQUISITIONS AND EQUITY RAISING ANNOUNCEMENT
* ENTERED INTO SALE CONTRACTS TO ACQUIRE 3 SERVICE STATION AND CONVENIENCE RETAIL PROPERTIES
* ACQUISITIONS ARE BEING ACQUIRED FOR A TOTAL CONSIDERATION OF $75.3 MILLION
* IS IN EXCLUSIVE DUE DILIGENCE ON FURTHER 9 ASSETS IN SOUTH AUSTRALIA, NEW SOUTH WALES, QUEENSLAND & WESTERN AUSTRALIA
* TO UNDERTAKE -UNDERWRITTEN SECURITY PURCHASE PLAN TO RAISE UP TO $5 MILLION TO REPAY DEBT AND SUPPORT CORE BUSINESS
* ACQUISITIONS AND PLACEMENT WILL BE ACCRETIVE TO FY22 FFO AND DPS
* UNDERTAKING FULLY UNDERWRITTEN INSTITUTIONAL PLACEMENT TO RAISE ABOUT $30 MILLION
* FUND REAFFIRMS FY21 FFO AND DPS GUIDANCE OF 21.8 - 22.0 CENTS PER SECURITY