CLW - bp New Zealand acquisition approved by NZ Overseas Investment Office (OIO)

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Charter Hall WALE Limited as responsible entity of the Charter Hall Long WALE REIT (ASX:CLW) today announces that the New Zealand Overseas Investment Office (OIO) has approved the acquisition of the bp New Zealand portfolio.

The acquisition, first announced on 10 September 2020, of an interest in a portfolio of 70 Long WALE triple net leased (NNN) Convenience Retail properties leased to bp, is expected to settle today.

Announcement authorised by the Chair

Click here to view the ASX Announcement