Growthpoint Properties Australia (ASX:GOZ) exchanged contract to acquire Four Adjoining Industrial Warehouses for AUD 46 million on July 13, 2017. The acquisition will be initially funded from debt available under existing undrawn facilities. The acquisition is subject to third party consents and completion of vendor works. The acquisition is expected to close in approximately 30 business days. The acquisition is expected to be accretive to Growthpoint’s projected funds from operations from settlement. JLL provided purchase price valuation support in the transaction. Growthpoint Properties Australia (ASX:GOZ) completed the acquisition of Four Adjoining Industrial Warehouses on October 9, 2017.