Australia's Centuria Office REIT to divest Queensland property at discount

Centuria Office REIT

25/07/2023 24:19

July 25 (Reuters) - Australian real estate investment
trust Centuria Office REIT  COF.AX  said on Tuesday it will
divest its 35 Robina Town Centre Drive property in Queensland
for A$40 million ($26.94 mln), a 5% discount to the property's
book value as at Dec 31, 2022. 

 ($1 = 1.4846 Australian dollars)

 (Reporting by John Biju in Bengaluru)
 ((John.Biju@thomsonreuters.com;))