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Macquarie CountryWide Trust builds stake in First Washington portfolio - Results

03/02/2006

Listed property trust Macquarie CountryWide Trust (ASX: MCW) today announced it is reweighting its portfolio to historically strong US growth markets by increasing its exposure to the First Washington portfolio and selling a range of non-core properties. Investors are expected to benefit from the First Washington portfolio’s higher net operating income growth and greater rental rate growth.

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