Closed for Investment

Charter Hall Direct Green Square Fund

Charter Hall Direct Green Square Fund

The Charter Hall Direct Green Square Fund was launched in November 2017, to fund the development of the hotel on a fund-through basis. The hotel opened in 2019 and the Fund will own the hotel long-term.

Fixed term fund

Closed for investment

CHARTER HALL ICONS_BUILDINGS

Veriu, Green Square

Asset Name
Hotel

Hotel

Asset Type
ICONS - HOTEL AND ACCOMMODATION

144

Rooms

Location

CHARTER HALL ICONS_DEVELOPMENT 708x708

Development

  • Construction commenced late 2017 with the hotel opening in 2019.
  • Furnished Property has taken a 10 year lease (with 8 x 5 year options), with a minimum base rent with annual increases, and a turnover rent.
  • Furnished Property will operate the hotel under their Veriu Hotel & Suites Brand.
ICONS - CENTRAL LOCATION

Central Location

  • The site, at 18 O’Riordan Street, Alexandria, is located within the $13 billion, 278 hectare Green Square Urban Regeneration Area (‘GSURA’).
  • It is strategically located approximately 100 metres from the Green Square Train Station.
ICONS - DIRECT ACCESS TO MOTORWAYS

Accessible

  • Green Square is one of the most significant urban transformation programs under construction in Australia, revitalising the industrial edge of Sydney’s inner south into a vibrant global village. 
  • Sydney Airport Domestic and International Terminals are two and three stops respectively to the south with Central Station, one stop to the north.
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Board of Directors

Greg Paramor, AO

Greg Paramor, AO

Non-Executive Director

Ross Strang

Ross Strang

Non-Executive Director

Our Executives

Scott Martin

Scott Martin

Head of Finance - Diversified

Philip Cheetham

Philip Cheetham

Head of Listed Investor Relations

Important Information
This information has been prepared by Charter Hall FLK Funds Management Limited (ACN 138 125 881; AFSL 340990) (CHFFML) for information purposes only. This website is not an offer to sell or a solicitation or an offer to subscribe or purchase or a recommendation of any securities referred to herein and the information has not taken into account any potential investors' personal objectives, financial situation or needs.  While every care has been taken in the preparation of this website, CHFFML does not make any representation or warranty as to the accuracy or completeness of any statement in it, including without limitation any forecasts or opinions.  Persons viewing this document should conduct their own inquiries and investigations. Forecasts, opinions and estimates provided on this website are based on assumptions, contingencies and market conditions which are subject to change without notice and may involve significant elements of subjective judgement and assumptions as to future events which may or may not be correct and should not be relied upon as an indication of future performance. Past performance is not a reliable indicator of future performance. Distribution forecasts are subject to risks and distributions may vary in the future. The information on this website is subject to change, and CHFFML is not responsible for providing updated information to any person. To the maximum extent permitted by law CFFML disclaims all liability for any loss or damage which may arise out of the provision to or are by any person of the information contained in this website. CHFFML does not receive fees in respect of the general financial product advice it may provide, however they will receive fees for operating the schemes of which it is the responsible entity (Schemes) which, in accordance with the Schemes' Constitutions, are calculated by reference to the value of the assets of the Schemes. Entities within the Charter Hall Group may also receive fees for managing the assets of, and providing resources to the Schemes. For more detail on fees, see our latest annual report. To contact us, call +61 3 9903 6157 (local call cost).