Charter Hall sells offshore assets at discount

Retail Real Estate Investment Trust (REIT) Charter Hall has fallen after selling its five Polish assets at a discount to their book value.

Retail Real Estate Investment Trust (REIT) Charter Hall has fallen after selling its five Polish assets at a discount to their  book value.

The stock has slipped 1% to $3.94 at 1100 AEST following the company's announcement that the sale price under the conditional contract is €174.5 million – a 4.6% reduction to the December 2012 book value.

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