21 December 2007
Foster's completes sale and lease-back of Abbotsford properties
Foster's Australia Limited (Foster's) today completed the sale of a portfolio of properties for $41 million to a joint venture comprising DPF, a managed fund of Charter Hall Ltd and the Wyllie Group.
The sale includes a portfolio of 10 properties adjacent to the Abbotsford brewery site, comprising administrative buildings, carparks and a visitor centre. A lease back of the properties has been agreed with an initial ten year term with subsequent five and seven year options.
Further information:
Media
Troy Hey
Tel: +61 3 9633 2085
Mob: +61 409 709 126
Investors
Chris Knorr
Tel: +61 3 9633 2685
Mob: +61 417 033 623