Jan 31 (Reuters) - 360 Capital:
- 360 CAPITAL FM AND CHARTER HALL GROUP HAVE ENTERED INTO A MEMORANDUM OF UNDERSTANDING
- TO ACQUIRE IRONGATE FUNDS MANAGEMENT BUSINESS FOR A$5.0 MILLION & ALL OF CO-INVESTMENT STAKES IN MANAGED FUNDS FOR A$22.5 MILLION
- TO PURCHASE A PORTFOLIO OF 3 MODERN OFFICE BUILDINGS IN IAP TOTALLING APPROXIMATELY A$254.0 MILLION
- TO ACQUIRE 50% SHARE IN 100 WILLIS STREET, WELLINGTON NZ FOR A$82.0 MILLION
- CHARTER HALL TO ACQUIRE ALL IRONGATE STAPLED SECURITIES FOR AN ALL-CASH CONSIDERATION OF A$1.90 PER IAP STAPLED SECURITY