ASX Announcements
January
New sector entrant doubles down on advisors for $3.5b Aveo sale
Then there’s the deep-pocketed capital partners, understood to include AustralianSuper, which will look to team up with the headline suitors later in the auction.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Metrics to call Martin Place home amid private credit boom
One of Australia’s largest non-bank lenders will swap a heritage-listed boutique office in North Sydney for a place in the Sydney CBD.
- Campbell Kwan
December 2024
Charter Hall’s pursuit pays off as pubs giant accepts $760m bid
After months of opposing the offer, the board of listed pubs landlord Hotel Property Investments has recommended that investors accept the deal.
- Campbell Kwan
Charter Hall clears first hurdle in fight to control big name pubs
The property giant and superannuation fund Hostplus have taken a majority stake in Hotel Property Investments during a drawn-out battle for control.
- Campbell Kwan
Welcome to Australia Post’s HQ. Just don’t call it the HQ
The postal service has ditched its high-profile head office in a Melbourne skyscraper for a humble yet high-tech building in the suburbs. It’s all about the vibe.
- Nick Lenaghan
November 2024
Doing it his way: How David Harrison built an $80b funds empire
In his two decades at the top, the Charter Hall chief executive has transformed the property funds group into a giant of the industry.
- Robert Harley
- Opinion
- Chanticleer
The next three property shortages have already started
Charter Hall boss David Harrison says the supply shortages and lack of developer confidence we’re seeing in the housing market are playing out across the property sector.
- James Thomson
Charter Hall calls for independent valuer in HPI takeover fight
The property giant and its partner, super fund Hostplus, have extended their takeover bid for a third time in an effort to get more investors onside.
- Campbell Kwan
- Exclusive
- Office
Refresh at former Macquarie HQ gives new life to Barangaroo
A run of leasing deals in Sydney’s Barangaroo precinct has revived its fortunes, after a series of top corporate tenants left the waterfront precinct.
- Campbell Kwan
HPI in talks to buy six pubs as it defends against takeover bid
The group is considering co-investing in hotels alongside “top tier” operators.
- Larry Schlesinger
EV chargers, fast food key to pub giant’s growth plan
Hotel Property Investments directors will tell shareholders about plans to install EV chargers to enhance earnings amid a takeover battle with Charter Hall.
- Larry Schlesinger
October 2024
Charter Hall empty-handed after ‘best and final’ offer for pub owner
Charter Hall and Hostplus have failed to convince the board of Hotel Property Investments after they lifted their offer by 5.5 per cent to $3.85 per unit.
- Updated
- Larry Schlesinger
Pub landlord HPI rejects consortium’s $710m bid
The ASX-listed owner of 58 pubs told investors the bid undervalued its portfolio, which would only grow more in value as rates fell.
- Michael Bleby
September 2024
GPT Group’s six degrees of separation
The property fund manager has named former Charter Hall Matthew Brown as its new head of office, marking the third hire from its rival.
- Sarah Thompson, Kanika Sood and Emma Rapaport
AVC, Charter Hall snap up pubs as corporate dealmaking ramps up
PAG-backed Australian Venue Co has acquired 10 leasehold venues in Brisbane and the Gold Coast while funds giant Charter Hall has bought Melbourne’s Harlow Bar.
- Larry Schlesinger
- Opinion
- Chanticleer
‘End of WFH nonsense’ not the only factor in office property fightback
The office property market is deeply divided between the assets no one wants and the jewels that are in short supply.
- James Thomson
- Opinion
- Chanticleer
Get ready for haymakers at the ASX’s last listed pubs owner
A bid at a 10 per cent discount to asset-backing? Welcome to deals in 2024.
- Anthony Macdonald
Charter Hall and Hostplus take $710m bet on regional pubs landlord
But the board of ASX-listed Hotel Property Investments, which owns 58 hotels leased to Australian Venue Co, says the takeover bid is far too low to accept.
- Campbell Kwan
- Opinion
- Chanticleer
Office values drop 22pc in two years. When will they bottom?
That is a big fall in defensive, long-life assets. It’s part working from home, part interest rates. It can’t continue forever, but it hasn’t slowed yet.
- Anthony Macdonald
August 2024
Property fund manager’s shares jump 15pc after results
Charter Hall has accumulated an $81 billion pool of mostly property assets. CEO David Harrison says the market has realised it’s been “unfairly marked down”.
- Nick Lenaghan