Brief: Qube Sells Beveridge Land Option To Commonwealth

Qube Holdings

28/03/2022 02:32

March 28 (Reuters) - Qube Holdings Ltd  QUB.AX :
    * QUBE - QUBE SELLS BEVERIDGE LAND OPTION TO COMMONWEALTH
    * QUBE - QUBE RETAINS SIGNIFICANT UPSIDE FROM POTENTIAL
FUTURE
DEVELOPMENT OF SITE
    * QUBE -  ALSO ENTERED AGREEMENT GIVING QUBE RIGHT TO
REPURCHASE
OPTION SHOULD NATIONAL INTERMODAL CHOOSE NOT TO EXERCISE PRIOR
TO SEPTEMBER THIS YEAR
    * QUBE - QUBE HAS ALSO BEEN GRANTED AN OPTION TO BUY BACK UP
TO
200HA OF DEVELOPABLE LAND AT A FUTURE POINT
    * QUBE - SOLD ITS OPTION TO BUY LAND AT BEVERIDGE NORTH OF
MELBOURNE FOR DEVELOPMENT OF RAIL FREIGHT TERMINAL TO NATIONAL
INTERMODAL CORPORATION

Source text for Eikon:  ID:nASX6W3qFr 
Further company coverage:  QUB.AX 

 ((Reuters.Briefs@thomsonreuters.com;))