Charter Hall Long (ASX:CLW)
has extended the lease it granted to Coles Group (ASX:COL)
at its Perth Airport distribution centre.
The 81,000 square metre distribution centre was purpose built for Coles in 2008.
It is used as its regional distribution centre for Western Australia.
A lease extension has been agreed which increases the remaining lease term to 15 years, with expiry now set to occur in 2034.
Shares in Charter Hall Long (ASX:CLW)
are flat at $5.52.