CHARTER Hall Office REIT, which owns properties worth $1.8 billion in Australia, has agreed to sell all its units to a consortium including an affiliate of the Government of Singapore Investment Corporation.
The consortium comprising of Reco Ambrosia, an affiliate of GIC, and the Public Sector Pension Investment Board of Canada, has entered a Scheme Implementation Agreement with Charter Hall Office REIT to buy all the issued units of the trust at $2.49 per security. Full story
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