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Charter Hall and Telstra Super acquire $207 million Bunnings retail portfolio

25/10/2012

Charter Hall Group (ASX:CHC) (Charter Hall or the Group) today announced that jointly with Telstra Super, it has entered into a contract to acquire a national portfolio of recently completed Bunnings Warehouse retail stores for $176 million from Bunnings. Charter Hall and Telstra Super have also agreed to acquire a $30.7 million Bunnings anchored property at Stafford in metropolitan Brisbane from the Charter Hall managed Direct Retail Fund.

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