Charter Hall raises billions for industrial fund

Charter Hall Prime Industrial Fund has secured $2.6 billion since April 2020, amid a pandemic. Group Industrial and Logistics CEO credits the strong performing and tightly held sector plus new acquisitions including its ALDI and VISY Glass portfolios.

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Charter Hall acquires $353M Bunnings portfolio

Charter Hall Long WALE Hardware Partnership has acquired a $353 million portfolio of six Bunnings stores located in prime metropolitan markets across Australia. The Charter Hall platform now have in excess of $2.4 billion invested in 59 Bunnings stores.

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Global investor demand for modern logistics assets

Occupier demand for industrial & logistics facilities remains high for global investors. Australia’s investable industrial property space has been estimated at $90 billion and most investors in the sector are looking to build a portfolio of between $1.0 billion and $1.5 billion.

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