Australia's Charter Hall buys Telstra HQ building for $579 mln

July 12 (Reuters) - Australian landlord Charter Hall Group said on Friday it has formed a partnership to buy Telstra Corp's global headquarters in Melbourne for A$830 million ($578.84 million).

The partnership also comprises the Charter Hall Prime Office Fund and the Public Sector Pension Investment Board, Charter Hall said in a statement.

The 47-storey office tower is leased to Telstra, the lease expiring in the 2032 financial year.

($1 = 1.4339 Australian dollars) (Reporting by Aby Jose Koilparambil in Bengaluru Editing by Paul Tait)

2019-07-12 01:25:49

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