Shares in Australian office tower owner Charter Hall Office real estate investment trust (REIT) will cease trading on Friday.

The NSW Supreme Court on Friday gave its approval of Charter Hall Office REIT’s takeover by a Singapore investment fund and a Canadian pension fund taking full ownership of Charter Hall Office real estate investment trust (REIT).

Charter Hall Office REIT owns office properties worth $1.9 billion, in Sydney, Melbourne, Perth and Canberra.