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CHC increases its interest in CQO by 3.3% to 13.3%

21/06/2011

Charter Hall Group (ASX:CHC) (‘CHC') today announces that it has entered into a Unit Transfer Agreement (‘UTA') to acquire an additional 3.3% stake in Charter Hall Office REIT (the ‘Sale Units') (ASX:CQO) (‘CQO') from New York based hedge fund Fir Tree Capital. The stake acquired under the UTA and CHC's existing stake brings total CHC ownership in CQO to 13.3%[1]. CHC remains CQO's single largest unitholder, further aligning the interest between CHC and CQO.

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