CHC charter hall group

News: CHC Charter Hall Group says acquisition of $197 mln Campbelltown Mall

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    Sept 20 (Reuters) - Charter Hall Group (CHC) :

    • Acquisition of $197M campbelltown mall for new partnership (CHC)
    • Created a new wholesale property partnership for retail shopping centre assets
    • Co-investing with mtaa super
    • Says group has committed to co-invest $46 million towards the acquisition of the property
    • Charter Hall will manage the partnership, to be known as the Charter Hall prime retail fund
    • Transaction is accretive to group operating earnings as it utilises cash surpluses
    • Source text (http://bit.ly/2cNaK11)
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