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CHARTER HALL GROUP — Capital/Financing Update 2013
Nov 21, 2013
64645_rns_2013-11-21_dd99ba8c-1f73-45d5-9d16-0add7175c269.pdf
Capital/Financing Update
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ASX Media Release
Charter Hall Participation in CQR Equity
Raise
22 November 2013
Charter Hall Limited ACN 113 531 150
Charter Hall Funds Management Limited ABN 31 082 991 786 Level 11, 333 George Street Sydney NSW 2000 GPO Box 2704 Sydney NSW 2001 T +61 2 8908 4000 F +61 2 8908 4040 www.charterhall.com.au
Charter Hall Group (ASX:CHC) (‘Charter Hall’) today announced that it has accepted a conditional prorata placement by Charter Hall Retail REIT (ASX:CQR) of approximately $8m. This placement is subject to CQR unitholder approval.
This conditional pro-rata placement is part of an equity raise being undertaken by CQR, with the balance comprised of a fully underwritten institutional placement to raise $80m (see CQR announcement of today’s date).
The participation in the CQR equity raise by CHC ensures that CHC’s relevant interest in CQR will remain at 9.4%.
About Charter Hall
Charter Hall Group (ASX:CHC) is one of Australia’s leading fully integrated property groups, with over 22 years’ experience managing high quality property on behalf of institutional, wholesale and retail clients. Charter Hall has over $10 billion of funds under management across the office, retail and industrial sectors. The Group has offices in Sydney, Melbourne, Brisbane, Adelaide and Perth.
The Group’s success is underpinned by a highly skilled and motivated team with diverse expertise across property sectors and risk-return profiles. Sustainability is a key element of its business approach and by ensuring its actions are commercially sound and make a difference to its people, customers and the environment, Charter Hall can make a positive impact for its investors, the community and the Group.
For further information, please contact
For investor enquiries, please contact
For media enquiries, please contact
David Harrison Kylie Ramsden Rachel Mornington-West Joint Managing Director Head of Listed Investor Relations Head of Marketing and Communications T +61 8908 4033 Charter Hall Charter Hall [email protected] T +61 8295 1016 T +61 8908 4093 - [email protected] rachel.mornington David Southon [email protected] Joint Managing Director T +61 8908 4025 [email protected]
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