Distribution for the Half Year Ended 31 December 2013
Charter Hall Retail Management Limited, as responsible entity for Charter Hall Retail REIT (ASX:CQR) (the ‘REIT’) is pleased to declare a distribution of 13.65 cents per unit for the half year ending 31 December 2013.
Proposed payment details are:
|Distribution:||13.65 cents per ordinary unit|
|Record date:||31 December 2013 (5:00pm)|
|Unit trade ex-distribution:||23 December 2013|
|Payment date:||On or about 28 February 2014|
The Distribution Reinvestment Plan (DRP) will remain active with the DRP issue price determined at a discount of 1.0% to the volume weighted average market price of units traded on the ASX during the 10 business days from and including the ex-distribution date.
Notification of election to participate in the DRP must be lodged with Link Market Services Limited before 5.00 pm AEST on 31 December 2013 (Record Date). DRP units will be allotted on or around 28 February 2014.
Scott Dundas, Fund Manager of Charter Hall Retail REIT said: “We are very pleased to announce this increased distribution, which reflects the performance of the REIT’s resilient non-discretionary Australian portfolio.”
About Charter Hall Retail REIT
Charter Hall Retail REIT is a leading listed real estate investment trust with a portfolio of predominantly high quality Australian supermarketanchored neighbourhood and sub-regional shopping centres.
Charter Hall Retail REIT is managed by Charter Hall Group (ASX:CHC), one of Australia’s leading fully integrated property groups, with over 22years’ experience managing high quality property on behalf of institutional, wholesale and retail clients. Charter Hall has over $10 billion of fundsunder management across the office, retail and industrial sectors. The Group has offices in Sydney, Melbourne, Brisbane, Adelaide and Perth.
The Group’s success is underpinned by a highly skilled and motivated team with diverse expertise across property sectors and risk-return profiles.Sustainability is a key element of its business approach and by ensuring its actions are commercially sound and make a difference to its people,customers and the environment, Charter Hall can make a positive impact for its investors, the community and the Group. For further information onCharter Hall Group and Charter Hall Retail REIT go to www.charterhall.com.au
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