Centuria Industrial REIT (ASX: $CIP) Distribution Declaration

Centuria Industrial REIT (ASX: $CIP) has confirmed that the distribution for the quarter ending 31 March 2024 will be 4.00 cents per unit. Additionally, the Distribution Reinvestment Plan (DRP) will be suspended for the March 2024 quarter distribution.

Executive Commentary on Distribution Declaration

The distribution declaration for the March 2024 quarter reflects our commitment to providing income to our investors. The decision to suspend the Distribution Reinvestment Plan for this quarter is in line with our strategic approach to managing capital allocation. We remain focused on delivering value to our investors and maintaining the quality of our industrial assets.

Summary of Centuria Industrial REIT's Distribution Declaration

Centuria Industrial REIT (ASX: $CIP) has announced a distribution of 4.00 cents per unit for the quarter ending 31 March 2024. The suspension of the Distribution Reinvestment Plan for this quarter indicates the REIT's strategic approach to capital management. Centuria Industrial REIT continues to prioritize providing income to its investors while ensuring the quality and diversity of its industrial assets. Investors can anticipate the distribution payment on the indicative date, subject to change, and are encouraged to reach out for further information or interview arrangements.