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Reuters
Reuters
Business

Australia's Charter Hall buys Telstra HQ building for A$830 million

(Reuters) - Australian landlord Charter Hall Group <CHC.AX> said on Friday it has formed a partnership to buy Telstra Corp's <TLS.AX> global headquarters in Melbourne for A$830 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.

(Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Paul Tait)

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