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Charter Hall goes on $1.25b shopping spree

Ingrid Fuary-Wagner
Ingrid Fuary-WagnerExplainer editor

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Charter Hall has rounded out the year – the biggest yet in fund growth and equity raising the group has ever seen – with a huge pre-Christmas acquisition spree worth $1.25 billion in sale and leaseback deals.

The group has purchased a 49 per cent interest in a portfolio of BP fuel and convenience retail properties and an Arnott's biscuit industrial facility in Sydney's western suburbs.

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Ingrid Fuary-Wagner is the AFR's explainer editor, based in Sydney. She previously wrote about property and before that was news editor at Domain. Connect with Ingrid on Twitter. Email Ingrid at ingrid.fuary-wagner@afr.com

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    Original URL: https://www.afr.com/property/commercial/charter-hall-goes-on-1-25b-shopping-spree-20191212-p53j8p