Charter Hall funds take 100% of Metcash centre

Charter Hall Group has acquired the remaining 50 per cent stake it did not already own in grocery wholesaler Metcash's Canning Vale distribution centre for $63.5 million.

Charter Hall announced today that its newly-established industrial property fund, the Core Logistics Partnership (CLP), had acquired the 50 per cent stake in the distribution centre, as well as an AMCOR logistics facility in Melbourne, for $103.1 million.

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Real Estate - Residential

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