Fund at a glance
- Properties 53
- Portfolio valuation $3 billion
- Occupancy 95.6%
- WALE 8.9 years
Charter Hall's Prime Industrial Fund (CPIF) focuses on sourcing properties in the industrial and logistics sectors of major Australian capital cities. It includes both core and enhanced, investment-grade property assets. The fund was launched in April 2007, having raised $350 million in equity commitments.
Charter Hall Prime Industrial Fund enhances debt platform, completing USPP issuance oversubscribed
Charter Hall Group today announced that its largest industrial fund, the Charter Hall Prime Industrial Fund (“CPIF” or the “Fund”) has enhanced and diversified the tenor of its debt-funding platform, pricing a A$350 million (equivalent) US Private Placement transaction.
Charter Hall utilises integrated platform to secure $171.4m industrial portfolio for three managed funds
Charter Hall Group (ASX:CHC) (Charter Hall or the Group) today announced it has secured a $171.4 million industrial portfolio leased to the leading Australasian poultry producer and processor, Inghams Enterprises Pty limited (Inghams) on behalf of its managed funds. The transaction reflects an average initial yield of 7.82% benefiting from a Weighted Average Lease Expiry (WALE) by income of 22 years.
Strong investor demand sees Charter Hall launch highly rated third Direct Industrial Fund
Following strong investor demand for the award winning DIF1 in July 2012 and DIF2 in November 2013, Charter Hall has launched its third industrial vehicle, the Charter Hall Direct Industrial Fund No.3 (DIF3).
This information has been prepared by Charter Hall Funds Management Limited ABN 31 082 991 786; AFSL 262861 (‘CHFML’) for information purposes only. This website is not an offer to sell or a solicitation or an offer to subscribe or purchase or a recommendation of any securities referred to herein and the information has not taken into account any potential investors' personal objectives, financial situation or needs. Before investing, you should consider your own objectives, financial situation and needs or you should obtain financial, legal and/or taxation advice.
CHFML does not receive fees in respect of the general financial product advice it may provide, however they will receive fees for operating the schemes of which it is the responsible entity (‘Schemes’) which, in accordance with the Schemes' Constitutions, are calculated by reference to the value of the assets of the Schemes. Entities within the Charter Hall Group may also receive fees for managing the assets of, and providing resources to the Schemes. For more detail on fees, see our latest annual report. To contact us, call 1300 365 585 (local call cost).