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Centuria Office REIT - Divestment of interest in 465 Victoria Ave, Chatswood, NSW

Centuria Property Funds Limited (CPFL), as Responsible Entity for the Centuria Office REIT (ASX: COF), announced it has entered into an unconditional contract for the sale of its 25% interest in 465 Victoria Avenue, Chatswood NSW for $44.7 million.

The book value for COF’s 25% interest in the property as at 30 June 2020 was $41.9 million. Settlement is expected to occur in February 2021.

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