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BRIEF-Aventus Retail Property Fund acquires two large format retail centres

May 30 Aventus Retail Property Fund


* Entered into an unconditional agreement to acquire two large format retail centres located in metropolitan sydney for $436 million


* Transaction is not expected to have a material impact on fund in FY17 with FFO per unit expected to be 17.7 cents


* FY18 FFO per unit is expected to be 2% to 4% higher than FY17, including impact of transaction


* Undertaking an underwritten 1 for 4.3 accelerated non-renounceable entitlement offer of units in the fund


* Non-renounceable entitlement offer at a fixed issue price of $2.326 per unit to raise $215 million

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