Charter Hall Office Management Limited
ABN 75 006 765 206
AFS Licence No. 247075 as responsible entity of Charter Hall Office REIT
COMPLETION OF SALE OF REMAINING US PROPERTIESMonday, 2 April 2012
Charter Hall Office REIT (ASX:CQO) (the 'REIT') today announced it has finalised the sale of all remaining United States (US) properties following the closing of its interest in One & Three Christina Center, Delaware and the five assets held in joint venture with MPG Office Trust (MPG) as part of the sale of the entire US portfolio to entities affiliated with Beacon Capital Partners, LLC (Beacon) announced on 3 August 2011.
The proceeds from these sales will be released and repatriated to Australia in the near term. Updated
Proposal key dates will be released once the Second Judicial Advice Date is secured.
For further information please contact: Adrian TaylorChief Executive Officer Charter Hall Office REIT Tel: +61 2 8295 1024
adrian.taylor@charterhall.com.au
Investor enquiries: Kylie RamsdenHead of Listed Investor Relations
Charter Hall
Tel: +61 2 8295 1016 kylie.ramsden@charterhall.com.au
Jill Rikard-BellChief Operating Officer Charter Hall Office REIT Tel: +61 2 8295 1013
jill.rikard-bell@charterhall.com.au
Media enquiries: Rachel Mornington-WestHead of Marketing and Communications
Charter Hall
Tel: +61 2 8908 4093
rachel.mornington-west@charterhall.com.au
About Charter Hall Office REIT
Charter Hall Office REIT is a leading listed real estate
investment trust with a portfolio of high grade office
buildings predominantly located in major business districts
across Australia. A customer focused approach to asset
management drives the leasing and refurbishment initiatives
with a view to maximising returns of the underlying
assets.
A proposal to acquire the issued units in Charter Hall Office
REIT was approved at a Charter Hall Office REIT Unitholder
meeting on 15 March 2012. The Proposal is still subject to a
number of conditions precedent. On the effective of the
Proposal will result in Charter Hall Office REIT being
de-listed from the ASX and re-formed into a new Charter Hall
managed wholesale fund to be called Charter Hall Office Trust
(CHOT).
For further information on Charter Hall Group and Charter
Hall Office REIT go to www.charterhall.com.au
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| This press release was issued by Charter Hall Office REIT and was initially posted at http://www.charterhall.com.au/pdf/chpt_ch/3100.pdf . It was distributed, unedited and unaltered, by noodls on 2012-04-02 04:12:04 AM. The issuer is solely responsible for the accuracy of the information contained therein. |