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Charter Hall increases its FUM by $0.95 billion to $14.5 billion

08/09/2015

As per the attached media release, Charter Hall Group (ASX: CHC) (Charter Hall or the Group) today announced its industrial funds under management (FUM) has increased by $700 million.

As per the attached media release, Charter Hall Group (ASX: CHC) (Charter Hall or the Group) today announced its industrial funds under management (FUM) has increased by $700 million.

When combined with the $250 million of retail and office acquisitions recently announced by the Group, including $102 million of retail acquisitions by Charter Hall Retail REIT (ASX:CQR) and the Aurizon pre-leased project acquired by CPOF/DOF which has an on completion value of $170 million, the Group’s FUM will increase to $14.5 billion; an increase of $0.95 billion since 30 June 2015.

The impact of these transactions is expected to be slightly OEPS accretive but within the FY16 OEPS guidance provided at the FY15 Results Announcement.

<View PDF version of ASX release >

<View PDF version of Media release >

For further information:

David Harrison 
Joint Managing Director 
T: +61 8651 9142
david.harrison@charterhall.com.au

 

David Southon
Joint Managing Director 
T: +61 8651 9143 
david.southon@charterhall.com.au

For investor enquiries: 

Nick Kelly 
Head of Investor Relations 
Charter Hall 
T: +61 8651 9235
nick.kelly@charterhall.com.au
For media enquiries: 

Rachel Mornington-West 
Head of Marketing and Communications 
Charter Hall 
T: +61 8651 9248 
rachel.mornington-west@charterhall.com.au