CTI Logistics Announces Property Acquisition
Key points
- CTI Logistics to acquire property in Welshpool, WA
- Acquisition price set at $24,100,000
- Property near Kewdale Rail Terminal
- Redevelopment to house interstate transport business
- Funding via existing debt facilities
Full summary
CTI Logistics Limited (CTI) has announced the acquisition of a property at 125-129 Sheffield Road, Welshpool WA, for $24,100,000. The acquisition, which includes vacant possession at settlement on 10 November 2026, is part of CTI's strategy to secure strategically located property assets. The property is near the Kewdale Rail Terminal, offering a rare opportunity for CTI to relocate its interstate transport business. CTI will fund the acquisition and redevelopment using its existing debt facilities, maintaining financial flexibility.
Guidance
Acquisition price: $24,100,000; Settlement date: 10 November 2026
Outlook
CTI Logistics expects the acquisition to support its operating businesses and enhance its strategic property portfolio.
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