General Announcement::Unconditional sale of Post Office Square QLD

Issuer & Securities

Issuer/ Manager
COMMONWEALTH MANAGED INVESTMENTS LIMITED
Securities
COMMONWEALTA$300M5.75%C160704 - XS0641119812 - 4XMB
COMMONWEALTA$600M5.075%C140821 - XS0312868838 - 3JXB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
16-Oct-2014 15:45:27
Status
New
Announcement Sub Title
Unconditional sale of Post Office Square QLD
Announcement Reference
SG141016OTHRG72G
Submitted By (Co./ Ind. Name)
Michelle Brady
Designation
Company Secretary
Effective Date and Time of the event
16/10/2014 17:00:00
Description (Please provide a detailed description of the event in the box below)
CFS Retail Property Trust Group (CFX or the Group) announces today the unconditional sale of Post Office Square in Brisbane s CBD for $67.0 million to a private investor.

Mr Angus McNaughton, Managing Director and CEO, said: The sale of Post Office Square is in line with our strategy of divesting non-core assets. At our 2014 annual results in August, we announced that we were planning between $100 million to $200 million of non-core asset1 sales over the next two years."

Attachments

141016_POSunconditionalFinal.pdf
Total size =51K