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Generation Healthcare REIT announces unit placements


Wednesday, 21 May 2014 09:44pm EDT 

Generation Healthcare REIT:Says issue of about 53,989,292 units consisting of 5,750,000 units pursuant to a placement to be issued June 3, 12,083,333 units pursuant to placement to be issued June 20 and 36,155,959 units pursuant to fully underwritten accelerated non-renounceable pro-rata rights issue.Issue price is A$1.20 per unit.Proceeds will be used to fund acquisition of medical office building located at 55 Little Edward Street, Brisbane, including via issue of 12,083,333 units as part consideration for acquisition, refurbishment and expansion of Epworth Freemasons Clarendon Street and transaction costs. 

Company Quote

1.45
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24 Nov 2014