Together we are excited by the possibilities this creates for our people, customers and investors.
Earlier this year Charter Hall and Folkestone announced that they entered into a Scheme Implementation Agreement for Charter Hall to acquire Folkestone. Folkestone shareholders voted in favour of the Scheme and it became legally effective as of Wednesday, 7 November 2018.
We see this as an excellent fit of two likeminded businesses. We welcome the Folkestone team into Charter Hall and the complementary skills they will bring, as we work together to create value for our customers and investors.
By joining forces, Charter Hall expands its investable universe from office, industrial and retail into the social infrastructure and early learning sector. This sector provides growth opportunities for our customers and provide new and exciting opportunities for our people to enhance their skills.
Charter Hall’s strategy continues to be using our property expertise to access, deploy, manage and invest in core real estate to create value and generate superior returns for our customers.
To access information about the Charter Hall Education Trust, Charter Hall Maxim Property Securities Fund or any of the unlisted funds, click here.
Charter Hall - Head Office Sydney
Level 20, No.1 Martin Place,
Sydney, NSW, 2000
GPO Box 2704
Sydney NSW 2001