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Charter Hall Retail REIT buys Albany Creek Shopping Centre, Brisbane for $40.1 million

18/08/2011

Charter Hall Retail REIT (ASX:CQR) (the ‘REIT’) today announced that it has executed a contract to acquire Albany Creek Shopping Centre in Brisbane, for $40.1 million from a Centro/MCS managed syndicate at an initial yield of approximately 8.75%.

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