CHC charter hall group
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News: CHC Australia's Charter Hall buys Telstra HQ building for $579 mln

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    12/07/19
    09:30
    Post #: 39488548

    July 12 (Reuters) - Australian landlord Charter Hall Group (CHC) said on Friday it has formed a partnership to buy Telstra Corp's (TLS) global headquarters in Melbourne for A$830 million ($578.84 million).

    The partnership also comprises the Charter Hall Prime Office Fund and the Public Sector Pension Investment Board, Charter Hall said in a statement.

    The 47-storey office tower is leased to Telstra, the lease expiring in the 2032 financial year. ($1 = 1.4339 Australian dollars)

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