March 19, 2018 / 7:44 AM / a month ago

BRIEF-Pacific Industrial Says Proposed 50 Mln Stg Placing To Fund Acquisitions

March 19 (Reuters) - Pacific Industrial & Logistics Reit Plc :

* PROPOSED £50 MILLION PLACING TO FUND ACQUISITIONS

* PACIFIC INDUSTRIAL & LOGISTICS REIT -RAISE GROSS PROCEEDS OF £50 MILLION TO FUND ACQUISITION OF UK URBAN LOGISTICS ASSETS WITH ACQUISITION COST OF £73.6 MILLION Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)

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