Australia's Charter Hall Retail REIT divests two shopping centres for $148 mln

Charter Hall Retail REIT

11/12/2023 23:37

Dec 12 (Reuters) - Australia's Charter Hall Retail REIT
 CQR.AX  announced on Tuesday divestiture of two shopping
centres for a combined A$225.5 million ($148.00 million). 
    The property investment management company will sell
Southgate Square in South Australia for A$91 million, and
Rosebud Plaza in Victoria for A$134.5 million.
($1 = 1.5237 Australian dollars)

 (Reporting by Rajasik  Mukherjee; Editing by Subhranshu Sahu)
 ((Rajasik.Mukherjee@thomsonreuters.com;))