Meta Pixel

News and Announcements

Charter Hall sells 684 La Trobe Street

  • Published July 28, 2015 3:20PM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

28th July 2015, ASX Announcement

Charter Hall Group (ASX:CHC) (Charter Hall or the Group) today announced it has completed the sale of its interest of the development site at 685 La Trobe Street, Docklands, Melbourne for $ 31.5 million (with CHC realising $15.75 million for its 50% share).

The sale price represents a premium to the book value at 30 June 2015 and the proceeds will now be invested to generate operating earnings generated from Property Investments.

To read the full announcement, please click here. 

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