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Commonwealth Property Office to Undertake Off-Market Buyback

Commonwealth Property Office Fund (CPA) plans an off-market buyback tender for its units. It could buy back between A$50 million and A$100 million of units, though reserves the right to buy back any amount up to 10 percent of units or any amount below the anticipated range, depending upon market conditions, according to a regulatory filing.

To contact the editor responsible for this story: Victoria Batchelor at vbatchelor@bloomberg.net

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