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Charter Hall Retail Management Limited, as responsible entity of Charter Hall Retail REIT (ASX:CQR) today announces that the New Zealand Overseas Investment Office (OIO) has approved the acquisition of the bp New Zealand portfolio.
The acquisition, first announced on 10 September 2020, of an interest in a portfolio of 70 Long WALE triple net leased (NNN) Convenience Retail properties leased to bp, is expected to settle today.
Announcement authorised by the Chair
Click here to view the ASX Announcement