Charter Hall’s managed convenience retail fund CCRF included in the MSCI/Mercer Australia Core Wholesale Property Fund Index

Charter Hall Group (Charter Hall or the Group) is pleased to announce that the $2.5 billion Charter Hall Convenience Retail Fund (CCRF or the Fund) has been added to the MSCI/Mercer Australia Core Wholesale Property Fund Index (MSCI or the Index) as per the recently released September 2025 monthly MSCI report.

Managing Director & Group CEO, David Harrison, said, “We have always aimed to have our pooled funds included in the MSCI Index, which serves as the key index for domestic and global institutional investors to measure their Australian property returns against. As the largest manager of office and convenience retail assets in Australia, and one of the largest industrial real estate owners and managers, the inclusion of CCRF now provides our investors with a suite of funds spanning three core sectors, including retail, industrial and office. Many of our fund investors choose to invest in one, two or all three of these sector-specific funds, providing a diversification of exposures based on their sector preferences, without the need to select a diversified fund.

“Additionally, we consider this Index increasingly important under the Government’s league table initiatives, which publish comparative super fund returns. Our funds aim to outperform the core index, so our investors property return performance outperforms this key benchmark.”

Charter Hall Retail CEO, Ben Ellis, said, “The successful launch and growth of equity commitments to CCRF, and the team’s portfolio curation to create a $2.5 billion portfolio, warrants the Fund’s inclusion in the Core Index. It’s also evidence of the dramatic shift in wholesale investor appetite towards convenience retail, predominantly leased to non-discretionary retail tenant customers. As Australia’s leading owner of convenience retail with a $16 billion platform, this has long been a high conviction sector for Charter Hall. We’re pleased to be partnering with high quality institutional wholesale investors to deliver outperformance in the sector.

“CCRF was formally capitalised with new wholesale equity in July 2025 as a wholesale pooled/co-mingled fund. The strategy is to invest in metropolitan convenience shopping centres with a minority allocation to metropolitan net-leased retail assets, predominately leased to the highly successful Bunnings retail business, throughout Australia.”

With CCRF’s inclusion, Charter Hall managed funds now represent over 20% of the MSCI wholesale core property industry benchmark by both NAV and gross assets.