Meta Pixel

News and Announcements

Charter Hall Prepares IPO of Long WALE REIT

  • Published June 08, 2016 10:09AM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

7th June 2016, ASX Announcement

Charter Hall Group (ASX: CHC) (Charter Hall or the Group) today announces that it is preparing to list on the ASX a new real estate investment trust, Charter Hall Long WALE REIT (Long WALE REIT or the REIT). It is intended that the REIT will be comprised of a geographically diversified portfolio of industrial, office and hospitality assets with a total value of greater than $1 billion and a weighted average lease expiry (WALE) in excess of 12 years.

Charter Hall’s Managing Director and Group CEO, David Harrison said: Given recent volatility across global equity and commodity markets, we expect quality property with secure cash flows to remain highly attractive to institutional and retail investors. The creation of Long WALE REIT is a further continuation of the Group’s strategy and we look forward to presenting investors with the opportunity during 2016″.

To view the full announcement, please click on the button below.

Capital Insights
Where’s the beef? Blackstone just answered the AI question.

In 1984, a fast food ad asked a question that became a catchphrase. Where’s the beef? Jon Gray, President of Blackstone, used that line this month in front of global LPs. It is the question every capital allocator is asking about AI. Trillions of dollars are going into chips, data centres and power. That is […]

Company Updates
The Best of Both Worlds: How Omnique Fund is Rewiring Real World Assets via Tokenisation

For decades, the playbook for Australia’s wholesale investors has remained relatively unchanged: pick between the slow-moving, illiquid reliability of tangible assets like property and gold, or chase the frictionless, high-velocity liquidity of public equity and digital markets. But as macroeconomic volatility spikes and a structural housing deficit reshapes private debt demand, sophisticated investors are demanding […]

Join over 45,000+ sophisticated investors

Join Now