Fund at a glance
- Properties 9
- Portfolio valuation $314 million
- Occupancy 100%
BP Partnership invests in a high quality portfolio of seven Australian Bunnings Warehouse properties. Charter Hall has a co-investment in the partnership alongside a major institutional wholesale investor.
This unlisted wholesale partnership is open-ended and is available for investment by wholesale investors only.
Charter Hall raises $235 million for Long WALE Hardware Partnership from institutional investors and recycles $33 million equity investment
Charter Hall Group (ASX:CHC) (Charter Hall or the Group) today announced the expansion of its Bunnings partnerships (now called the Long WALE Hardware Partnership “LWHP”) by securing an additional $185 million institutional partner, which combined with a $50 million increase in equity commitment from the initial institutional partner, provides a total increased equity commitment of $235 million.
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.