Sept 13 (Reuters) - Propertylink Group (PLG) :
- PROPOSAL TO ACQUIRE CENTURIA INDUSTRIAL REIT
- OFFER FOR A CONSIDERATION OF 2.5327 PLG SECURITIES AND $0.33 CASH FOR EACH CIP UNIT
- IMPLIED VALUE OF PROPERTYLINK'S PROPOSAL IS $3.04 PER CIP UNIT, WHICH VALUES EQUITY OF CIP AT $755 MILLION
- BY ACQUIRING CIP, CO IS EXPECTED TO GENERATE ACCRETION TO PLG'S FY19 EPS AND DPS ON A PRO FORMA BASIS