Fund at a glance
- Properties 26
- Portfolio valuation $1.5 billion
- Occupancy 99.8%
- WALE 10.1 years
Core Logistics Partnership (CLP) is a wholesale partnership that invests in institutional-grade industrial and logistics centres.
Charter Hall has a co-investment in the partnership alongside two major institutional wholesale investors.
The CLP strategy is focused on acquiring long-leased, high-quality industrial and logistics facilities.
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).
Charter Hall Group 2014 Annual Report
Charter Hall Group has grown, since its launch in 1991, to become one of Australia’s leading property groups, with a total managed property portfolio of $11.5 billion. Post balance date, we have announced the acquisition of a further $600 million of assets, taking the total portfolio to $12.1 billion.
This information has been prepared by Charter Hall Wholesale Management Limited ABN 75 006 765 206; AFSL 247075 ("CHWML") 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.