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Charter Hall Direct Property Fund extends debt facilities


Charter Hall Group (ASX: CHC) today announced its Charter Hall Direct Property Fund (CHDPF) has consolidated two separate debt facilities, due for expiry this financial year, into a new $240 million loan facility expiring in September 2013. The new debt facility extends CHDPF’s weighted average debt expiry to three years which is an increase from 0.4 years at 30 June 2010.

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