Charter Hall managed wholesale Core Plus Industrial Fund rolls over
Charter Hall Group (ASX:CHC) (Charter Hall or the Charter Hall Group) announces that on 31 July 2014, a meeting of unitholders in the Charter Hall Core Plus Industrial Fund (CPIF) voted to approve the roll over of the fund in its current form as an open ended wholesale pooled fund.
The next liquidity event for CPIF will occur on 31 July 2019.Joint Managing Director David Harrison said “CPIF has now moved through the first Liquidity Review since its launch in 2007, with a register of 25 wholesale investors and interest from new investors in further growing the Fund. CPIF 30 June 2014 gearing of 25% provides acquisition capacity prior to new net equity flows”.
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