Charter Hall Retail REIT - Sale of Brickworks Marketplace
Share this page
LINKEDIN
FACEBOOK
TWITTER
EMAIL
2 mins
Share
By proceeding you confirm that you are a resident of Australia or New Zealand accessing this website from within Australia or New Zealand and you represent, warrant and agree that:
- you are not in the United States or a “U.S. person”, as defined in Regulation S under the U.S. Securities Act of 1933, as amended (“U.S. Person”), nor are you acting for the account or benefit of a U.S. Person;
- you will not make a copy of the documents on this website available to, or distribute a copy of such documents to, or for the account or benefit of, any U.S. Person or any person in any other place in which, or to any other person to whom, it would be unlawful to do so; and
- the state, territory or province and postcode provided by you below for your primary residence in Australia or New Zealand are true and accurate.
Unfortunately, legal restrictions prevent us from allowing you access to this website. If you have any questions, please contact us by e-mail by clicking on the link below.
Charter Hall Retail REIT (ASX: CQR) is pleased to announce the sale and settlement of Brickworks Marketplace, SA for $85 million1. Brickworks Marketplace was held in RP1, which CQR has a 50% interest in alongside Telstra Super. The sale price represents a $4.9 million or 6.1% premium to the December 2022 book valuation.
Charter Hall Retail CEO Ben Ellis stated:
“This sale is a strong outcome for CQR and its wholesale partner Telstra Super. Our partnership with Telstra Super has been long and successful with RP1 delivering a 12% equity IRR since inception of the partnership in 2011. The sale was the result of an unsolicited offer and demonstrates the underlying quality and the strong demand for CQR’s Convenience Plus retail assets. It also demonstrates Charter Hall’s on-going focus on curating our portfolios to recycle capital and invest for the benefit of unitholders.”
CQR will report FY23 results on Tuesday 15th August.
Announcement authorised by the Managing Director and Group CEO
Click here to view the PDF ASX Announcement
1 CQR share 50% or $42.5 million.
.tmb-news.jpg?Culture=en&sfvrsn=3f46b207_3 "News")
Talk to us
Thanks for your interest in Charter Hall. Fill in your details below and we’ll get back to you as soon as possible.
I am interested in
Enquiry
*Indicates that this field is required.
All personal information submitted will be treated in accordance with our privacy policy.
By registering and/or submitting personal data to Charter Hall, you agree that, where it is permitted by law and in accordance with our Privacy Statement or where you have agreed to receive communications from us, Charter Hall may use this information to notify you of our products and services and seek your feedback on our products and services. Please note you can manually opt out of any communications.
-
© Charter Hall Group, 2025.
- Terms of Use
- Privacy Policy
- Complaints Guide
- Feedback
