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CQR Distribution for the Half Year Ended 31 December 2014

05/12/2014

Charter Hall Retail Management Limited (CHRML), as responsible entity for Charter Hall Retail REIT (ASX:CQR) (the ‘REIT’) is pleased to declare a distribution of 13.70 cents per unit for the half year ending 31 December 2014.

Charter Hall Retail Management Limited (CHRML), as responsible entity for Charter Hall Retail REIT (ASX:CQR) (the ‘REIT’) is pleased to declare a distribution of 13.70 cents per unit for the half year ending 31 December 2014.

Distribution  13.70 cents per ordinary unit 
Record Date 31 December 2014 (5.00pm)
Units trade ex-distribution  29 December 2014 
Payment date   On or about 27 February 2015

The Distribution Reinvestment Plan (DRP) will remain active with the DRP issue price determined at a discount of 1.0% to the average of the daily volume weighted average market price of units traded on the ASX during the 15 business days commencing on 6 January 2015.

Notification of election to participate in the DRP must be lodged with Link Market Services Limited before 5:00pm AEST on 2 January 2015. DRP Units will be allotted on or around 27 February 2015.
Scott Dundas, Fund Manager of Charter Hall Retail REIT said: “We are pleased to announce this increased distribution, which reflects the resilience of the REIT’s portfolio in the current retail environment”. 

About Charter Hall Retail REITCharter Hall Retail REIT is a leading listed real estate investment trust with a portfolio of predominantly high quality Australian supermarket anchored 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 23 years’ experience managing high quality property on behalf of institutional, wholesale and retail clients. Charter Hall has over$12.1 billion of funds under 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 on Charter Hall Group and Charter Hall Retail REIT go to www.charterhall.com.au

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For further information,
please contact:

Scott Dundas
Fund Manager
Charter Hall Retail REIT
T +61 8651 9273 
scott.dundas@charterhall.com.au

Philip Schretzmeyer
Deputy Fund Manager
Charter Hall Retail REIT
T +61 8651 9246
philip.schretzmeyer@charterhall.com.au

 

 

For investor enquiries,
please contact

Nick Kelly
Head of Investor Relations 
Charter Hall
T +61 8651 9235
nick.kelly@charterhall.com.au 

For media enquiries,
please contact

Rachel Mornington-West
Head of Marketing and Communications
Charter Hall
T +61 8651 9248
rachel.mornington-west@charterhall.com.au