Continuous disclosure notice - DPF
30 June 2010
Orchard Capital Investments Limited (Orchard), as the responsible entity of Orchard Diversified Property Fund (DPF), today announced the settlement of the purchase of the Woolworths Regional Distribution Centre situated in Townsville QLD for a purchase price of $12 million.
The property was contracted to be acquired from Woolworths back in 2006, together with several other assets, on a long-term lease basis to Woolworths. Settlement of the Property was delayed due to the delay in receiving certain consents required to complete the contract of sale. Please click here to download a copy of this update.