CHARTER Hall Office REIT has transferred its interest in its joint venture with MPG Office Trust to entities affiliated with Beacon Capital Partners, as part of the sale of its United States portfolio.
The transactions include 100% interests in two properties (Wells Fargo Center, Denver, Colorado and the San Diego Technology Center, Los Angeles, California which are 80% owned by the trust and 20% owned by MPG.
CQO will also transfer 80% interest in the remaining three joint venture properties in California (One California Plaza, Los Angeles; Cerritos Corporate Center, Cerritos; and Stadium Gateway, Anaheim).
Australian Property Journal
