Search

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.

CLP is a $400 million fund operated in partnership with two Australian-based institutional investment groups, in which Charter Hall has agreed to invest $14 million.

Login

(existing subscribers)

The password field is case sensitive.
Request new password

Register for free

Sign up here for free access to 8 articles per month + twice daily business email alerts.

CAPTCHA
Thanks! This question prevents spammers...
Image CAPTCHA
Enter the characters shown in the image.

Add your comment

Charter Hall ( CHC)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Ranked by total area owned then by total assets

6th-Investa Property Group54,679
7th-AMP Capital46,673
8th-Charter Hall43,336
9th-Mirvac Group42,951
10th-St Martins Properties39,582
16 property - commercial owners ranked by size of total area in m2

Ranked by size of total area under management

6th-Primewest126,797
7th-Hawaiian98,515
8th-Charter Hall94,977
9th-ISPT93,718
10th-Stockland80,055
44 shopping centre owners ranked by size of total area in m2

BNiQ Disclaimer