Brief: Stride Property says Diversified entered agreement to acquire Westfield queensgate shopping centre
27/11/2015 02:50
Nov 26 (Reuters) - Stride Property Ltd STR.NZ : * Diversified has entered into an agreement to acquire the Westfield queensgate shopping centre * Says acquisition is subject to the approval of the overseas investment office * Says acquisition from entities owned by Scentre Group for NZ$445M * Transaction is not expected to impact stride's previously provided guidance for dividends for this financial year * Says settlement is expected to occur in the second quarter of the 2016 * Stride owns 2% of convertible notes in diversified and will contribute up to NZ$6M of capital to complete acquisition * Source text for Eikon ID:nNZW2jMjdF ((For more news, please click here STR.NZ )) ((Bengaluru Newsroom; +91 80 6749 1130))
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