June 27 (Reuters) - Centuria Industrial Reit CIP.AX :
* ANNOUNCES ACQUISITION OF THREE INDUSTRIAL ASSETS FOR A COMBINED VALUE OF $59.3 MILLION
* ANNOUNCES UNDERWRITTEN INSTITUTIONAL PLACEMENT TO RAISE $70 MILLION AT AN ISSUE PRICE OF $3.05 PER CIP UNIT TO FUND ACQUISITIONS
* FURTHER $10 MILLION EARMARKED FOR CAPITAL EXPENDITURE TO ENHANCE ASSETS
* SEES FY19 DISTRIBUTION PER UNIT OF 18.4 CENTS AND FY20 FFO PER UNIT GROWTH OF 2-3% OVER FY19 FFO
* CENTURIA INDUSTRIAL ANNOUNCES NON-UNDERWRITTEN UNIT PURCHASE PLAN TO ELIGIBLE UNITHOLDERS IN AU & NZ TO RAISE UP TO $5MLN AT $3.05 PER CIP UNIT