Quarterly distribution announcement by CIP

Centuria Industrial REIT (ASX:CIP) has declared a distribution of 4.075 cents per unit for the quarter ending 31 December 2024. The Distribution Reinvestment Plan (DRP) is suspended for this period. Key dates include the ex-distribution date on 30 December 2024 and the indicative payment date on 31 January 2025.

Overview and future outlook for CIP

Centuria Industrial REIT (CIP) has announced a quarterly distribution, highlighting its commitment to delivering consistent income to investors. The suspension of the Distribution Reinvestment Plan (DRP) remains in effect, reflecting the trust's strategic decisions. CIP, part of the S&P/ASX 200 Index, remains focused on managing a portfolio of high-quality industrial properties. The trust, managed by Centuria Property Funds No. 2 Limited, aims to provide investors with both income and potential capital growth. With its operations rooted in urban infill areas, CIP is well-positioned for future growth. The announcement underscores CIP's ongoing strategy to maximize asset value and investor returns.

Executive insights on CIP distribution

Centuria Industrial REIT continues to focus on providing stable income and potential capital growth for investors through its high-quality industrial assets located in urban infill areas across Australia.