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Starhill Global Real Estate Investment Trust Announces Completion Of Acquisition Of Plaza Arcade In Perth, Australia


Friday, 1 Mar 2013 04:23am EST 

Starhill Global Real Estate Investment Trust announced with reference to the announcement made on January 24, 2013, the Company now announced that the acquisition of the Plaza Arcade located at 650 Hay Street Mall & 185 Murray Street Mall, Perth, WA 6000, Australia ( Plaza Arcade) was completed on March 01, 2013. The purchase consideration of AUD48.0 million (or approximately SGD61.0 million ) has been approximately 40% funded by proceeds from Starhill Global REIT’s rights issue completed in August 2009 (the Rights Issue) with the balance funded by external borrowings under Starhill Global REIT’s revolving credit facilities. 

Company Quote

0.83
-0.0050 -0.60%
11 Jul 2014