9 Castlereagh Street, Sydney
Completed in 1989, 9 Castlereagh Street is a unique, Harry Seidler-designed landmark office tower featuring a unique internal light well and variety of floor plates. The property has 31 upper office levels, ground floor retail incorporating a café, an invaluable childcare facility at the rear and basement parking for 79 vehicles.
|Year built||1989 (2010)|
|Ownership||100% - Charter Hall Prime Office Fund|
|Total NLA (sqm)||20,847|
|Typical floor plan (sqm)||671-767|
|Major tenants||Compass, ICAP Australia|
Acquired February 2013
|100%||Charter Hall Prime Office Fund|
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Charter Hall Direct Office Fund equity inflows pass $175m mark
Charter Hall Group (ASX:CHC) today announced that its Direct Office Fund (DOF) has now raised circa $175 million since its launch, as a broad range of investors see a compelling opportunity to invest in a high quality long WALE (weighted average lease expiry) office portfolio.
Charter Hall Group Property Portfolio June 2013
Charter Hall is one of Australia’s leading fully integrated propertygroups, with over 22 years’ experience managing high qualityproperty on behalf of institutional, wholesale and retail clients.
Charter Hall Acquires 9 Castlereagh Street, Sydney
Charter Hall Group (ASX:CHC) (the Group) today announced its $1.7 billion wholesale Core Plus Office Fund (CPOF) has contracted to acquire the Harry Seidler designed Sydney CBD office tower 9 Castlereagh Street for $172.5 million, which is expected to generate a rental income of $15.1 million on a fully leased basis. The purchase price includes $4 million in income support and the payment of all outstanding incentives.