Not sure mate
We're not given the individual valuations of each property within Super or CSF. ABR was about 710k as at 31 Dec 08.
If NOI is say 10% less than ABR at $640k, then the cap rate may be around 9.4% ($640k/$6.8m)
More than likely sold at a loss but should still reduce look through gearing.
Cheers
another property sold, page-3
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