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Big profit on Cromwell’s Bunnings sale to Charter Hall fund

Martin Kelly
Martin KellyReporter

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An outer suburban Bunnings in Adelaide is the latest acquisition for Charter Hall’s Direct Industrial Fund No.4 (DIF4), which has bought $1 billion of property and doubled in size over the past 12 months.

The Bunnings at Munno Para West bought by Charter Hall for $48.8 million. 

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Martin Kelly is a property reporter based in Sydney covering all aspects of commercial and residential real estate including major deals, market trends and developments. Email Martin at martinkelly@afr.com

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    Original URL: https://www.afr.com/property/commercial/big-profit-on-cromwell-s-bunnings-sale-to-charter-hall-fund-20210825-p58lw1