Nov 19 (Reuters) - Hotel Property Investments Ltd HPI.AX :
* ACQUISITIONS AND EQUITY RAISING-HPI.AX
* ENTERED INTO AGREEMENTS TO ACQUIRE THREE HOTEL PROPERTIES FOR $63.3M (NYSE:MMM)
* TO INCREASE ITS FY21 DISTRIBUTION GUIDANCE FROM 19.2 TO 19.3 CENTS PER SECURITY
* WILL UNDERTAKE FULLY UNDERWRITTEN INSTITUTIONAL PLACEMENT TO RAISE $40MLN