Charter Hall PIF pays Viridian Glass $100 million for Dandenong South industrial investment

EXCLUSIVE Charter Hall is paying Viridian Glass $100 million for a major industrial investment in Melbourne’s Dandenong South. The sale and leaseback agreement was struck seven months after Viridian Glass listed its headquarters of more than six decades at 51-95 Greens Road. Covering a 20 hectare industrial zoned plot, the 77,124 square metre facility is

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Charter Hall pays John Holland $331.3 million for The Glasshouse building in Sydney’s Macquarie Park

Charter Hall is continuing a national spending spree – outlaying $331.3 million for a suburban Sydney office majority leased to the New South Wales Department of Transport. The Glasshouse, or Building C of the Macquarie Square business park (artist’s impression, below), is due for completion next March. Charter Hall’s Long WALE REIT will control a

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Reading International, Inc, leases space within Charter Hall’s Millers Junction for premium cinema

Reading International, Inc, will occupy a state-of-the-art cinema within Charter Hall’s Millers Junction retail development, in Melbourne’s west. The NASDAQ listed company plans to trade from its six-screen Altona North complex by mid-2020. “Reading Cinema Millers Junction will showcase the highest quality in Australian cinema as western Melbourne’s first premium TITAL LUXE auditorium with convenient

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Charter Hall and Western Sydney University to build $350 million Innovation Quarter, with three mixed-use towers

Charter Hall has entered into a development agreement with Western Sydney University to build Innovation Quarter – promising to be a world class, health-focused ecosystem of services. The $350 million development will comprise of three mixed-use towers, with more than 38,000 square metres of area, to be occupied as research, health, education and commercial space.

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Charter Hall Long WALE REIT pays LaSalle Investment Management $63.6 million for Upper Mount Gravatt office

Charter Hall’s Long WALE REIT is paying $63.6 million for a suburban Brisbane office built in 1992 for the Australian Taxation Office, which is still the occupier. The Upper Mount Gravatt building at 28 McGregor Street is being offloaded by US-based LaSalle Investment Management, which paid $57 million for it in 2016. Rising six-levels, the

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Charter Hall spends $30.9 million on Dandenong South industrial investment

Charter Hall has spent $30.9 million on an industrial asset in Melbourne’s Dandenong South. The property, 282-300 Hammond Street, sold with leaseback to Greencare Developments, which manufacturers “eco-responsible” cosmetics and household cleaning products. On the south-west corner of Brooks Drive, the 6.8 hectare holding contains buildings with a total of about 20,000 square metres of

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Charter Hall’s 130 Lonsdale Street filled 10 months prior to completion following AustralianSuper lease

EXCLUSIVE AustralianSuper – the country’s largest industry superannuation fund – has signed a significant 16,200 square metre lease deal within a Charter Hall office under construction at 130 Lonsdale Street. With this commitment, the 35-level, 60,000 sqm premium-grade commercial building will be fully occupied when it opens in 10 months. AustralianSuper has rented skyrise floors

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Frasers, ESR, buy ex-Peters ice cream HQ from Charter Hall and pre-commit Nissan to an office which is now for sale

EXCLUSIVE Joint venture partners Frasers Property Australia (FPA) and ESR are paying Charter Hall $14.5 million for a 4.67 hectare piece of the former Peters ice cream headquarters in Mulgrave. The deal for 254 Wellington Road only settled recently, but was mooted more than two years ago when FPA applied to replace its holding with

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Two Charter Hall funds buy Brisbane City Council Bus Network Terminal for $102.5 million

Queensland Treasury Corporation has sold the near-new Brisbane City Council Bus Network Terminal for $102.5 million. Two Charter Hall funds – Charter Hall Long WALE REIT (CLW) and Charter Hall Education Trust (CQE) – are each paying $51.25 million for a half-share. Completed in 2013, the Eagle Farm terminal occupies a 6.2 hectare site in

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Charter Hall in c$800 million play for Melbourne’s 242 Exhibition Street

Charter Hall is reportedly in negotiations to buy a Melbourne CBD office for nearly $800 million. The Sydney-based fund manager is speculated to be acquiring 242 Exhibition Street off-market from Investa Commercial Property Fund and Oxford Properties, which each own a half share. Completed in 1992, the 43-level building A-grade building, containing 65,931 square metres

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Charter Hall pays $75.5 million for 13 childcare centres on Australia’s east coast

Charter Hall is paying $75.5 million for 13 childcare centres on Australia’s east coast. Two of the centres are completed. Six are subject to a “fund through” arrangement, whereby Charter Hall is buying the land, and paying the balance required to construct the investments, which it will own. The centres are fully leased to occupiers

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