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Sale of mile end homemaker centre SA

27/08/2012

Charter Hall Retail REIT (ASX:CQR) (the ‘REIT’) today announced it has entered into an unconditional contract for the sale of Mile End Homemaker Centre, South Australia for $43.8 million. The gross sale price is in line with the June 2012 book value and represents a passing yield of approximately 9.6%.

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