Market Announcement - Innaloo Shopping Centre
Charter Hall Group (ASX:CHC) (‘Charter Hall’) today announced that the put option agreement toacquire the Innaloo Shopping Centre and Shoppers Village announced to the market on 11September 2013 has been terminated by Westfield Group and Westfield Retail Trust (together‘Westfield’) as vendor.
Transaction costs incurred by Charter Hall and its capital partner have been recovered through thepayment of a put option fee by Westfield.
About Charter Hall
Charter Hall Group (ASX:CHC) is one of Australia’s leading fully integrated property groups, with over 22 years’ experience managing highquality property on behalf of institutional, wholesale and retail clients. Charter Hall has over $10 billion of funds under management acrossthe 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-returnprofiles. Sustainability is a key element of its business approach and by ensuring its actions are commercially sound and make a differenceto its people, customers and the environment, Charter Hall can make a positive impact for its investors, the community and the Group.
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