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CHARTER HALL GROUP — Capital/Financing Update 2014
Aug 3, 2014
64645_rns_2014-08-03_d6320f2a-e5ad-492b-ac88-bf729e0b1d8c.pdf
Capital/Financing Update
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ASX Release
Charter Hall managed wholesale Core Plus Industrial Fund rolls over 4 August 2014
Charter Hall Limited ACN 113 531 150 Charter Hall Funds Management Limited ABN 31 082 991 786 Level 20, No.1 Martin Place Sydney NSW 2000 GPO Box 2704 Sydney NSW 2001 T +61 2 8651 9000 F +61 2 9221 4655 www.charterhall.com.au
Charter Hall Group (ASX:CHC) (Charter Hall or the Charter Hall Group) announces that on 31 July 2014, a meeting of unitholders in the Charter Hall Core Plus Industrial Fund ( CPIF ) voted to approve the roll over of the fund in its current form as an open ended wholesale pooled fund.
The next liquidity event for CPIF will occur on 31 July 2019.
Joint Managing Director David Harrison said “CPIF has now moved through the first Liquidity Review since its launch in 2007, with a register of 25 wholesale investors and interest from new investors in further growing the Fund. CPIF 30 June 2014 gearing of 25% provides acquisition capacity prior to new net equity flows”.
ENDS
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 $11 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.
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For investor enquiries, please contact
For media enquiries, please contact
David Harrison Nick Kelly Rachel Mornington-West Joint Managing Director Head of Investor Relations Head of Marketing and Communications T +61 8651 9142 Charter Hall Charter Hall [email protected] T +61 8651 9235 T +61 8651 9248 - [email protected] rachel.mornington David Southon [email protected]
Joint Managing Director T +61 8651 9143 [email protected]
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