News and Announcements
Offers for Charter Hall Long WALE REIT Fully Underwritten
- Published October 27, 2016 2:12PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
27th October 2016, ASX Announcement
Charter Hall Group (ASX:CHC) (Charter Hall or the Group) today announced that the Institutional and Broker Firm Offers for the charter Hall Long WALE REIT (Long WALE REIT or the REIT) have been fully underwritten. In addition, binding subscriptions have been received from institutional vendors (including Charter Hall) for thee balance of the IPO.
Long WALE REIT will have a forecast forecast operating earnings yield of 6.3% annualised from the period from Allotment to 30 June 2017 and 6.4% annualised for 1H FY18. At Allotment, the REIT will have 22.9% balance sheet gearing and look through gearing of 35.0%.
A Supplementary Product Disclosure Statement for the REIT is expected to be lodged with the ASX by 28 October 2016.
To view the full announcement, please click on the button below.
Company Updates
BlackRock has named the next Economy. What this latest paper means for Private Market Investors.
BlackRock has put a name on something the smart money has been circling for two years. Its digital assets research team calls it the machine-native economy. The thesis fits in one line. AI is machine-native intelligence. Digital assets are machine-native money. Both are built on the same architecture, and they are converging into a single […]
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 […]
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 […]
Backed By Leading Investment Groups and Family Offices
