News and Announcements
Charter Hall sells 684 La Trobe Street
- Published July 28, 2015 3:20PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
28th July 2015, ASX Announcement
Charter Hall Group (ASX:CHC) (Charter Hall or the Group) today announced it has completed the sale of its interest of the development site at 685 La Trobe Street, Docklands, Melbourne for $ 31.5 million (with CHC realising $15.75 million for its 50% share).
The sale price represents a premium to the book value at 30 June 2015 and the proceeds will now be invested to generate operating earnings generated from Property Investments.
To read the full announcement, please click here.