Dec 21 (Reuters) - Centuria Metropolitan Reit No 2 (CMA) -
- CMA announces sale of Mars Road, Lane Cove
- CMA has entered into an unconditional contract for sale of 14 Mars Road, Lane Cove, to incumbent tenant, Cochlear Limited
- Contract for sale of 14 mars road, lane cove, to Cochlear Limited for $26.0 million
- Cma intends to use proceeds from sale to reduce debt pending identification of a suitable reinvestment opportunity
- Disposal does not materially impact cma's fy17 earnings; guidance is reaffirmed within range of 18.7 to 19.0 cents
News: CMA Centuria Metropolitan Reit No 2 to sell property to Cochlear Ltd
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