THE Aspen Diversified Property Fund has completed the sale of the Castle Hill Homemaker Centre in New South Wales for $19.0 million.
The Castle Hill property was one of seven commercial properties held by ADPF.
Unitholders of ADPF voted in July last year to conduct an orderly sale of the fund assets.
Proceeds from the sale have been applied to reduction of debt and allows the fund to meet the covenanted step down in its banking facility for 30 June 2013.
Property Review
