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Macquarie CountryWide Trust purchases another two properties


Macquarie CountryWide Trust (MCW or CountryWide) has entered into contracts to purchase a parcel of land for development in Australia and a supermarket in New Zealand for a combined total of A$10.57 million. The properties have been purchased on a forecast initial yield of 7.4 per cent. The acquisitions will be funded from capital raised in October 2004.

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