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Macquarie CountryWide Trust Unit Purchase Plan - Confirmation of allotment


Macquarie CountryWide Trust (ASX:MCW) is acquiring an interest in a portfolio of 33 grocery anchored shopping centres in the United States for approximately US$260 million. The Trust has also embarked on an asset sale program of between US$150 million and US$300 million which will partly fund the acquisition. The vendor of the properties is the Schnuck family – owner operators of Schnucks Markets, Inc. – a market dominant grocery business of more than 100 stores across United States’ mid-west and one of the largest US family-owned and operated retail chains. 

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