Brief: Brickworks Ltd Says Sale Of Oakdale East Stage 2 Into Industrial JV Trust

Brickworks

15/12/2022 01:59

Dec 15 (Reuters) - Brickworks Ltd  BKW.AX :
    * SALE OF OAKDALE EAST STAGE 2 INTO INDUSTRIAL JV TRUST
    * DEAL EXPECTED TO RESULT IN RECORD PROPERTY EBIT IN RANGE
A$430-A$450 MILLION FOR FIRST HALF OF FINANCIAL YEAR 2023
    * SALE FOR A$301 MILLION
    * SALE WILL DELIVER A PROFIT TO BRICKWORKS OF AROUND A$260
MILLION, TO BE RECORDED IN 1H23

Source text for Eikon:  ID:nASX8p110Z 
Further company coverage:  BKW.AX 
 ((Reuters.Briefs@thomsonreuters.com;))