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31 January 2010
K-REIT Asia acquires 50% stake in prime commercial building in Brisbane, Australia
The Manager of K-REIT Asia is pleased to announce that RBC Dexia Trust Services Singapore Limited, in its capacity as the trustee of K-REIT Asia has, through K-REIT Asia (Australia) Trust, a wholly-owned subsidiary of K-REIT Asia, contracted with Charter Hall Opportunity Fund No.4, for the acquisition of a 50% interest in, 275 George Street, Brisbane, Australia at a price of A$166.0 million or approximately S$208.6 million.
Please refer to the documents attached.
Attachments:
Press Release
SGXNET Announcement
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