Charter Hall reaps $48m on Melbourne office

Group's managed retail fund sells Home head office sold to a private investor.

Charter Hall Group Ltd has sold the Home head office in Nunawading, Melbourne for $48 million to a private investor.

It's managed fund, Charter Hall Retail (REIT), had a half stake in the property and will use the funds to repay $27.5 million in debt, while $10 million will be reinvested into shopping centres.


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