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CHARTER HALL GROUP Interim / Quarterly Report 2017

Aug 22, 2017

64645_rns_2017-08-22_9b3a9ba3-fe36-4b74-92c9-12d142c46da1.pdf

Interim / Quarterly Report

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PERIOD ENDING 30 JUNE 2017

Western Sydney University 1 Parramatta Square, Parramatta NSW

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Reject Shop Distribution Centre, Drystone Estate Vic.

2

CONTENTS

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|||
|---|---|
|CHARTER HALL GROUP|3|
|OUR FUNDS, PARTNERSHIPS & MANDATES|5|
|OFFICE|6|
|CHARTER HALL PRIME OFFICE FUND (CPOF)|7|
|CHARTER HALL OFFICE TRUST (CHOT)|21|
|OFFICE MANDATES AND PARTNERSHIPS|29|
|CHARTER HALL DIRECT OFFICE FUND (DOF)|31|
|DIRECT PFA FUND (PFA)|41|
|CHARTER HALL DIRECT WORKZONE TRUST (CHIF9)|47|
|CHARTER HALL DIRECT VA TRUST (CHIF10)|48|
|144 STIRLING STREET (CHIF8)|49|
|INDUSTRIAL|50|
|CHARTER HALL PRIME INDUSTRIAL FUND (CPIF)|51|
|CORE LOGISTICS PARTNERSHIP (CLP)|78|
|DIRECT INDUSTRIAL FUND NO.2 (DIF2)|81|
|DIRECT INDUSTRIAL FUND NO.3 (DIF3)|89|
|DIRECT INDUSTRIAL FUND NO.4 (DIF4)|97|
|CHARTER HALL DIRECT CDC TRUST (CHIF12)|102|
|RETAIL|104|
|CHARTER HALL PRIME RETAIL FUND (CPRF)|105|
|CHARTER HALL RETAIL REIT (CQR)|107|
|RETAIL PARTNERSHIP NO.1 (RP1)|119|
|RETAIL PARTNERSHIP NO.2 (RP2)|123|
|RETAIL PARTNERSHIP NO.6 (RP6)|125|
|LONG WALE HARDWARE PARTNERSHIP (LWHP)|127|
|LONG WALE INVESTMENT PARTNERSHIP (LWIP)|131|
|LONG WALE INVESTMENT PARTNERSHIP NO.2 (LWIP2)|133|
|CHARTER HALL DIRECT BW TRUST (CHIF11)|134|
|CHARTER HALL DIRECT AUTOMOTIVE TRUST (DAT)|135|
|CHARTER HALL DIRECT AUTOMOTIVE TRUST NO.2 (DAT2)|138|
|DIVERSIFIED|142|
|CHARTER HALL LONG WALE REIT|143|
|INDEX|159|
|FURTHER INFORMATION|165|

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Arana Hills Plaza, Arana Hills Qld

CHARTER HALL PROPERTY PORTFOLIO

3

CHARTER HALL GROUP

Charter Hall Group has grown to become one of Australia’s leading property groups, with a total property portfolio of $19.8 billion.

We own and manage 329 properties around Australia, including office buildings, retail properties via supermarket anchored retail centres, hardware, hospitality assets and automotive dealerships and a rapidly growing stable of industrial assets, on behalf of our institutional, wholesale and retail investors.

Our integrated business model, coupled with our highly skilled and motivated team across investment management, asset management, property management, development and project delivery produces sustainable returns for our investors, together with positive experiences for our tenants and the community.

As a Group, we listed on the Australian Securities Exchange in 2005 under ASX Code: CHC. Charter Hall Group is a stapled security comprising a share in Charter Hall Limited (CHL), the operating business, and a unit in Charter Hall Property Trust (CHPT), which predominantly invests in the funds and partnerships the Group manages.

CHARTER HALL FUNDS MANAGEMENT PLATFORM AS AT 30 JUNE 2017

CHARTER HALL INVESTMENT PORTFOLIO AS AT 30 JUNE 2017

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Industrial Office
26% Industrial 39%
27%
Office
46%
Retail Retail
28% 34%
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Offce Retail Industrial Total
Properties 50 168 111 329
NLA (‘000 sqm)1 989 1,228 2,840 5,057
Value ($ billion) 9.1 5.4 5.4 19.8
Offce Retail Industrial Total
Investments ($ million) 594 526 407 1,527
  1. Retail and Industrial are based on GLA.

CHARTER HALL PROPERTY PORTFOLIO

4

Charter Hall aims to outperform investment benchmarks, achieving high levels of tenant retention and rental growth across 329 assets

2


PROPERTIES
Office
0
Retail
1
Industrial
1
46
PROPERTIES
QUEENSLAND
NORTHERN
TERRITORY
QUEENSLAND
NORTHERN
TERRITORY
re nta growt acr oss assets
77
PROPERTIES
Office
10
Retail
48
Industrial
19
WESTERN
AUSTRALIA
Office
9
Retail
22
Industrial
15
21
PROPERTIES
NEW SOUTH
WALES
VICTORIA
SOUTH
AUSTRALIA
ACT
7
PROPERTIES
100
PROPERTIES
71
PROPERTIES
Office
15
Retail
50
4
PROPERTIES
Industrial
35
Office
4
Retail
10
Industrial
7
Office
1
Retail
5
Industrial
1
TAS
Office Office
0
Retail Retail
4
Industrial
0

CHARTER HALL PROPERTY PORTFOLIO

5

OUR FUNDS, PARTNERSHIPS & MANDATES[1]

WEIGHTED AVERAGE CHARTER HALL
GROSS PROPERTY BALANCE CAPITALISATION WALE CO-INVESTMENT
ASSETS 2 ASSETS($ MILLION) SHEET GEARING RATE(WACR) (YEARS) OCCUPANCY ($ MILLION)
OFFICE
Charter Hall Prime Offce Fund(CPOF) 21 $3,391.7 26.4% 5.86% 6.4 97.9% $236.4
Charter Hall Offce Trust(CHOT) 10 $2,587.0 40.1% 5.51% 4.6 99.2% $212.9
Charter Hall Direct Offce Fund(DOF) 11 $1,217.6 30.3% 5.94% 9.1 99.8%
Direct PFA Fund(PFA) 6 $243.1 34.8% 7.59% 7.0 100% $0.2
Brisbane Square Wholesale Fund(BSWF) 3 $1,053.8 44.4% 6.10% 6.8 92.9% $99.6
Charter Hall Direct WorkZone Trust(CHIF9) 1 $118.5 44.9% 7.13% 8.2 99.6%
Charter Hall Direct VA Trust(CHIF10) 1 $84.0 33.8% 7.00% 8.8 100%
144 StirlingStreet Trust(CHIF8) 1 $53.8 43.2% 7.50% 3.8 100%
RETAIL
Charter Hall Prime Retail Fund(CPRF) 1 $205.0 41.3% 5.75% 4.1 97.4% $44.8
Charter Hall Retail REIT(CQR) 71 $2,764.2 33.1% 6.31% 6.8 98.0% $321.2
Retail PartnershipNo.1(RP1) 9 $579.0 31.5% 5.91% 9.8 98.4%
Retail PartnershipNo.2(RP2) 1 $226.0 42.5% 5.75% 4.8 97.2% $6.4
Retail PartnershipNo.6(RP6) 2 $257.5 31.5% 5.75% 3.3 96.9% $34.3
LongWALE Hardware Partnership (LWHP) 17 $740.0 27.4% 5.62% 9.3 99.6% $50.2
LongWALE Investment Partnership (LWIP) 57 $727.8 47.3% 6.02% 17.3 100% $19.0
LongWALE Investment PartnershipNo.2(LWIP2) 9 $157.2 34.4% 6.01% 18.0 100% $10.1
Charter Hall Direct BW Trust(CHIF11) 4 $93.1 35.5% 5.81% 7.8 100%
Charter Hall Direct Automotive Trust(DAT) 3 $107.6 47.7% 6.16% 11.3 100%
Charter Hall Direct Automotive Trust No.2(DAT2) 4 $86.2 38.0% 6.48% 11.8 100%
INDUSTRIAL
Charter Hall Prime Industrial Fund(CPIF) 484 $2,313.1 7.5% 6.35% 7.7 94.2% $117.1
Core Logistics Partnership (CLP) 23 $1,334.3 21.3% 6.33% 9.6 100% $139.2
Direct Industrial Fund No.2(DIF2) 10 $266.3 36.3% 6.65% 11.1 100%
Direct Industrial Fund No.3(DIF3) 8 $309.9 35.4% 6.45% 13.1 100%
Direct Industrial Fund No.4(DIF4) 3 $196.9 37.5% 6.53% 11.6 100% $29.5
Charter Hall Direct CDC Trust(CHIF12) 1 $85.8 42.6% 7.00% 9.6 100%
DIVERSIFIED
Charter Hall LongWALE REIT(CLW) 803 $1,397.2 29.9% 6.20% 11.8 100.0 $166.0
  1. This excludes CHOF5 and other third party mandates that cannot be disclosed.

  2. Includes properties jointly owned across funds.

  3. Metrics include Bunnings South Mackay, Qld, which was acquiried 3 July 2017.

  4. Includes Bunnings RVN’s.

6

CHARTER HALL PROPERTY PORTFOLIO

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1 Shelley Street, Sydney NSW
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OFFICE
50 5.87%
NUMBER OF WEIGHTED AVERAGE
PROPERTIES CAPITALISATION
RATE (WACR)
98.5% 6.5 years
OCCUPANCY WEIGHTED AVERAGE
LEASE EXPIRY (WALE)
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OFFICE SECTOR 7 CHARTER HALL PRIME OFFICE FUND

CHARTER HALL PROPERTY PORTFOLIO

CHARTER HALL PRIME OFFICE FUND

Charter Hall Prime Office Fund (CPOF) is the Group’s largest wholesale pooled fund. Launched in 2006, the fund invests in investment grade office assets in the major capital city markets of Australia.

TOP 10 TENANTS

ANNUAL LEASE EXPIRY GROSS INCOME

BY GROSS INCOME

Government 21.9% Telstra Corporation 9.2% BankWest 6.5% Macquarie Group 6.1% Bupa 3.8% Suncorp Metway 3.7% Western Sydney University 2.8% Aurizon 2.4% Queensland Gas Company 2.3% WeWork 1.9%

Vacant 2.1% FY18 10.6% FY19 5.8% FY20 6.3% FY21 6.9% FY22 8.7% FY23 1.0% FY24 20.8% FY25+ 37.8%

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OFFICE SECTOR 8 CHARTER HALL PRIME OFFICE FUND

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CHARTER HALL
PROPERTY PORTFOLIO
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Western Sydney University, 1 Parramatta Square, NSW
GEOGRAPHICAL DIVERSIFICATION
BY CURRENT VALUE
<1.0%
36.0%
16.0%
25.0%
22.0%
New South Wales
Queensland
Victoria
Western Australia
South Australia
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9

CHARTER HALL PROPERTY PORTFOLIO

OFFICE SECTOR CHARTER HALL PRIME OFFICE FUND

PROPERTY PORTFOLIO

Western Sydney University 1 Parramatta Square, Parramatta NSW

$3,391.7
TOTAL VALUE
OF PORTFOLIO (A$M)
5.86%
WEIGHTED AVERAGE
CAPITALISATION RATE
(WACR)
CPOF
OWNERSHIP (%)
WALE
(YEARS)
WEIGHTED AVG
RENT REVIEWS (%)
Western Sydney University
1 Parramatta Square, Parramatta NSW
50%
14.6
3.8%
105 Phillip Street, Parramatta NSW
50%
12.0
3.8%
1 Shelley Street, Sydney NSW
50%
6.4
4.0%
167 Macquarie Street, Sydney NSW
100%
3.2
3.9%
333 George Street, Sydney NSW
100%
8.5
3.8%
9 Castlereagh Street, Sydney NSW
100%
3.4
4.0%
100 Skyring Terrace, Brisbane Qld
50%
8.9
3.9%
Brisbane Square
266 George Street, Brisbane Qld
49.9%
7.0
3.4%
275 George Street, Brisbane Qld
50%
6.1
4.5%
Northbank Plaza
69 Ann Street, Brisbane Qld
100%
4.8
3.8%
900 Ann Street, Fortitude Valley Qld
50%
12.0
3.3%
11–13 Exhibition St, Melbourne Vic.
100%
7.3
3.9%
55 King Street, Melbourne Vic.
100%
2.1
4.0%
570 Bourke Street, Melbourne Vic.
100%
6.8
3.6%
109 St Georges Terrace, Perth WA1
100%
0.6
3.4%
225 St Georges Terrace, Perth WA
100%
3.7
3.6%
BankWest Tower, Perth WA
49.9%
6.8
3.9%
Raine Square Retail, Perth WA
49.9%
5.9
3.5%
11 Breakfast Creek Road, Newstead, Qld
(development site)
50%

GPO Exchange, Adelaide SA (development site)
50%

130 Lonsdale Street, Melbourne Vic. (development site)
100%

TOTAL / WEIGHTED AVERAGE
6.4
3.8%
  1. Sold post 30 June 2017.

OFFICE SECTOR 10 CHARTER HALL PRIME OFFICE FUND

CHARTER HALL PROPERTY PORTFOLIO

WESTERN SYDNEY UNIVERSITY

1 Parramatta Square, Parramatta NSW

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Recently completed 14-level prime office tower with ground floor retail and two levels of basement parking (80 spaces).

The property is located to the south western corner of Macquarie and Smith street approximately 150 metres north of Parramatta transport interchange, and is Western Sydney University’s new age campus home to approximately 10,000 students.

Summary

Summary
Tenancy statistics
Major tenants
NLA (sqm)
Year built (or refurbished)
2016
Grade
A
Ownership
50%
Total NLA (sqm)
26,498
Typical floor plate (sqm)
1,400
Car spaces
92
WALE (by income)
14.6 years
Occupancy
100%
Western Sydney University
26,498

105 PHILLIP STREET

Parramatta NSW

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Artist’s Impression
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New A-grade building with practical completion forecast in May 2018, with strong environmental credentials.

The property is located in a strategically important location for the NSW Government, with a 12 year lease to Government Property NSW and with fixed 3.75% annual reviews.

Forecast Practical Completion 2018
Grade A
Ownership 50%
Total NLA (sqm) 25,264
Typical floor plate (sqm) 2,200
Car spaces 49
WALE (by income) 12.0 years
Occupancy 99.4%
Government Property NSW 25,264

OFFICE SECTOR 11 CHARTER HALL PRIME OFFICE FUND

CHARTER HALL PROPERTY PORTFOLIO

1 SHELLEY STREET Sydney NSW

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1 Shelley Street, Sydney is a prominently positioned prime-grade office building located directly adjacent to the south side of Barangaroo, and benefits from the improved accessibility to the Wynyard bus/rail interchange, and the revitalised retail and restaurant precinct in the area. The office component is 100% leased to ASX-listed Macquarie Group, with the parking facilities leased to Secure Parking.

The site is secured with a weighted average lease expiry (WALE) of 6.4 years, and provides an attractive investment proposition for both CPOF and the investment vehicle sponsored by MSREI and managed by Charter Hall.

Summary

Summary
Tenancy statistics
Major tenants
NLA (sqm)
Year built (or refurbished)
2009
Grade
A
Ownership
50%
Total NLA (sqm)
32,986
Typical floor plate (sqm)
3,056
Car spaces
268
WALE (by income)
6.4 years
Occupancy
100%
Macquarie Group
32,986

167 MACQUARIE STREET Sydney NSW

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Located in the prestigious financial core of Sydney’s CBD, Macquarie House is a refurbished office tower that offers spectacular views across the Royal Botanic Gardens and Sydney Harbour. The building spans 19 levels, including two ground level retail tenancies.

Year built (or refurbished) 2005
Grade A
Ownership 100%
Total NLA (sqm) 9,742
Typical floor plate (sqm) 772
Car spaces 80
WALE (by income) 3.2 years
Occupancy 100%
FIL Investment Management 2,364
Gresham Partners 1,576
Regus 1,088

OFFICE SECTOR 12 CHARTER HALL PRIME OFFICE FUND

CHARTER HALL PROPERTY PORTFOLIO

333 GEORGE STREET

Sydney NSW

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Located on one of Sydney’s most prominent corners at George Street and Martin Place, this contemporary workspace comprises 16 floors of office space over 12,453 square metres and 930 square metres of prime retail over three levels.

Completed in December 2016, the building offers a vertically connected environment and a unique outdoor workspace with five levels of cascading rooftop terraces.

Summary

Summary
Tenancy statistics
Major tenants
NLA (sqm)
Year built (or refurbished)
2016
Grade
A
Ownership
100%
Total NLA (sqm)
14,508
Typical floor plate (sqm)
961
Car spaces
17
WALE (by income)
8.5 years
Occupancy
99.4%
WeWork
4,300
Clyde & Co
4,184
Aimia
974

9 CASTLEREAGH STREET

Sydney NSW

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Completed in 1989, 9 Castlereagh Street is a unique, Harry Seidler designed landmark office tower featuring a unique internal light well and variety of floor plates. The property has 31 upper office levels, ground floor retail incorporating a café and childcare facility and basement car parking for 74 vehicles.

Year built (or refurbished) 1989
Grade A
Ownership 100%
Total NLA (sqm) 20,885
Typical floor plate (sqm) 671–767
Car spaces 74
WALE (by income) 3.4 years
Occupancy 97.4%
Compass 1,490
ICAP Australia 671

OFFICE SECTOR 13 CHARTER HALL PRIME OFFICE FUND

CHARTER HALL PROPERTY PORTFOLIO

100 SKYRING TERRACE Brisbane Qld

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100 Skyring Terrace is located in the heart of Brisbane’s thriving Gasworks precinct, Newstead – a flourishing business and lifestyle community, only 1.7 kilometres from the city centre.

Completed in 2014, this 12 level prime office building comprises approximately 24,665 square metres of office space with large and efficient 1,965 square metres campus-style floors with inspiring 360 degree river and city views. It features 1,038 square metres of retail space, a dedicated end-of-trip facility and 195 car parking spaces.

Summary

Summary
Tenancy statistics
Major tenants
NLA (sqm)
Year built (or refurbished)
2014
Grade
A
Ownership
50%
Total NLA (sqm)
24,665
Typical floor plate (sqm)
1,965
Car spaces
195
WALE (by income)
8.9 years
Occupancy
100%
Bank of Queensland
13,237
Collection House
8,007
Temando
1,098

BRISBANE SQUARE

266 George Street, Brisbane Qld

Located within the Brisbane CBD at the top of the Queen Street Mall, Brisbane Square is an iconic office building located in the heart of the government and legal precincts along George Street.

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The property comprises of premium office space over 38 levels, ground floor retail and car parking spaces over three basement levels.

Year built (or refurbished) 2006
Grade A
Ownership 49.9%
Total NLA (sqm) 59,079
Typical floor plate (sqm) 1,431–1,702
Car spaces 346
WALE (by income) 7.0 years
Occupancy 100%
Brisbane City Council 34,625
Suncorp Metway 23,527

OFFICE SECTOR 14 CHARTER HALL PRIME OFFICE FUND

CHARTER HALL PROPERTY PORTFOLIO

275 GEORGE STREET Brisbane Qld

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Comprising more than 40,000 square metres of prime office and retail space over 30 levels, this highly energy efficient building is located in the heart of the Brisbane CBD. With a 5 star NABERS Energy rating and a 5 star Green Star Office As Built v2 rating, the building offers sweeping 360 degree views of the Brisbane River and city scape. CPOF holds a 50% stake with the Singaporean listed Keppel REIT.

Summary

Summary
Tenancy statistics
Major tenants
NLA (sqm)
Year built (or refurbished)
2009
Grade
A
Ownership
50%
Total NLA (sqm)
41,748
Typical floor plate (sqm)
1,300
Car spaces
241
WALE (by income)
6.1 years
Occupancy
100%
Telstra Corporation Ltd
28,665
Queensland Gas Company
11,652

NORTHBANK PLAZA

69 Ann Street, Brisbane Qld

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Located within the Brisbane CBD, Northbank Plaza has been comprehensively refurbished and repositioned with A-grade services. The majority of floors feature expansive river, mountain and CBD views.

A new 7 year lease has been agreed with key covenant Telstra over 10,669 square metres for its expiry in 2018.

Year built (or refurbished) 2009
Grade A
Ownership 100%
Total NLA (sqm) 26,780
Typical floor plate (sqm) 1,200–2,000
Car spaces 168
WALE (by income) 4.8 years
Occupancy 93.3%
Telstra Corporation Ltd 14,383
Parsons Brinckerhoff 3,463
RemServ 3,349

OFFICE SECTOR 15 CHARTER HALL PRIME OFFICE FUND

CHARTER HALL PROPERTY PORTFOLIO

900 ANN STREET Fortitude Valley, Qld

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Artist’s Impression
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On completion in 2018, the property will comprise 18,991 square metres (NLA) of A-grade office accommodation over 22 floors, 200 square metres of retail accommodation and 280 square metres (NLA) of integrated church/ community space. The ground floor entrance will provide a prestigious opening to an expansive foyer with double height ceilings.

The development will incorporate state of the art end of trip facilities comprising 153 bicycle parks and 103 secure basement car spaces over two basement floor levels.

The building has achieved a 5 star Green Star Office Design v3 rating and is registered for a Green Star Office As Built v3 rating.

Summary

Summary
Tenancy statistics
Major tenants
NLA (sqm)
Forecast Practical Completion
2018
Grade
A
Ownership
50%
Total NLA (sqm)
18,991
Typical floor plate (sqm)
1,445
Car spaces
103
WALE (by income)
12.0 years from practical completion
Occupancy
98.6%
Aurizon
18,791

11–33 EXHIBITION STREET

Melbourne Vic.

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The property is located in the eastern precinct of Melbourne’s CBD, which is recognised as the traditional premium financial precinct and also known as the “Paris-end” of Melbourne CBD.

Constructed in 2005, 11 Exhibition Street is a 17 level prime commercial building which comprises 21,544 square metres of office area, 1,292 square metres of retail area and 340 car bays including a public car park.

A new lease with Fair Work Australia has been executed for its existing space from late 2017.

Year built (or refurbished) 2005
Grade A
Ownership 100%
Total NLA (sqm) 22,622
Typical floor plate (sqm) 1,665
Car spaces 340
WALE (by income) 7.3 years
Occupancy 100%
Bupa 12,084
Fair Work Australia
(Commonwealth of Australia)
9,797

OFFICE SECTOR 16 CHARTER HALL PRIME OFFICE FUND

CHARTER HALL PROPERTY PORTFOLIO

55 KING STREET Melbourne Vic.

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The property comprises an eight level office building constructed in 1987 comprising a total of 12,408 square metres of office accommodation and 59 car parking spaces. The building has benefited from a significant capital works programme with the vendor having spent in excess of $10 million upgrading the base building and services.

The asset has medium term development potential occupying a prominent corner site in the Melbourne CBD.

Summary

Summary
Tenancy statistics
Major tenants
NLA (sqm)
Year built (or refurbished)
(2014)
Grade
A
Ownership
100%
Total NLA (sqm)
12,408
Typical floor plate (sqm)
1,619
Car spaces
59
WALE (by income)
2.1 years
Occupancy
100%
State of Victoria
10,790
M2 Group
1,618

570 BOURKE STREET

Melbourne Vic.

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A 31 level prime office tower with 445 car bays which is located in the legal and financial precinct of Melbourne’s CBD. The building has recently been redeveloped with the creation of new extended floor plates on the lower levels and the building entrance and foyer upgraded. The redevelopment results in a 16,132 square metres expansion of levels two to 11 plus an upgrade of the lobby and retail areas, and extensive end of trip facilities.

Year built (or refurbished) (2015)
Grade A
Ownership 100%
Total NLA (sqm) 50,491
Typical floor plate (sqm) 1,000–1,200 / 2,700 (podium floors)
Car spaces 445
WALE (by income) 6.8 years
Occupancy 99.3%
Department of Human Services 13,734
Minister of Finance 11,454
Victorian Legal Aid 8,782

OFFICE SECTOR 17 CHARTER HALL PRIME OFFICE FUND

CHARTER HALL PROPERTY PORTFOLIO

109 ST GEORGES TERRACE Perth WA

Located in the heart of the Perth CBD, the Westpac building at 109 St Georges Terrace, comprises a lower A-grade office building, which underwent extensive refurbishment in 2005. The building spans 19 upper office levels, a ground level bank, vault and security storage area.

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The asset has been sold post 30 June 2017.

Summary

Summary
Tenancy statistics
Major tenants
NLA (sqm)
Year built (or refurbished)
2005
Grade
A
Ownership
100%
Total NLA (sqm)
13,891
Typical floor plate (sqm)
550
Car spaces
75
WALE (by income)
0.6 years
Occupancy
72.7%
Westpac Banking Corporation
8,169

225 ST GEORGES TERRACE Perth WA

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Located at the western end of St Georges Terrace, 225 St Georges Terrace comprises a 20,305 square metres prime office building, including 424 square metres of retail space and three levels of basement accommodating 373 car parking spaces.

Year built (or refurbished) 1990
Grade A
Ownership 100%
Total NLA (sqm) 20,747
Typical floor plate (sqm) 1,130
Car spaces 373
WALE (by income) 3.7 years
Occupancy 95.4%
Jackson McDonald 3,401
Wilson Parking 373 bays
Bendigo Bank 1,146

OFFICE SECTOR 18 CHARTER HALL PRIME OFFICE FUND

CHARTER HALL PROPERTY PORTFOLIO

BANKWEST TOWER Perth WA

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Bankwest Place and Raine Square is an office and retail complex situated in a prime location within the Perth CBD market. The office component is occupied by Bankwest on a 12 year lease.

CPOF acquired an additional 17% interest in the asset during quarter ended 30 June 2017.

Summary

Summary
Tenancy statistics
Major tenants
NLA (sqm)
Year built (or refurbished)
2011
Grade
A
Ownership
49.9%
Total NLA (sqm)
43,517
Typical floor plate (sqm)
1,740–2,200
Car spaces
378
WALE (by income)
6.8 years
Occupancy
100%
Bankwest (CBA)
43,499

RAINE SQUARE RETAIL Perth WA

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Raine Square Retail is an office and retail complex situated in a prime location within the Perth CBD market. The site which covers the majority of an entire CBD block also accommodates a variety of main street retail spaces, a hotel and two licensed bars.

The asset is currently undergoing a redevelopment including introducing a new cinema complex and re-positioning the retail precinct, opening the site lines, activating the dining options and re-energising the tenancy offering and ground planes.

Forecast Practical Completion 2018
Grade A
Ownership 49.9%
Total NLA (sqm) 17,564
Typical floor plate (sqm)
Car spaces
WALE (by income) 5.9 years
Occupancy 57.3%

OFFICE SECTOR 19 CHARTER HALL PRIME OFFICE FUND

CHARTER HALL PROPERTY PORTFOLIO

Summary

11 BREAKFAST CREEK ROAD Newstead, Qld

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Artist’s Impression
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11 Breakfast Creek Road is currently a 3,254 square metre site located within the Gasworks Precinct, Newstead.

The project will comprise a 16 level 27,006 square metre office building developed in 50:50 partnership with John Holland upon reaching appropriate precommitment levels.

Year built (or refurbished) Development Site
Ownership 50%
Acquisition date May 2017

GPO EXCHANGE

10 Franklin Street, Adelaide SA

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Artist’s Impression
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GPO Exchange comprises the Adelaide GPO 99 year leasehold interest and adjoining freehold development land. These properties are located between King William Street and the ATO building on Franklin Street.

Planning Consent has been obtained for 24,500 square metres of A-grade office accommodation and tenancy precommitment and builder selection are well advanced.

Year built (or refurbished) Development Site
Ownership 50%
Acquisition date May 2015

OFFICE SECTOR 20 CHARTER HALL PRIME OFFICE FUND

CHARTER HALL PROPERTY PORTFOLIO

130 LONSDALE STREET

Melbourne Vic.

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Artist’s Impression
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The development rights for 130 Lonsdale Street, Melbourne (Wesley Place Development) were acquired in November 2015.

The proposed development, which now has planning approval, provides the opportunity for CPOF to build to core, creating a new, high quality office asset tower of approximately 60,000 square metres with revitalised heritage buildings and open space to create unique urban amenity.

The site is located in the Parliament precinct of the Melbourne CBD which has historically experienced high tenant retention rates and low vacancy.

Summary Year built (or refurbished)
Development Site
Ownership
100%
Acquisition date
November 2015

OFFICE SECTOR 21 CHARTER HALL OFFICE TRUST

CHARTER HALL PROPERTY PORTFOLIO

CHARTER HALL OFFICE TRUST

Charter Hall Office Trust (CHOT) is a leading unlisted wholesale real estate partnership focused on investing in high grade office buildings predominantly located in major business districts across Australia.

TOP 10 TENANTS

ANNUAL LEASE EXPIRY GROSS INCOME

BY GROSS INCOME

Telstra Corporation 11.2% Government 10.4% Macquarie 6.3% Aurizon Operations 4.9% Allianz 4.6% Citigroup 3.9% Wilson Parking 3.5% Secure Parking 3.2% BHP 3.1% DLA Piper 3.0%

Vacant 0.8% FY18 16.8% FY19 8.6% FY20 10.4% FY21 9.1% FY22 10.1% FY23 2.6% FY24 11.7% FY25+ 29.9%

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OFFICE SECTOR 22 CHARTER HALL OFFICE TRUST

CHARTER HALL PROPERTY PORTFOLIO

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171 Collins Street, Melbourne Vic.
GEOGRAPHICAL DIVERSIFICATION
BY CURRENT VALUE
1.6%
8.5%
23.9%
66.0%
New South Wales
Victoria
Queensland
Western Australia
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OFFICE SECTOR 23 CHARTER HALL OFFICE TRUST

CHARTER HALL PROPERTY PORTFOLIO

PROPERTY PORTFOLIO

ORTFOLIO
CHOT WALE WEIGHTED AVG
OWNERSHIP (%) (YEARS) RENT REVIEWS (%)
No.1 Martin Place, Sydney NSW 100% 6.2 3.9%
Citigroup Centre
2 Park Street, Sydney NSW
50% 5.5 3.9%
Allianz Centre
2 Market Street, Sydney NSW
50% 3.3 4.0%
The Denison
65 Berry Street, North Sydney NSW
100% 2.5 4.0%
175 Eagle Street, Brisbane Qld 100% 2.9 4.0%
Capital Hill
83–85 George Street, Brisbane Qld
100% 0.7
150 Lonsdale Street, Melbourne Vic. 100% 2.4 3.6%
171 Collins Street, Melbourne Vic. 50% 6.7 3.7%
Argus Centre
300 La Trobe Street, Melbourne Vic.
100% 5.9 3.6%
Eastpoint Plaza
233–237 Adelaide Terrace, Perth WA
100% 2.7 3.8%
TOTAL / WEIGHTED AVERAGE 4.6 3.7%

$2,587.0

TOTAL VALUE OF PORTFOLIO (A$M)

5.51%

WEIGHTED AVERAGE CAPITALISATION RATE (WACR)

175 Eagle Street, Brisbane Qld

OFFICE SECTOR 24 CHARTER HALL OFFICE TRUST

CHARTER HALL PROPERTY PORTFOLIO

NO.1 MARTIN PLACE Sydney NSW

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Prime office building located in the Sydney CBD on the prestigious former GPO site in Martin Place.

No.1 Martin Place is an iconic landmark office tower that defines Martin Place, arguably the most recognised address in Sydney. Interconnected with Sydney’s famous GPO building, No.1 Martin Place is part of an award winning mixed use development designed by the Buchan Group. The combined site features fantastic amenity and tenant services, the Westin Hotel, numerous high quality onsite dining offerings and fitness facilities. The building comprises over 40,000 square metres of office space across 24 floors with column free floor plates.

Summary

Summary
Tenancy statistics
Major tenants
NLA (sqm)
Year built (or refurbished)
1999
Grade
Premium
Ownership
100%
Total NLA (sqm)
40,210
Typical floor plate (sqm)
1,672
Car spaces
363
WALE (by income)
6.2 years
Occupancy
100%
Macquarie Group Ltd
13,034
APRA
8,094
DLA Piper
5,492

CITIGROUP CENTRE

2 Park Street, Sydney NSW

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A 47 level premium grade commercial office tower located in the Sydney CBD directly above the retail shopping area known as ‘The Galleries Victoria’, opposite the Queen Victoria Building and Sydney Town Hall. The commercial tower has a total lettable area of 73,676 square metres comprising basement storage, basement parking over four levels, ground floor retail and 41 upper office floors of premium grade office accommodation from levels five to 47.

Year built (or refurbished) 2000
Grade Premium
Ownership 50%
Total NLA (sqm) 73,676
Typical floor plate (sqm) 1,865
Car spaces 285
WALE (by income) 5.5 years
Occupancy 100%
Citigroup 15,034
Amazon 12,793
QBE 7,942
Twitter 1,839

OFFICE SECTOR 25 CHARTER HALL OFFICE TRUST

CHARTER HALL PROPERTY PORTFOLIO

ALLIANZ CENTRE

2 Market Street, Sydney NSW

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A 24 level, A-grade building with an adjoining seven level forecourt building located in the western corridor of the Sydney CBD.

Prominent office tower complex comprising 39,757 square metres of space across two interconnected buildings with a central atrium. The building is characterised by its large floor-plates, along with excellent onsite amenity provided through the retail offering and onsite Fitness First gym.

2 Market Street features and impressive tenancy profile, with blue-chip covenants Allianz, Caltex and CBA occupying 80% of the building.

Summary

Summary
Tenancy statistics
Major tenants
NLA (sqm)
Year built (or refurbished)
2007
Grade
A
Ownership
50%
Total NLA (sqm)
39,757
Typical floor plate (sqm)
1,954
Car spaces
286
WALE (by income)
3.3 years
Occupancy
100%
Allianz
18,909
Caltex
9,201
CBA
3,553

THE DENISON

65 Berry Street, North Sydney NSW

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A modern, 18 level office building, centrally located within the North Sydney CBD in close proximity to the major transport links. The regular floor plates allow for efficient space planning and benefit from excellent natural light with floor to ceiling glazing. The Victoria Cross station for Sydney Metro is to be developed on the western adjacent site which, once complete, will be a major benefit for the building.

This property has achieved a 4 star NABERS Energy rating.

Year built (or refurbished) 1986
Grade A
Ownership 100%
Total NLA (sqm) 14,518
Typical floor plate (sqm) 873
Car spaces 262
WALE (by income) 2.5 years
Occupancy 98.9%
Mediacom 7,335
Reckon 2,442

OFFICE SECTOR 26 CHARTER HALL OFFICE TRUST

CHARTER HALL PROPERTY PORTFOLIO

175 EAGLE STREET Brisbane Qld

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An extensive refurbishment of 175 Eagle Street was completed in 2012 and takes full advantage of the riverfront location and refreshes an iconic building into prime grade office accommodation.

175 Eagle Street is located in the prominent riverside location of Brisbane known as the Golden Triangle boasting strong tenant covenants including AON, Aurizon and a variety of high calibre professional services.

The 19 level office building currently has a 4 star NABERS Energy rating.

Summary

Summary
Tenancy statistics
Major tenants
NLA (sqm)
Year built (or refurbished)
2002 (2012)
Grade
A
Ownership
100%
Total NLA (sqm)
22,301
Typical floor plate (sqm)
1,159
Car spaces
162
WALE (by income)
2.9 years
Occupancy
98.8%
Aurizon
10,722
AON Risk Services
1,851

CAPITAL HILL

83–85 George Street, Brisbane Qld

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Capital Hill is directly opposite the new multi-billion dollar casino and entertainment development around Queens Wharf which is due to start construction in 2017. Capital Hill sits within the heart of the government precinct of the CBD and is currently occupied by the State Government. The building has floor plates of approximately 580 square metres and a full lift upgrade has been completed recently.

Year built (or refurbished) 1989
Grade B
Ownership 100%
Total NLA (sqm) 10,516
Typical floor plate (sqm) 581
Car spaces 105
WALE (by income) 0.7 years
Occupancy 94.1%
State of Qld – Dept Main Roads 8,780

OFFICE SECTOR 27 CHARTER HALL OFFICE TRUST

CHARTER HALL PROPERTY PORTFOLIO

150 LONSDALE STREET Melbourne Vic.

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A 28 level, 28,765 square metre A-grade office tower located in the tightly held North Eastern precinct of the Melbourne CBD close to all major transport options and some of the best cafés, restaurants and shopping Melbourne has to offer.

The building features highly efficient column free floor plates and provides spectacular sweeping views across the CBD and beyond. It also has an extremely popular 600 bay public car park for added convenience for staff and visitors, which also has future development proposal.

This property has achieved a 4.5 star NABERS Energy rating.

Summary

Summary
Tenancy statistics
Major tenants
NLA (sqm)
Year built (or refurbished)
1974 (2005)
Grade
A
Ownership
100%
Total NLA (sqm)
28,765
Typical floor plate (sqm)
1,130
Car spaces
647
WALE (by income)
2.4 years
Occupancy
99.1%
Telstra
19,910
Programmed Group
1,719

171 COLLINS STREET

Melbourne Vic.

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Developed by Charter Hall and Cbus Property and designed by Bates Smart, 171 Collins Street achieved a 6 star NABERS Energy rating and a 6 star Green Star Office As Built v2 rating, representing ‘World Leadership’ in environmentally sustainable design.

Located on the prestigious “Paris-end” of Collins Street, the building comprises 33,128 square metres of office space across 18 floors in a new generation tower and seven levels of boutique office space in the heritage listed Mayfair building.

Year built (or refurbished) 2013
Grade Premium
Ownership 50%
Total NLA (sqm) 33,128
Typical floor plate (sqm) 1,823
Car spaces 137
WALE (by income) 6.7 years
Occupancy 100%
BHP 14,349
Wood Group 6,809
Vic Super 3,139
Evans and Partners 1,701

OFFICE SECTOR 28 CHARTER HALL OFFICE TRUST

CHARTER HALL PROPERTY PORTFOLIO

ARGUS CENTRE

300 La Trobe Street, Melbourne Vic.

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A modern 34 level, A grade office tower comprising over 33,022 square metres of office space and 10 levels of car parking located directly opposite Melbourne Central Railway Station in the Flagstaff precinct of Melbourne’s CBD.

In addition to featuring highly efficient 1,500 square metre floor plates, significant building upgrades were completed in 2012 which included an impressive new ground floor lobby and green wall, destination control lifts and major plant upgrades. The building has also maintained an impressive 5 star NABERS Energy rating for the past three years.

Summary

Summary
Tenancy statistics
Major tenants
NLA (sqm)
Year built (or refurbished)
1991 (2012)
Grade
A
Ownership
100%
Total NLA (sqm)
33,022
Typical floor plate (sqm)
1,487
Car spaces
526
WALE (by income)
5.9 years
Occupancy
100%
Telstra Corporation Ltd
23,455
Department of Veteran Affairs
4,749

EASTPOINT PLAZA

233–237 Adelaide Terrace, Perth WA

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Eastpoint Plaza is a prominent 11 level office building located in the eastern end of Perth’s CBD. With a distinctive and attractive design, the building offers extensive Swan River views across every floor. The large floor plates of over 1,000 square metres are flooded with natural light and the design allows for fitout flexibility. There is a generous allowance of undercover secure car parking and the entry lobby has been recently refurbished.

This property has achieved a 4 star NABERS Energy rating.

Year built (or refurbished) 1982
Grade B
Ownership 100%
Total NLA (sqm) 11,419
Typical floor plate (sqm) 1,050
Car spaces 105
WALE (by income) 2.7 years
Occupancy 90.6%
Western Australian Government 4,604
Goldfields Gas Transmissions Pty Ltd 1,472

OFFICE SECTOR 29 OFFICE MANDATES AND PARTNERSHIPS

CHARTER HALL PROPERTY PORTFOLIO

OFFICE MANDATES AND PARTNERSHIPS

Charter Hall’s wholesale partnership and mandate business manages a range of high quality institutional grade office assets on behalf of its institutional clients. These wholesale mandates include 1 Shelley Street Sydney, Brisbane Square, 275 George Street Brisbane, GPO Exchange Adelaide and Bankwest Place Perth.

1 SHELLEY STREET

Sydney NSW

BRISBANE SQUARE

266 George Street, Brisbane Qld

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1 Shelley Street, Sydney is a prominently positioned prime-grade office building located directly adjacent to the south side of Barangaroo, and benefits from the improved accessibility to the Wynyard bus/rail interchange, and the revitalised retail and restaurant precinct in the area. The office component is 100% leased to ASX-listed Macquarie Group, with the parking facilities leased to Secure Parking.

Located within the Brisbane CBD at the top of the Queen Street Mall, Brisbane Square is an iconic office building located in the heart of the government and legal precincts along George Street. The property comprises of premium office space over 38 levels, ground floor retail and car parking spaces over three basement levels.

The site is secured with a weighted average lease expiry (WALE) of 6.4 years, and provides an attractive investment proposition.

Ownership

CPOF 50%
Institutional clients 50%
CPOF 49.9%
Institutional client 33.3%

OFFICE SECTOR 30 OFFICE MANDATES AND PARTNERSHIPS

CHARTER HALL PROPERTY PORTFOLIO

Ownership

275 GEORGE STREET Brisbane Qld

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Comprising more than 40,000 square metres of A-grade office and retail space over 30 levels, this state-of-the-art energy efficient building is located in the heart of the Brisbane CBD. With a 5 star NABERS Energy rating and a 5 star Green Star Office As Built v2 rating, the building offers sweeping 360 degree views of the Brisbane River and city scape.

CPOF 50%
Institutional client 50%

GPO EXCHANGE

10 Franklin Street, Adelaide SA

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Artist’s Impression
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GPO Exchange comprises the Adelaide GPO 99 year leasehold interest and adjoining freehold development land. These properties are located between King William Street and the ATO building on Franklin Street.

Planning Consent has been obtained for two office towers of approximately 24,500 square metres and 12,500 square metres plus refurbishment of the heritage GPO building. The precinct will also accommodate approximately 3,000 square metres of retail.

CPOF 50%
Institutional client 50%

BANKWEST PLACE AND RAINE SQUARE Perth WA

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Bankwest Place and Raine Square is an office and retail complex situated in a prime location within the Perth CBD market. The office component is occupied by Bankwest on a 12 year lease. The site covers the majority of an entire CBD block and also accommodates a variety of main street retail spaces, a hotel and two licensed bars.

Raine Square is currently undergoing a redevelopment including introducing a new cinema complex and re-positioning the retail precinct, opening the site lines, activating the dining options and re-energising the tenancy offering and ground planes.

CPOF 49.9%
Institutional client 33.3%

OFFICE SECTOR 31 CHARTER HALL DIRECT OFFICE FUND

CHARTER HALL PROPERTY PORTFOLIO

CHARTER HALL DIRECT OFFICE FUND

Charter Hall Direct Office Fund (DOF) is an unlisted property fund, open for investment to retail, high net wealth and self managed superannuation fund investors, that aims to provide regular, income payable quarterly from a diversified portfolio of office properties.

TOP 10 TENANTS BY GROSS INCOME

ANNUAL LEASE EXPIRY GROSS INCOME

Coles 9.2% NSW Government 9.0% Western Sydney University 8.6% Aurizon 7.2% Barrister Chambers Ltd 6.7% Westpac Banking Corporation 6.5% Bank of Queensland 5.6% Orica Australia Pty Ltd 4.4% Collection House 3.1% DCC Holdings Ltd 2.8%

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----- Start of picture text -----

Vacant
0.2%
FY18
2.0%
FY19
7.1%
FY20
9.7%
FY21
5.5%
FY22
6.3%
FY23
2.9%
FY24
1.2%
FY25+
65.1%
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OFFICE SECTOR 32 CHARTER HALL DIRECT OFFICE FUND

CHARTER HALL PROPERTY PORTFOLIO

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----- Start of picture text -----

200 Queen Street, Melbourne Vic.
GEOGRAPHICAL DIVERSIFICATION
BY CURRENT VALUE
2.5%
16.8%
48.0%
32.7%
New South Wales
Victoria
Queensland
Western Australia
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OFFICE SECTOR 33 CHARTER HALL DIRECT OFFICE FUND

CHARTER HALL PROPERTY PORTFOLIO

PROPERTY PORTFOLIO

DOF WALE WEIGHTED AVG
OWNERSHIP (%) (YEARS) RENT REVIEWS (%)
Western Sydney University
1 Parramatta Square, Parramatta NSW
50% 14.6 3.8%
105 Phillip Street, Parramatta NSW2 50% 12.0 3.8%
165 Walker Street, North Sydney NSW3 100% 3.1 3.8%
Westpac
4–16 Montgomery Street, Kogarah NSW
68 Pitt Street, Sydney NSW
100 Skyring Terrace, Newstead Qld
49.9%
100%
50%
17.0
3.5
8.9
2.0%
3.7%
3.9%
900 Ann Street, Fortitude Valley Qld2 50% 12.0 3.3%
Coles HQ
800 Toorak Road, Hawthorn East Vic.
50% 12.7 3.3%
1 Nicholson Street, Melbourne Vic.4 100% 6.7 3.7%
200 Queen Street, Melbourne Vic. 100% 6.8 3.4%
181 St Georges Terrace, Perth WA4 100% 8.0 4.1%
TOTAL / WEIGHTED AVERAGE 9.1 3.6%

$1,217.6[1]

TOTAL VALUE OF PORTFOLIO (A$M)

5.94%

WEIGHTED AVERAGE CAPITALISATION RATE (WACR)

100 Skyring Terrace, Brisbane Qld

  1. Includes development assets at “as if complete” value.

  2. Lease term at development completion.

  3. Sold post 30 June 2017.

  4. Includes leasing deal in Heads of Agreement.

OFFICE SECTOR 34 CHARTER HALL DIRECT OFFICE FUND

CHARTER HALL PROPERTY PORTFOLIO

WESTERN SYDNEY UNIVERSITY

1 Parramatta Square, Parramatta NSW

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Recently completed 14-level prime office tower with ground floor retail and two levels of basement parking (80 spaces).

The property is located to the south western corner of Macquarie and Smith street approximately 150 metres north of Parramatta transport interchange, and is Western Sydney University’s new age campus home to approximately 10,000 students.

Summary

Summary
Tenancy statistics
Major tenants
NLA (sqm)
Year built (or refurbished)
2016
Grade
A
Ownership
50%
Total NLA (sqm)
26,498
Typical floor plate (sqm)
1,400
Car spaces
92
WALE (by income)
14.6 years
Occupancy
100%
Western Sydney University
26,498

105 PHILLIP STREET

Parramatta NSW

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Artist’s Impression
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New A-grade building with practical completion forecast in May 2018, with strong environmental credentials.

The property is located in a strategically important location for the NSW Government, with a 12 year lease to Government Property NSW and with fixed 3.75% annual reviews.

Year built (or refurbished) 2018
Grade A
Ownership 50%
Total NLA (sqm) 25,264
Typical floor plate (sqm) 2,200
Car spaces
WALE (by income) 12.0 years
Occupancy 99.4%
NSW Government 25,264

OFFICE SECTOR 35 CHARTER HALL DIRECT OFFICE FUND

CHARTER HALL PROPERTY PORTFOLIO

165 WALKER STREET North Sydney NSW

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The building comprises ground level entrance foyer and retail accommodation, mezzanine office accommodation and six levels of office accommodation. Located in the North Sydney CBD adjacent to the Warringah Expressway, it has views over Sydney Harbour.

The asset has been sold post 30 June 2017.

Summary

Summary
Tenancy statistics
Major tenants
NLA (sqm)
Year built (or refurbished)
1963 (2014)
Grade
B
Ownership
100%
Total NLA (sqm)
5,244
Typical floor plate (sqm)
874
Car spaces
37
WALE (by income)
3.1 years
Occupancy
100%
Sony
2,379
Access Prepaid Australia
788

WESTPAC

4–16 Montgomery Street, Kogarah NSW

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The property is an A-grade commercial office building, constructed in 1990 and comprising five levels of office space and parking for 597 vehicles.

The property is currently leased to Westpac Banking Corporation, which occupies 100% of the property.

The building underwent an extensive refurbishment in 2016, which included base building works, upgrades to plant and equipment and tenant fitout works.

Year built (or refurbished) 1990 (2016)
Grade A
Ownership 49.9%
Total NLA (sqm) 31,724
Typical floor plate (sqm) 5,226
Car spaces 597
WALE (by income) 17.0 years
Occupancy 100%
Westpac Banking Corporation 31,724

OFFICE SECTOR 36 CHARTER HALL DIRECT OFFICE FUND

CHARTER HALL PROPERTY PORTFOLIO

68 PITT STREET

Sydney NSW

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Situated in the centre of the Sydney CBD on the corner of Pitt and Hunter Streets, the 24 level office building is in immediate proximity to Australia Square, Wynyard Station and benefits from three sides of natural light. The property was repositioned via refurbishment in 2011.

Summary

Summary
Tenancy statistics
Major tenants
NLA (sqm)
Year built (or refurbished)
1965 (2011)
Grade
B
Ownership
100%
Total NLA (sqm)
14,294
Typical floor plate (sqm)
549
Car spaces
47
WALE (by income)
3.5 years
Occupancy
100%
Bird & Bird
1,699
Adecco
1,434
NIB
928
Urbanest Pty Ltd
574

100 SKYRING TERRACE Brisbane Qld

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100 Skyring Terrace is located in the heart of Brisbane’s thriving Gasworks precinct, Newstead – a flourishing business and lifestyle community, only 1.7 kilometres from the city centre.

Completed in 2014, this 12 level prime office building comprises approximately 24,665 square metres of office space with large and efficient 1,965 square metres campus-style floors with inspiring 360 degree river and city views. It features 1,038 square metres of retail space, a dedicated end-of-trip facility and 195 car parking spaces.

Year built (or refurbished) 2014
Grade A
Ownership 50%
Total NLA (sqm) 24,665
Typical floor plate (sqm) 1,965
Car spaces 195
WALE (by income) 8.9 years
Occupancy 100%
Bank of Queensland 13,237
Collection House 8,007
Temando 1,098

OFFICE SECTOR 37 CHARTER HALL DIRECT OFFICE FUND

CHARTER HALL PROPERTY PORTFOLIO

900 ANN STREET Fortitude Valley, Qld

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Artist’s Impression
----- End of picture text -----

On completion in 2018, the property will comprise 18,991 square metres (NLA) of A-grade office accommodation over 22 floors, 200 square metres of retail accommodation and 280 square metres (NLA) of integrated church/ community space. The ground floor entrance will provide a prestigious opening to an expansive foyer with double height ceilings.

The development will incorporate state of the art end of trip facilities comprising 153 bicycle parks and 103 secure basement car spaces over two basement floor levels.

The building has achieved a 5 star Green Star Office Design v3 rating and is registered for a Green Star Office As Built v3 rating.

Summary

Summary
Tenancy statistics
Major tenants
NLA (sqm)
Year built (or refurbished)
2018
Grade
A
Ownership
50%
Total NLA (sqm)
18,991
Typical floor plate (sqm)
1,445
Car spaces
103
WALE (by income)
12.0 years from practical completion
Occupancy
98.6%
Aurizon
18,791

COLES HQ

800 Toorak Road, Hawthorn East Vic.

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This landmark six level office complex is located in an inner Melbourne location with strong amenity and excellent transport connectivity being adjacent to the Monash Freeway. Leased to one of Australia’s largest retailers, Coles Group, with a long lease term remaining.

Year built (or refurbished) 1986 (2014)
Grade A
Ownership 50%
Total NLA (sqm) 41,898
Typical floor plate (sqm) 3,000–11,000
Car spaces 2,250
WALE (by income) 12.7 years
Occupancy 100%
Coles 41,898

OFFICE SECTOR 38 CHARTER HALL DIRECT OFFICE FUND

CHARTER HALL PROPERTY PORTFOLIO

1 NICHOLSON STREET

Melbourne Vic.

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Melbourne’s first glass curtain wall facade ‘sky-scraper’, designed by Bates Smart and constructed in 1958. The building comprises 18 levels of office, ground floor retail café and basement car parking. The building enjoys fantastic views over Parliament Gardens and State Parliament House, is located close to public transport hubs, both tram and train.

Summary

Summary
Tenancy statistics
Major tenants
NLA (sqm)
Year built (or refurbished)
1958 (2016)
Grade
B
Ownership
100%
Total NLA (sqm)
16,847
Typical floor plate (sqm)
920
Car spaces
55
WALE (by income)
6.7 years1
Occupancy
100%
Orica
7,374
DCC Holdings Pty Ltd
4,597
Arup
2,757

200 QUEEN STREET

Melbourne Vic.

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The A-grade commercial office building comprises nine levels of parking, ground level retail premises and office foyer and 25 levels of office accommodation.

The building is well located in the heart of legal and financial precincts of Melbourne’s CBD, reflected in the calibre of tenants, mainly legal service providers.

Year built (or refurbished) 1982 (2015)
Grade A
Ownership 100%
Total NLA (sqm) 19,736
Typical floor plate (sqm) 813
Car spaces 410
WALE (by income) 6.8 years
Occupancy 100%
Barristers Chambers Ltd 11,011
Redmon Group Pty Ltd 2,356
  1. Includes leasing deal in Heads of Agreement.

OFFICE SECTOR 39 CHARTER HALL DIRECT OFFICE FUND

CHARTER HALL PROPERTY PORTFOLIO

181 ST GEORGES TERRACE Perth WA

==> picture [132 x 188] intentionally omitted <==

Located at 181 St Georges Terrace, the property comprises a modern B-grade office building comprising of ground floor foyer and retail tenancies and six upper level office floors. The property’s location on St Georges Terrace is the premier address for financial and commercial activity within the Perth CBD.

Summary

Summary
Tenancy statistics
Major tenants
NLA (sqm)
Year built (or refurbished)
2001
Grade
B
Ownership
100%
Total NLA (sqm)
3,590
Typical floor plate (sqm)
535
Car spaces
12
WALE (by income)
8.0 years1
Occupancy
100%
DOF Subsea
2,378
Westlink Logistics
533
  1. Includes leasing deal in Heads of Agreement.

40

CHARTER HALL PROPERTY PORTFOLIO

OFFICE SECTOR CHARTER HALL DIRECT OFFICE FUND

100 Skyring Terrace, Newstead Qld

OFFICE SECTOR 41 DIRECT PFA FUND

CHARTER HALL PROPERTY PORTFOLIO

DIRECT PFA FUND

Direct PFA Fund (PFA) is an unlisted property fund with an established and growing portfolio of income generating Australian office properties anchored by government tenants.

TOP 10 TENANTS BY GROSS INCOME

ANNUAL LEASE EXPIRY GROSS INCOME

Vacant 0.5% FY18 8.6% FY19 4.1% FY20 11.1% FY21 0.5% FY22 15.2% FY23 0.0% FY24 10.3% FY25+ 49.7%

WA Government 31.8% Tasmanian Government 17.1% Foxtel Management Pty Ltd 12.4% Federal Government 10.3% Queensland Government 8.6% Console Group 3.2% Clemenger 2.9% Australian Business Academy 2.5% Australian College of Nursing 2.4% Umow Lai Pty Limited 1.4%

==> picture [200 x 543] intentionally omitted <==

OFFICE SECTOR 42 DIRECT PFA FUND

CHARTER HALL PROPERTY PORTFOLIO

==> picture [842 x 543] intentionally omitted <==

----- Start of picture text -----

657 Pacific Highway, St Leonards NSW
GEOGRAPHICAL DIVERSIFICATION
BY CURRENT VALUE
14.0%
25.8%
35.3%
13.5%
11.4%
New South Wales
Victoria
Queensland
Western Australia
Tasmania
----- End of picture text -----

OFFICE SECTOR 43 DIRECT PFA FUND

CHARTER HALL PROPERTY PORTFOLIO

PROPERTY PORTFOLIO

200 Adelaide St, Brisbane Qld

$243.1
TOTAL VALUE
OF PORTFOLIO (A$M)
7.59%
WEIGHTED AVERAGE
CAPITALISATION RATE
(WACR)
PFA
OWNERSHIP (%)
WALE
(YEARS)
WEIGHTED AVG
RENT REVIEWS (%)
9 Wentworth Street, Parramatta NSW
100%
5.4
4.1%
657 Pacific Hwy, St Leonards NSW1
100%
2.8
3.8%
ANZAC Square
200 Adelaide St, Brisbane Qld
100%
1.2
3.6%
Lands Building
134 Macquarie St, Hobart Tas.
100%
11.7
2.3%
Foxtel Building
1–21 Dean St, Moonee Ponds Vic.
100%
4.7
3.0%
Sevenoaks
303 Sevenoaks St, Cannington WA
100%
10.0
4.0%
TOTAL / WEIGHTED AVERAGE
7.0
3.5%
  1. Sold post 30 June 2017.

OFFICE SECTOR 44 DIRECT PFA FUND

CHARTER HALL PROPERTY PORTFOLIO

WENTWORTH PLACE

9 Wentworth Street, Parramatta NSW

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Known as Wentworth Place, the property comprises a commercial tower that was refurbished in 2006. The building incorporates a ground level foyer and retail, six upper levels of office accommodation and basement parking for 91 cars.

Summary

Summary
Tenancy statistics
Major tenants
NLA (sqm)
Year built (or refurbished)
1988 (2006)
Grade
A
Ownership
100%
Total NLA (sqm)
7,682
Typical floor plate (sqm)
1,237
Car spaces
91
WALE (by income)
5.4 years
Occupancy
100%
Federal Government
5,192
Australian Business Academy
1,237
Australian College of Nursing
1,222

657 PACIFIC HIGHWAY

St Leonards NSW

==> picture [188 x 132] intentionally omitted <==

This B-grade office building comprises ground floor retail and eight upper level office accommodation plus basement level parking for 40 vehicles.

This asset has been sold post 30 June 2017.

Year built (or refurbished) 1970
Grade B
Ownership 100%
Total NLA (sqm) 3,576
Typical floor plate (sqm) 460
Car spaces 40
WALE (by income) 2.8 years
Occupancy 93.0%
Summertime Fitness 558
Umow Lai Pty Ltd 530
Upskilled 460

OFFICE SECTOR 45 DIRECT PFA FUND

CHARTER HALL PROPERTY PORTFOLIO

ANZAC SQUARE

200 Adelaide Street, Brisbane Qld

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The property forms part of the Property Council of Australia award winning ANZAC Square heritage complex and has direct access to Central Station via a pedestrian tunnel. It comprises five levels of office accommodation and ground floor retail space, plus basement level parking for 28 cars.

Summary

Summary
Tenancy statistics
Major tenants
NLA (sqm)
Year built (or refurbished)
1957 (2016)
Grade
B
Ownership
100%
Total NLA (sqm)
5,957
Typical floor plate (sqm)
1,187
Car spaces
28
WALE (by income)
1.2 years
Occupancy
100%
Queensland State Government
3,538
Console Group
1,275

LANDS BUILDING

134 Macquarie Street, Hobart Tas.

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Known as The Lands Building, the property comprises 10 levels of office accommodation, 32 basement car spaces and archival-quality storage spaces. With abundant natural light and impressive views over Hobart and the River Derwent, the Property underwent a major restoration in 1998 and 2017 to maintain its A-grade status.

Year built (or refurbished) 1975 (2017)
Grade A
Ownership 100%
Total NLA (sqm) 11,675
Typical floor plate (sqm) 1,182
Car spaces 32
WALE (by income) 11.7 years
Occupancy 100%
State Government of Tasmania 11,675

OFFICE SECTOR 46 DIRECT PFA FUND

CHARTER HALL PROPERTY PORTFOLIO

FOXTEL BUILDING

1–21 Dean Street, Moonee Ponds Vic.

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The property has five levels of office space and features virtually uninterrupted natural light. At the centre of the building is a four level high atrium with a translucent ceiling and suspended stairways. Substantial parking facilities for the property include 248 car spaces.

Summary

Summary
Tenancy statistics
Major tenants
NLA (sqm)
Year built (or refurbished)
2004
Grade
B
Ownership
100%
Total NLA (sqm)
7,104
Typical floor plate (sqm)
1,718
Car spaces
248
WALE (by income)
4.7 years
Occupancy
100%
Foxtel
7,104

SEVENOAKS

303 Sevenoaks Street, Cannington WA

==> picture [132 x 188] intentionally omitted <==

This modern four level office building offers large floor plates which are attractive to government and large corporate tenants. There are two internal atriums within the building that enhance natural lighting, and parking for 100 cars. The Perth suburb of Cannington is approximately 12 kilometres from the Perth CBD, and is predominantly occupied by government tenants.

Year built (or refurbished) 1992 (2016)
Grade B
Ownership 100%
Total NLA (sqm) 20,837
Typical floor plate (sqm) 5,540
Car spaces 100
WALE (by income) 10.0 years
Occupancy 100%
Western Australian Government 20,817

OFFICE SECTOR 47 CHARTER HALL DIRECT WORKZONE TRUST

CHARTER HALL PROPERTY PORTFOLIO

CHARTER HALL DIRECT WORKZONE TRUST

Charter Hall Direct WorkZone Trust (CHIF9) is an unlisted property syndicate investing in a newly constructed A-grade office building located on the fringe of the Perth CBD. The seven level office building has achieved a 5 star Green Star Office As Built v3 rating and a 5.5 star NABERS Energy rating. The property achieves secure income streams derived from a strong tenancy profile.

WORKZONE

202 Pier Street, Perth WA

==> picture [131 x 188] intentionally omitted <==

WorkZone is an innovative inner city office campus located in Perth’s rapidly developing CBD fringe. This sustainable office campus comprises A-grade office space. It is conveniently located adjacent to McIver train station and is within walking distance to Hay Street Mall and the bustling Northbridge precinct, which offers a variety of restaurants, bars and entertainment. The building features large, open and efficient floorplates of 2,400 square metres with excellent natural light and extensive facilities.

Summary
Tenancy statistics
Major tenants
NLA (sqm)
Year built (or refurbished)
2013
Grade
A
Ownership
100%
Total NLA (sqm)
15,602
Typical floor plate (sqm)
2,443
Car spaces
141
WALE (by income)
8.2 years
Occupancy
99.6%
CIMIC Group
15,331

OFFICE SECTOR 48 CHARTER HALL DIRECT VA TRUST

CHARTER HALL PROPERTY PORTFOLIO

CHARTER HALL DIRECT VA TRUST

Charter Hall Direct VA Trust (CHIF10) is an unlisted property syndicate investing in the headquarters for Virgin Australia, an A-grade office building located on the fringe of the Brisbane CBD.

VIRGIN AUSTRALIA HEADQUARTERS

56 Edmondstone Road, Bowen Hills Qld

==> picture [132 x 188] intentionally omitted <==

Located approximately three kilometres north east of the Brisbane CBD, Virgin Australia’s Headquarters comprises a modern three building office complex, interconnected by a central courtyard. The property was constructed in 2008 and provides high-quality, efficient large floor plates with natural light on all elevations.

Summary
Tenancy statistics
Major tenants
NLA (sqm)
Year built (or refurbished)
2008
Grade
A
Ownership
100%
Total NLA (sqm)
12,427
Typical floor plate (sqm)
Up to 2,020
Car spaces
149
WALE (by income)
8.8 years
Occupancy
100%
Virgin Australia
12,427

OFFICE SECTOR 49 144 STIRLING STREET TRUST

CHARTER HALL PROPERTY PORTFOLIO

144 STIRLING STREET TRUST

Charter Hall Direct 144 Stirling Street Trust (CHIF8) is an unlisted property syndicate investing in an office building located in the Perth CBD fringe. The Trust aims to provide investors with sustainable and stable, tax-advantaged income and the potential for capital growth.

HATCH BUILDING

144 Stirling Street, Perth WA

==> picture [188 x 133] intentionally omitted <==

The office building is located within the northern fringe of the Perth CBD, a rapidly emerging office precinct. The asset’s key tenants, include Hatch, and WA Minister for Works who occupy a total of 98% of the building’s NLA.

Summary
Tenancy statistics
Major tenants
NLA (sqm)
Year built (or refurbished)
1969 (2008)
Grade
A
Ownership
100%
Total NLA (sqm)
11,042
Typical floor plate (sqm)
2,269–2,411
Car spaces
243
WALE (by income)
3.8 years
Occupancy
100%
WA Government
5,936
Hatch
4,939

This asset has been sold post 30 June 2017.

50

INDUSTRIAL

==> picture [59 x 88] intentionally omitted <==

111 6.42% NUMBER OF WEIGHTED AVERAGE PROPERTIES CAPITALISATION RATE (WACR) 97.4% 9.2 years OCCUPANCY WEIGHTED AVERAGE LEASE EXPIRY (WALE)

INDUSTRIAL SECTOR 51 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

CHARTER HALL PRIME INDUSTRIAL FUND

Berrinba Distribution Centre, Berrinba Qld

Charter Hall Prime Industrial Fund (CPIF) was launched in 2007. The fund predominantly targets assets within the industrial and logistics sectors in major capital city markets of Australia, and sources a mix of core and enhanced investment grade property assets.

TOP 10 TENANTS

BY GROSS INCOME

Woolworths 5.8% Metcash 4.6% AHG 4.3% Prixcar 4.0% Wesfarmers 3.8% Volkswagen 3.6% Carlton United Breweries 3.2% Northline 2.6% GWA Group 2.5% Alex Fraser Group 2.3%

ANNUAL LEASE EXPIRY GROSS INCOME

Vacant 5.8% FY18 5.2% FY19 5.6% FY20 2.3% FY21 14.8% FY22 4.1% FY23 4.7% FY24 5.7% FY25+ 51.9%

INDUSTRIAL SECTOR 52 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

==> picture [492 x 543] intentionally omitted <==

GEOGRAPHICAL DIVERSIFICATION BY CURRENT VALUE

==> picture [250 x 262] intentionally omitted <==

----- Start of picture text -----

1.4%
2.4% 35.3%
0.9%
11.8%
34.6%
13.6%
New South Wales
Victoria
Queensland
Western Australia
South Australia
Tasmania
Northern Territory
----- End of picture text -----

INDUSTRIAL SECTOR 53 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

PROPERTY PORTFOLIO

$2,313.1

TOTAL VALUE OF PORTFOLIO (A$M)

6.35%

WEIGHTED AVERAGE CAPITALISATION RATE (WACR)

CPIF
OWNERSHIP
(%)
WALE
(YEARS)
WEIGHTED
AVG RENT
REVIEWS (%)
Chatswood Business Park NSW
100%
4.7
2.8%
Chullora Distribution Facility NSW
100%
7.1
3.3%
Chullora Industrial Park NSW
100%
1.3
3.9%
Chullora Logistc Park (Lion & Fastway)
NSW
100%
10.0
3.1%
Greenacre Logistics Facility NSW
100%
13.8
2.2%
Huntingwood Industrial Estate NSW
100%
5.7
2.8%
M5/M7 Logistics Park
(Stage 1 & Stage 2) NSW
100%
8.6
3.3%
Minto Distribution Centre NSW
100%
2.5
2.2%
Prestons Distribution Facility NSW
100%
14.4
2.7%
Rosehill Distribution Centre NSW
100%
7.1
2.7%
Smithfield Distribution Facility NSW
100%
5.7
3.3%
Wetherill Park Distribution Centre NSW
100%
1.0
3.0%
Worth Street Distribution Centre NSW
100%
7.0
2.3%
East Arm Port Distribution Facility NT
100%
10.1
3.0%
Berrinba Distribution Centre Qld
100%
3.4
3.0%
Hemmant Industrial Park Qld
100%
8.1
3.4%
Holt Street Distribution Centre Qld
100%
4.8
3.8%
Main Beach Distribution Centre Qld
100%
5.4
3.3%
Motorway Industrial Park (QLS)
100%
7.0
3.3%
Peachey Road Distribution Centre Qld
100%
13.5
3.0%
Willawong Logistics Facility Qld
100%
22.8
3.6%
Gilman Distribution Centre SA
100%
4.0
3.5%
Translink Distribution Centre Tas.
50.1%
19.7
2.8%
CPIF
OWNERSHIP
(%)
WALE
(YEARS)
WEIGHTED
AVG RENT
REVIEWS (%)
Alex Fraser, Clarinda Vic.
100%
6.9
3.3%
Alex Fraser, Epping Vic.
100%
12.8
3.3%
Alex Fraser, Laverton North Vic.
100%
19.4
3.3%
Altona Logistics Facility Vic.
100%
13.9
2.7%
Boundary Logistics Centre Vic.
100%
15.0
2.7%
Dandenong Distribution Centre Vic.
48%
20.0
2.8%
Discovery Industrial Estate Vic.
100%
5.7
3.2%
Fitzgerald Road Distribution Centre Vic.
100%
3.8
2.2%
Laverton Logistics Centre Vic.
100%
1.0
3.8%
ParkWest Industrial Estate Vic.
100%
6.8
3.2%
Somerton Logistics Centre Vic.
100%
4.2
3.0%
Truganina Distribution Facility Vic.
50%
14.9
3.5%
Canning Vale Distribution Centre WA
100%
3.3
3.0%
Canning Vale Logistics Centre WA
100%

Kewdale Distribution Centre WA
100%
2.6
3.0%
Stockyards Industrial Estate WA
50%
7.4
2.9%
Welshpool Distribution Centre WA
100%
6.8
3.5%
Chullora Logistics Park NSW (land)
100%

M5/M7 Logistics Park NSW (land)
100%

Huntingwood Logistics Park NSW (land)
100%

Motorway Industrial Park Qld (land)
100%

Sherbrooke Industrial Park Qld (land)
100%

Tradecoast Industrial Park Qld (land)
100%

TOTAL/WEIGHTED AVERAGE
7.7
3.0%

INDUSTRIAL SECTOR 54 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

CHATSWOOD BUSINESS PARK

372 Eastern Valley Way, Chatswood NSW

==> picture [188 x 132] intentionally omitted <==

The Chatswood Business Park is located on a high profile site at the corner of Eastern Valley Way and Smith Street, two kilometres north east of the Chatswood Regional Centre and 10 kilometres north of the Sydney CBD.

The property comprises a modern, 10 unit industrial complex that was completed in 1986. The units are constructed over two main levels and have a gross lettable area of 12,664 square metres. The estate is anchored by key bulky goods users, Petbarn and The Good Guys occupying 57% of the total GLA. Bunnings Warehouse occupies the adjoining site.

CHULLORA DISTRIBUTION FACILITY

24 Muir Road, Chullora NSW

==> picture [188 x 132] intentionally omitted <==

The property comprises a purpose built facility for Volkswagen Group Australia’s head office and distribution centre, comprising of three office levels over 10,747 square metres, a training centre, service area and a high clearance warehouse facility comprising 15,992 square metres.

The state of the art facility comprises warehouse accommodation featuring a minimum clearance height of approximately 10 metres, rising to approximately 13.5 metres with access via seven ongrade roller shutters and 10 recessed docks along the northern elevation.

Volkswagen has also committed to a 7,000 square metre warehouse expansion due for completion early 2018.

Tenancy statistics
Major tenants
(GLA sqm)
Summary
Year built (or refurbished)
1986
Ownership
100%
Total GLA (sqm)
12,664
WALE (by income)
4.7 years
Occupancy
100%
Petbarn
4,605
The Good Guys
2,566
Year built (or refurbished) 2011
Ownership 100%
Total GLA (sqm) 26,739
WALE (by income) 7.1 years
Occupancy 100%
Volkswagen 26,739

INDUSTRIAL SECTOR 55 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

CHULLORA INDUSTRIAL PARK 56 Anzac Street, Chullora NSW

==> picture [188 x 132] intentionally omitted <==

The property comprises two substantial industrial warehouse/office facilities, with attached awning and hardstand areas situated on a site of 6.5 hectares.

Building one comprises a modern showroom/office area fronting the Hume Highway and warehouse area to the rear. It is occupied by Volvo Truck Australia and has a gross lettable area of 6,995 square metres.

Building two is a large freestanding office/warehouse of approximately 21,204 square metres. Internal clearance up to 13 metres and access is provided via a series of roller shutter doors and recessed loading docks on the south and west elevations, with a large covered awning and large open marshalling areas.

Summary
Tenancy statistics
Major tenants
(GLA sqm)
Year built (or refurbished)
2010
Ownership
100%
Total GLA (sqm)
28,198
WALE (by income)
1.3 years
Occupancy
100%
Australia Post
10,794
Shriro
10,409
Volvo
6,995

CHULLORA LOGISTICS PARK (LION & FASTWAY)

2 Hume Highway, Chullora NSW

==> picture [188 x 132] intentionally omitted <==

----- Start of picture text -----

Artist’s Impression
----- End of picture text -----

Chullora Logistics Park is located in one of Australia’s most highly sought after industrial precincts. The estate is situated 17 kilometres west of the Sydney CBD, offering efficient access to both the M4 and M5 Motorways and is also in close proximity to the Chullora Pacific National Rail Terminal and Enfield Intermodal Terminal.

Buildings 2 and 3 have been pre-committed to Lion Dairy and Drinks and Fastway Couriers for 9,989 square metres and 21,500 square metres respectively and both on 10 year lease terms. Lion Dairy and Drinks will reach practical completion in March 2018 and Fastway in June 2018.

Year built (or refurbished) Will reach practical completion in 2018
Ownership 100%
Total GLA (sqm) 31,489
WALE (by income) 10.0 years
Occupancy 100%
Fastway Couriers 21,500
Lion Nathan 9,989

INDUSTRIAL SECTOR 56 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

GREENACRE LOGISTICS FACILITY

1 Moondo Street, Greenacre NSW

==> picture [188 x 132] intentionally omitted <==

The property comprises a 31,730 square metres land parcel with direct access to Roberts Road at Greenacre. The site is improved with a 12,813 square metre freestanding two storey office building and a high clearance cold storage warehouse facility. Internal clearances in the warehouse are up to 11.3 metre with access provided via fourteen raised docks with dock levellers. The property also benefits from a large hardstand forecourt providing excellent heavy vehicle marshalling and manoeuvrability.

HUNTINGWOOD INDUSTRIAL ESTATE

11–15 Huntingwood Drive, Huntingwood NSW

==> picture [188 x 132] intentionally omitted <==

The property incorporates two adjoining industrial facilities over a total site area of five hectares. 11 Huntingwood Drive comprises a 5,391 square metre freestanding building providing separate office and warehouse areas. 15 Huntingwood Drive comprises a 12,959 square metre freestanding building providing a high clearance warehouse, two-storey office and a dangerous goods store together with additional mezzanine storage.

The property is situated in the established industrial estate of Huntingwood, adjoining the M4 Motorway approximately 34 kilometres west of the Sydney CBD and 10 kilometres west of Parramatta.

The site provides the opportunity for development of additional GLA due to low existing site coverage.

Summary

Tenancy statistics
Major tenants
(GLA sqm)
Summary
Year built (or refurbished)
1999
Ownership
100%
Total GLA (sqm)
12,813
WALE (by income)
13.8 years
Occupancy
100%
Primo Meats
12,813
Year built (or refurbished) 1995–1996
Ownership 100%
Total GLA (sqm) 18,350
WALE (by income) 5.7 years
Occupancy 100%
Danks (Woolworths Limited) 12,959
Uni-Span Australia 5,391

INDUSTRIAL SECTOR 57 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

M5/M7 LOGISTICS PARK (STAGE 1 & STAGE 2) 290 Kurrajong Road, Prestons NSW

==> picture [188 x 132] intentionally omitted <==

----- Start of picture text -----

Artist’s Impression
----- End of picture text -----

Stage 1 of the Logistics Park was completed in May 2017. The facility incorporates a lettable area of 25,550 square metres, of which 15,250 square metres is leased to Bracknells Warehousing and 10,300 square metres to BAM Wine Logistics.

Stage 2 consists of a 30,801 square metre facility and is currently under construction. CPIF has a signed AFL with existing tenant customer GWA for 10 years from Practical Completion in March 2018.

MINTO DISTRIBUTION CENTRE

42 Airds Road, Minto NSW

==> picture [188 x 132] intentionally omitted <==

The site comprises a free standing functional manufacturing and warehouse facility and ancillary office with a gross lettable area of 10,766 square metres on a total site area 2.6 hectares. The property is located on Airds Road, a main link road to Minto Industrial Precinct and is within close proximity to the M5 and M7 Motorways. Minto is located approximately 56 kilometres south-west of Sydney CBD.

The park has a total site area of 15 hectares and is located in the premium south western Sydney logistics precinct of Prestons, within 35 kilometres of Port Botany. The park is well serviced by direct access to the M7 and M5 Motorways, Hume Highway and the approved development of the Moorebank Intermodal.

Summary

Summary
Tenancy statistics
Major tenants
(GLA sqm)
Year built (or refurbished)
2017 (Under Construction)
Ownership
100%
Total GLA (sqm)
56,351
WALE (by income)
8.6 years
Occupancy
100%
GWA
30,801
Bracknells Warehousing
15,250
BAM Wine Logistics
10,300
Year built (or refurbished) 1990
Ownership 100%
Total GLA (sqm) 10,766
WALE (by income) 2.5 years
Occupancy 100%
Pact Group 10,766

INDUSTRIAL SECTOR 58 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

PRESTONS DISTRIBUTION FACILITY

402 Hoxton Park Road, Prestons NSW

==> picture [188 x 132] intentionally omitted <==

The property comprises a new two-storey office building with an attached high clearance warehouse and associated hardstand storage areas. The facility is used by Automotive Holdings Group (AHG) as its head office and logistics facility for spare parts and new motor vehicle storage. The property is situated on a site of 4.4 hectares that is zoned B6 Enterprise Corridor and is located on Hoxton Park Road at Prestons some 38 kilometres south west of Sydney. The M7 Motorway on/off ramps are situated within one kilometre whilst the M5 Motorway and M7 Motorway intersection is located approximately two kilometres to the south.

Summary

Tenancy statistics
Major tenants
(GLA sqm)
Summary
Year built (or refurbished)
2016
Ownership
100%
Total GLA (sqm)
17,234
WALE (by income)
14.4 years
Occupancy
100%
AHG
17,234

ROSEHILL DISTRIBUTION CENTRE

5 Devon Street, Rosehill NSW

==> picture [188 x 132] intentionally omitted <==

A generic logistics facility situated within the established and land constrained industrial suburb of Rosehill, approximately 2.5 radial kilometres east of the Parramatta Central Business District and approximately 21 kilometres west of the Sydney Central Business District. The site of 6.3 hectares sits adjacent to the M4 Motorway and will benefit from further infrastructure upgrades to the area, including West Connex and the Parramatta Light Rail. Improvements comprise a 30,812 square metre high clearance, generic logistics facility currently leased to AB InBev (Carlton United Breweries).

Year built (or refurbished) 2007
Ownership 100%
Total GLA (sqm) 30,812
WALE (by income) 7.1 years
Occupancy 100%
Carlton United Breweries 30,812

INDUSTRIAL SECTOR 59 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

SMITHFIELD DISTRIBUTION FACILITY 15–17 Long Street, Smithfield NSW

==> picture [188 x 132] intentionally omitted <==

The property is located in the western metropolitan Sydney area of Smithfield, a short distance west of the intersection of Long Street and the Cumberland Highway. This established industrial precinct is approx. 30 kilometres west of Sydney’s CBD and 9 kilometres south of the Parramatta CBD.

The premises at 15 Long Street is leased to Northline for an 8-year term with a 5-year option. The premises at 17 Long Street is leased to Apollo Kitchens for a 11.5-year term and Axima Logistics for a 7-year term with a break clause after 5 years.

Summary
Tenancy statistics
Major tenants
(GLA sqm)
15 LONG STREET
(STAGE ONE)
17 LONG STREET
(STAGE TWO)
Year built (or refurbished)
2014
2016
Ownership
100%
100%
Total Proposed GLA (sqm)
16,516
16,952
WALE (by income)
5.7 years
5.7 years
Occupancy
100%
100%
Northline
16,516
Axima Logistics

8,594
Apollo Kitchens

8,358

WETHERILL PARK DISTRIBUTION CENTRE

300 Victoria Street, Wetherill Park NSW

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The property is located within Sydney’s western region of Wetherill Park, an established industrial precinct that benefits from excellent transportation connectivity to Sydney’s major arterial routes. The property comprises two freestanding buildings used as a warehouse and distribution facility on a total site area of 8.0 hectares.

Building 1 comprises a modern high clearance 11,090 square metre warehouse with 370 square metre ancillary office. Building 2 comprises an older style manufacturing warehouse of 27,487 square metres, with 899 square metres of associated office/showroom and mezzanine. Other improvements include two stand alone offices, store shed and gatehouses at each site entrance providing a total gross lettable area of 40,774 square metres.

Year built (or refurbished) 1975 (Building 2) / 2006 (Building 1)
Ownership 100%
Total GLA (sqm) 40,774
WALE (by income) 1.0 years
Occupancy 100%
GWA Group 40,774

INDUSTRIAL SECTOR 60 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

WORTH STREET DISTRIBUTION CENTRE 21 Worth Street, Chullora NSW

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The property comprises a 59,320 square metre land parcel improved with a freestanding office / warehouse building of 24,956 square metres. The building is configured into three tenancies ranging in size from 5,360 square metres and 13,218 square metres. The warehouse benefits from full drive around access together with high clearance (8.6 - 10.8 metres) ESFR sprinklered warehousing served by a combination of on grade roller shutter doors and recessed docks with dock levellers.

Summary

Tenancy statistics
Major tenants
(GLA sqm)
Summary
Year built (or refurbished)
1996
Ownership
100%
Total GLA (sqm)
24,956
WALE (by income)
7.0 years
Occupancy
100%
Spicers Australia
13,218
EWE Group
6,378
Primo Meats
5,360

EAST ARM PORT DISTRIBUTION FACILITY

14 Dawson Street, East Arm Darwin NT

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The site is located within the Darwin Business Park at East Arm, which is strategically located close to the Port of Darwin and is immediately adjacent to the Adelaide to Darwin rail freight terminal. The site is approximately 16 kilometres (by road) east of the Darwin CBD and is in close proximity to the Stuart Highway, whilst the Darwin Airport is approximately 10 kilometres to the north. The property is improved with two warehouse buildings and ancillary office and workshop accommodation extending to a combined gross lettable area of 10,835 square metres. A central breezeway of 4,000 square metres joins the two warehouse buildings. The facility features a flexible design and ability to subdivide and/or increase GLA, with approximately 5,200 square metres of concrete paved hardstand.

Year built (or refurbished) 2015
Ownership 100%
Total GLA (sqm) 14,835
WALE (by income) 10.1 years
Occupancy 100%
Northline Logistics 14,835

INDUSTRIAL SECTOR 61 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

BERRINBA DISTRIBUTION CENTRE 29 Forest Way, Berrinba Qld

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Situated approximately 21 radial kilometres south-east of Brisbane, Berrinba Distribution Centre, comprises a near regular shaped, 34,670 square metre site located to the south-eastern alignment of Forest Way, Berrinba.

A brand new 19,753 square metre building was completed in April 2017. Detmold has executed a heads of agreement over Warehouse 1 for 9,510 square metres on a 7‐year term commencing August 2017. Warehouse 2 remains vacant with 10,243 square metres.

Summary
Tenancy statistics
Major tenants
(GLA sqm)
Year built (or refurbished)
2017
Ownership
100%
Total GLA (sqm)
19,753
WALE (by income)
3.4 years
Occupancy
48.0%
Detmold
9,510

HEMMANT INDUSTRIAL PARK

1495–1517 Lytton Road and 80 Canberra Street, Hemmant Qld

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Hemmant Industrial Park comprises three adjacent properties with a collective land holding of 11.8 hectares located within the prime Brisbane TradeCoast and Port of Brisbane precinct.

The properties effectively represent a future redevelopment opportunity with strong holding income in addition to the high underlying land value component. The land holding is strategically situated with a high level of exposure and a 650 metre frontage to Lytton Road, being within close proximity to the on/off ramps of the Port of Brisbane Motorway.

Year built (or refurbished) 2017
Ownership 100%
Total GLA (sqm) 15,500
Usable site area (sqm) 121,496
WALE (by income) 8.1 years
Occupancy 100%
Ingham’s 13,250
Tyne Container Services 884

INDUSTRIAL SECTOR 62 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

HOLT STREET DISTRIBUTION CENTRE 180 Holt Street, Pinkenba Qld

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The property comprises a modern, freestanding warehouse facility on a 63,040 square metre lot within Pinkenba and adjacent to the Brisbane Airport and Gateway Motorway.

Originally constructed in 2000, the facility was substantially upgraded in 2015 and divided into two tenancies, each with segregated traffic flow and dedicated, secure hardstand areas.

Extensive capital upgrades have been completed onsite. A 3,000 square metre expansion to the AP Eagers tenancy was also completed in 2017.

Summary


Tenancy statistics
Major tenants
(GLA sqm)
Summary
Year built (or refurbished)
2000 (2015)
Ownership
100%
Total GLA (sqm)
20,931
WALE (by income)
4.8 years
Occupancy
100%
AP Eagers
11,555
Sandvik Mining & Construction
9,376

MAIN BEACH DISTRIBUTION CENTRE

30–56 Main Beach Road, Pinkenba Qld

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Main Beach Distribution Centre comprises two industrial sites with a total land holding of approximately 7.2 hectares. The consolidated site benefits from triple street frontages. Situated at the northern end of the established industrial suburb of Pinkenba, the site is in close proximity to Brisbane Airport, Port of Brisbane and Gateway Motorway.

The Ceva facility was completed in 2015 and lease expires in May 2025, whilst the former Arrium facility was purpose built at the end of 2009, and is now occupied by the Australian Federal Police.

Year built (or refurbished) 2009 (2015)
Ownership 100%
Total GLA (sqm) 19,738
WALE (by income) 5.4 years
Occupancy 100%
AFP 11,705
Ceva Logistics 8,033

INDUSTRIAL SECTOR 63 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

MOTORWAY INDUSTRIAL PARK (QLS)

230–238 Gilmore Road, Berrinba Qld

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The site is located in the prime industrial precinct of Berrinba approximately 21 kilometres south-east of the Brisbane CBD, 23 kilometres south of the Gateway Bridge and 28 kilometres from the Port of Brisbane.

Berrinba has become a preferred location within south eastern Queensland. This is largely due to the ease of access for truck movements from the Port of Brisbane and the Brisbane Airport via the Gateway, Pacific & Logan Motorways, which are the main link roads to Yatala, the Gold Coast and the western industrial precincts through to Ipswich and Toowoomba.

Summary

Tenancy statistics
Major tenants
(GLA sqm)
Summary
Year built (or refurbished)
Under Construction
Ownership
100%
Total GLA (sqm)
12,300
WALE (by income)
7.0 years
Occupancy
100%
QLS
12,300

PEACHEY ROAD DISTRIBUTION CENTRE

Lot 3 Peachey Road, Yatala Qld

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The property comprises a modern freestanding logistics facility with a total building area of 10,863 square metres on a 36,380 square metre lot within Yatala, approximately 40 radial kilometres south of Brisbane. The building was purpose built for Cope Sensitive Freight on a 15 year lease.

The property benefits from easy access to the Pacific Motorway, Yatala South Interchange, and four kilometres from the Pacific Motorway, Yatala North Interchange.

Year built (or refurbished) 2015
Ownership 100%
Total GLA (sqm) 10,863
WALE (by income) 13.5 years
Occupancy 100%
Cope Sensitive Freight 10,863

INDUSTRIAL SECTOR 64 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

WILLAWONG LOGISTICS FACILITY

237 Gooderham Road, Willawong Qld

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The property is situated 15 radial kilometres south of the Brisbane CBD at Willawong, an emerging industrial area that directly adjoins Acacia Ridge, one of the prime industrial locations in south east Queensland. It features easy access to major road infrastructure such as the Logan Motorway and Ipswich Motorway.

Completed in 2015 and leased for 25 years to Prixcar, the property comprises of a modern, freestanding industrial warehouse facility and substantial hardstand areas (partially hail netting) on a site area of 14.7 hectares.

Summary

Tenancy statistics
Major tenants
(GLA sqm)
Summary
Year built (or refurbished)
2015
Ownership
100%
Total GLA (sqm)
4,414
Usable site area (sqm)
100,920
WALE (by income)
22.8 years
Occupancy
100%
Prixcar
4,414

GILLMAN DISTRIBUTION CENTRE Lot 2, Grand Trunkway, Gillman SA

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The property comprises a 31,589 square metres generic distribution centre and is well located, being within close proximity to the Port of Adelaide and approximately 18 kilometres north west of Adelaide CBD. The property is a short distance from the Port River Expressway, which provides a direct link to National Highway One. The Port River Expressway is a recent extension of the Salisbury Highway linking the Port to the north of Adelaide. The property also benefits from being a short distance to interstate rail networks and easy linkages to Outer Harbour (Adelaide’s major port) and was recently refurbished to include an ESFR upgrade.

Year built (or refurbished) 1986 (2013)
Ownership 100%
Total GLA (sqm) 31,589
WALE (by income) 4.0 years
Occupancy 100%
AWH/DP World 31,589

INDUSTRIAL SECTOR 65 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

TRANSLINK DISTRIBUTION CENTRE

4–20 Translink Avenue, Launceston Tas.

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The Woolworths Distribution Centre is a state-of-the-art logistics facility located on a 19.8 hectares site which adjoins the northern end of Launceston Airport and is approximately 15 kilometres from Launceston’s CBD.

The building is energy efficient using the latest environmental controls and sustainability initiatives and also provides for significant expansion with development approval for the construction of another 25,000 square metres of warehouse accommodation.

ALEX FRASER, CLARINDA

275–315 Kingston Road, Clarinda Vic.

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Alex Fraser, Clarinda comprises a substantial land holding of 9.1 hectares and is approximately 22 kilometres south-east of the Melbourne CBD. Located within an established Special Use Zone (SUZ) precinct, the site abuts Green Wedge Zoned land (to the south of Kingston Road), but currently sits outside of the Urban Growth Boundary. The diverse range of surrounding land uses include agriculture, market gardens, education, industry, bulky goods retailing, Moorabbin Airport and outdoor recreation facilities.

With a triple net lease to Alex Fraser, the site consists of a materials recycling facility which is improved with significant bunded areas, a crushing plant, and water storage and collection uses.

Tenancy statistics
Major tenants
(GLA sqm)
Summary
Year built (or refurbished)
2012
Ownership
50.1%
Total GLA (sqm)
45,041
WALE (by income)
19.7 years
Occupancy
100%
Woolworths
45,041
Year built (or refurbished) -
Ownership 100%
Total GLA (sqm) 2,240
Usable site area (sqm) 90,500
WALE (by income) 6.9 years
Occupancy 100%
Alex Fraser Group 2,240

INDUSTRIAL SECTOR 66 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

ALEX FRASER, EPPING 455 Cooper Street, Epping Vic.

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Alex Fraser, Epping comprises a substantial land holding of some 24.2 hectares and is approximately 22 kilometres north of the Melbourne CBD. Located in a strategic logistics location, the property is well situated at the diamond interchange of the Hume Freeway with Cooper Street, directly opposite to the Melbourne Wholesale Fruit and Vegetable Market. Cooper Street is also rated for B-Double access.

With a triple net lease to Alex Fraser, the site represents a long-term income producing land holding that is currently utilised for materials recycling with minimal permanent improvements.

Summary

Tenancy statistics
Major tenants
(GLA sqm)
Summary
Year built (or refurbished)
-
Ownership
100%
Total GLA (sqm)
500
Usable site area (sqm)
242,000
WALE (by income)
12.8 years
Occupancy
100%
Alex Fraser Group
500

ALEX FRASER, LAVERTON NORTH

9–19 Alex Fraser Drive, Laverton North Vic.

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With a substanital land holding of some 34 hectares (usable site area of 30.5 hectares), the property is approximately 16 kilometres west of the Melbourne CBD and is located in a major industrial locality of Melbourne. It has excellent connectivity to major roads and infrastructure including Princes Freeway, West Gate Freeway, Western Ring Road and the Deer Park Bypass.

With a triple net lease to Alex Fraser, the site represents a long-term income producing land holding that is currently utilised for materials recycling with minimal permanent improvements. Situated within the northern portion of the site is a modern workshop, providing high clearance, clear span accommodation extending to a gross lettable area of approximately 3,800 square metres.

Year built (or refurbished) -
Ownership 100%
Total GLA (sqm) 3,800
Usable site area (sqm) 305,000
WALE (by income) 19.4 years
Occupancy 100%
Alex Fraser Group 3,800

INDUSTRIAL SECTOR 67 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

ALTONA LOGISTICS FACILITY

810–848 Kororoit Creek Road, Altona North Vic.

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The property is a 35 hectare vehicle storage, preparation and distribution facility situated within the established industrial precinct of Altona North.

The property is well located on the northern side of Kororoit Creek Road, approximately 1.5 kilometres west of a full diamond intersection with the Princes Freeway and within close proximity of Melbourne CBD, Port Melbourne, and the intersection of the West Gate Freeway and Western Ring Road.

Summary

Tenancy statistics
Major tenants
(GLA sqm)
Summary
Year built (or refurbished)
2010
Ownership
100%
Total GLA (sqm)
10,551
Usable site area (sqm)
372,300
WALE (by income)
13.9 years
Occupancy
100%
Prixcar
10,551

BOUNDARY LOGISTICS CENTRE

415–423 Boundary Road, Truganina Vic.

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Artist’s Impression
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The property is strategically situated on a high profile site at the corner of Boundary Road and Moorinna Way within the prime industrial and logistics precinct of Truganina. It is located approximately 20 kilometres west of the Melbourne CBD and within three kilometres of the Princes Freeway, West Gate Freeway and Western Ring Road.

Upon completion in late 2017 the property will comprise a showroom/office and heavy vehicle dealership, workshop and warehouse facility purpose built for AHG on a 6.8 hectare site. The facility will have a GLA of 10,422 square metres and comprises parts storage, heavy vehicle facilities, showroom/office and external concrete sealed display and storage areas.

Year built (or refurbished) Under Construction
Ownership 100%
Total GLA (sqm) 10,422
WALE (by income) 15.0 years
Occupancy 100%
AHG 10,422

INDUSTRIAL SECTOR 68 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

DANDENONG DISTRIBUTION CENTRE

225 Glasscocks Road, Dandenong South Vic.

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Artist’s Impression
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Currently under construction the property will comprise a state of the art distribution facility of 70,431 square metres being purpose built for Woolworths Limited. The facility will incorporate some elements of high bay, fully automated warehousing space with corporate offices and extensive hardstand areas.

From practical completion in early 2018 Woolworths will commence a 20 year lease. The facility has a site area of 15.9 hectares and is situated in Dandenong South, some 35 kilometres south-east of the Melbourne CBD and is within three kilometres of the Western Port Tollroad and Eastlink Motorway.

Summary

Tenancy statistics
Major tenants
(GLA sqm)
Summary
Year built (or refurbished)
Under Construction
Ownership
48%
Total GLA (sqm)
70,431
WALE (by income)
20.0 years
Occupancy
100%
Woolworths
70,431

DISCOVERY INDUSTRIAL ESTATE

Discovery Road, Dandenong South Vic.

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Discovery Industrial Estate comprises three recently constructed freestanding industrial office/warehouse buildings with a collective gross lettable area of 71,814 square metres. The buildings are separated into five tenancies with individual tenancies sizes of 6,109 square metres – 24,060 square metres. Tenants include ITW Proline, UPM Raflatac, Gale Pacific, Sokol Designer Furniture and BJ Ball Papers.

The subject site is located on the eastern side of Discovery Drive, south of Jayco Drive and north of Glasscocks Road at Dandenong South. The Eastlink is approximately 2.7 kilometres east of the property and the South Gippsland Highway and Westernport Highway are 2.6 kilometres north-east of the site.

Year built (or refurbished) 2014
Ownership 100%
Total GLA (sqm) 71,814
WALE (by income) 5.7 years
Occupancy 100%
BJ Ball 24,059
Illinois Tool Works 21,657
Gale Pacific 11,339

INDUSTRIAL SECTOR 69 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

FITZGERALD ROAD DISTRIBUTION CENTRE 63–83 Fitzgerald Road, Laverton Vic.

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The Fitzgerald Road Distribution Centre comprises a substantial land holding of some 24.2 hectares, which fronts the western side of Fitzgerald Road, with excellent connectivity to major roads and key infrastructure and approximately one kilometre from Leakes Road and Princes Freeway interchange.

With a triple net lease to Metcash Trading Limited, the centre consists of four large freestanding distribution facilities, which provide both ambient and temperature controlled warehouse accommodation. The buildings vary in size between 11,800 square metres and 50,000 square metres and incorporate various ancillary areas including offices, battery charge rooms and workshop areas.

Summary

Tenancy statistics
Major tenants
(GLA sqm)
Summary
Year built (or refurbished)
1987 (2009)
Ownership
100%
Total GLA (sqm)
90,370
WALE (by income)
3.8 years
Occupancy
100%
Metcash
90,370

LAVERTON LOGISTICS CENTRE

32–58 William Angliss Drive, Laverton Vic.

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The property comprises a modern, flexible logistics facility situated in a core industrial precinct in the west of Melbourne. The property features dual street frontage to William Angliss Drive, approximately one kilometre west of Fitzgerald Road within the western industrial suburb of Laverton North.

The centre is arranged over three buildings and four tenancies extending to a combined gross lettable area of approximately 46,218 square metres situated upon a 10.4 hectare land parcel.

The site cover is approximately 45% with potential expansion land of some 4,000 square metres.

Year built (or refurbished) 2004–2005
Ownership 100%
Total GLA (sqm) 46,218
WALE (by income) 1.0 years
Occupancy 47.9%
Fastline International 24,662
Kimberly-Clark 16,777

INDUSTRIAL SECTOR 70 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

PARKWEST INDUSTRIAL ESTATE Parkwest Drive, Derrimut Vic.

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The ParkWest Industrial Estate is one of Melbourne’s premium logistics estates. It is conveniently located adjacent to the Western Ring Road in Melbourne’s prime Western industrial precinct, providing convenient access to Melbourne’s major arterial roads including the West Gate Freeway and Princes Freeway.

This master planned estate features generic logistics facilities with high clearance warehousing, corporate grade offices, generous hardstand areas and B Double access. Additionally the estate provides a café with outdoor seating together with landscaping and lighting to all internal estate roads.

Summary

Tenancy statistics
Major tenants
(GLA sqm)
Summary
Year built (or refurbished)
2000–2016
Ownership
100%
Total GLA (sqm)
97,129
WALE (by income)
6.8 years
Occupancy
100%
Abaris
37,767
Manassen Foods
11,105
Effective Logistics
12,643

SOMERTON LOGISTICS CENTRE

Somerton Vic.

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A landmark logistics estate in the north of Melbourne, the Somerton Logistics Centre comprises nine freestanding buildings separated into 11 tenancies, anchored by well known tenant customers such as Chemist Warehouse, Mazda Australia and VISY. The estate provides a highly generic, office and warehouse logistics estate of 128,024 square metres with 3.5% office content and is situated on a site area of 21.7 hectares with nine separate titles providing asset flexibility and the ability to sell down part/s of the estate.

Somerton is a prime industrial and logistics precinct, located approximately 30 kilometres north of the Melbourne CBD, 17 kilometres north east of Tullamarine Airport and 34 kilometres north of the Port of Melbourne.

Year built (or refurbished) 2008
Ownership 100%
Total GLA (sqm) 128,024
WALE (by income) 4.2 years
Occupancy 100%
Chemist Warehouse 39,003
Visy Logistics Pty Ltd 28,321

INDUSTRIAL SECTOR 71 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

TRUGANINA DISTRIBUTION FACILITY 485 Dohertys Road, Truganina Vic.

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The property provides a state-of-the-art logistics facility that is subject to a long term lease with strong fixed annual income growth of 3.5% p.a. The Lessee is Australia’s market leading supermarket operator, Coles Group Limited, a wholly owned subsidiary of Wesfarmers Limited, an ASX top 20 company with a market capitalisation of over $45 billion. The facility features 10–13.5 metre high clearance warehouse areas, an office content of 5.7% and large 35 metre awnings.

CANNING VALE DISTRIBUTION CENTRE

2 Bannister Road, Canning Vale WA

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The property comprises a 16.8 hectares high profile corner site with an 76,376 square metres of generic high clearance warehouse and office facility. Located in Canning Vale which is a sought after logistics precinct, and situated approximately 14 kilometres southeast of the Perth Central Business District.

Bannister Road is the major thoroughfare through Canning Vale connecting directly with South Street and Nicholson Roads, which are both entry/exit ramps to Roe Highway.

Truganina Distribution Facility Centre is located on a site of 15.9 hectares within the prime logistics precinct of Truganina, just 19 kilometres west of the Melbourne CBD. The property also provides future expansion land of approximately 1.7 hectares allowing potential for a further 10,000 square metres of GLA.

Summary

Tenancy statistics
Major tenants
(GLA sqm)
Summary
Year built (or refurbished)
2012
Ownership
50%
Total GLA (sqm)
69,074
WALE (by income)
14.9 years
Occupancy
100%
Coles Group Limited
69,074
Year built (or refurbished) 1982 (2001)
Ownership 100%
Total GLA (sqm) 76,376
WALE (by income) 3.3 years
Occupancy 56.6%
AHG 16,669
IKEA 14,220

INDUSTRIAL SECTOR 72 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

CANNING VALE LOGISTICS CENTRE

38 Bannister Road, Canning Vale WA

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The property comprises an industrial complex situated on a 3.29 hectare site and, together with 2 Bannister Road, provides a strategic land holding of 19.5 hectares. The original improvements were constructed in 1984 and subsequently expanded in 2001 with modern warehouse accommodation, extending to a gross lettable area of 12,854 square metres. Canning Vale is regarded as the prime industrial precinct in WA, situated approximately 14 kilometres south east of the Perth CBD. The property is in close proximity to Roe Highway, which connects Canning Vale with the eastern industrial suburbs of Welshpool, Kewdale and Forrestfield.

Tenancy statistics
Summary
Year built (or refurbished)
1984 (2001)
Ownership
100%
Total GLA (sqm)
12,854
WALE (by income)
0.0 years
Occupancy
0.0%

Major tenants (GLA sqm)

KEWDALE DISTRIBUTION CENTRE

123–135 Kewdale Road, Kewdale WA

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The property is located approximately eight kilometres south of the Perth CBD, one kilometre south of Perth Airport and adjoins the Kewdale Freight Terminal. It is a proven transport and distribution location, and is in close proximity to the Leach, Tonkin and Roe Highways.

The 4.5 hectares site contains a former Woolworths distribution centre, comprising approximately 2,071 square metres of office and 26,947 square metres of warehouse space. The facility provides complete drive around and B-double access, in addition to both on-grade and dock access.

Year built (or refurbished) 2007
Ownership 100%
Total GLA (sqm) 29,018
WALE (by income) 2.6 years
Occupancy 72.4%
Coles Myer 12,585
Woolworths 2,071

INDUSTRIAL SECTOR 73 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

STOCKYARDS INDUSTRIAL ESTATE

Stockyards Lane, Hazlemere WA

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The property comprises a state of art freehold industrial estate comprising modern offices, associated warehouses and hardstand occupied by four separate tenants being Toll IPEC, Penske, Coca Cola Amatil (CCA) and Linfox.

There is extensive expansion land for potential use of CCA. The development is relatively new and offers excellent quality industrial accommodation in the Perth market. Completion dates were circa 2009 to 2012. The industrial estate has a total gross lettable area of 87,617 square metres with expansion land and hardstand/expansion land areas of a further 65,379 square metres.

Tenancy statistics
Major tenants
(GLA sqm)
Summary
Year built (or refurbished)
2009-2012
Ownership
50%
Total GLA (sqm)
87,617
WALE (by income)
7.4 years
Occupancy
100%
Coca Cola
41,579
Linfox
19,810
Toll IPEC
16,405

WELSHPOOL DISTRIBUTION CENTRE

103 Welshpool Road, Welshpool WA

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The subject site is located approximately four kilometres north of the Cannington Town Centre and 850 metres from Welshpool Train Station. The site is situated in the core and very tightly held Welshpool Industrial area.

It has a site area of 3.2 hectares and is located on a major intersection with prominent exposure and frontage to the Leach Highway and Welshpool Road. It was acquired in 2014 with a new 10 year, triple net lease to Milne Feeds (part of the Milne Agrigroup) comprising fixed annual reviews of 3.5% and offers a number of future development options.

Year built (or refurbished) 1984
Ownership 100%
Total GLA (sqm) 5,247
Usable site area (sqm) 31,991
WALE (by income) 6.8 years
Occupancy 100%
Milne Agrigroup 5,247

INDUSTRIAL SECTOR 74 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

Summary

CHULLORA LOGISTICS PARK (LAND) 2 Hume Highway, Chullora NSW

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Artist’s Impression
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Chullora Logistics Park is located in one of Australia’s most highly sought after industrial precincts. The estate is situated 17 kilometres west of the Sydney CBD, offering efficient access to both the M4 and M5 Motorways and is also in close proximity to the pacific National Rail Terminal and Enfield Intermodal Terminal.

A HoA has been signed with Rittal for 4,200 square metres on a 10 year lease over part of Building 1, with the development application currently being prepared. A development application is also being prepared for Building 4, for a potential speculative development of this final 12,000 square metre facility which can be leased to two occupiers.

Year built (or refurbished) Development Site
Ownership 100%
Total Proposed GLA (sqm) 21,000

M5/M7 LOGISTICS PARK (LAND)

290 Kurrajong Road, Prestons NSW

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Artist’s Impression
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The property comprises the balance of the M5/M7 Logistics Park and incorporates a vacant, rectangular shaped site of 5.4 hectares that features dual street frontage to Kurrajong Road and Yato Road.

Situated in a premium south western Sydney logistics precinct in Prestons, within 35 kilometres of Port Botany. The park is well serviced by direct access to the M7 and M5 Motorways, Hume Highway and the approved development of the intermodal at Moorebank.

The park has capacity for a further 27,000 square metres and an early works development application has been lodged.

Year built (or refurbished) Development Site
Ownership 100%
Total Proposed GLA (sqm) 27,000

INDUSTRIAL SECTOR 75 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

Summary

HUNTINGWOOD LOGISTICS PARK (LAND)

30 Huntingwood Drive, Huntingwood NSW

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30 Huntingwood Drive is situated in one of Sydney’s premium industrial locations in a market filled by many of the largest corporate industrial occupiers.

The property comprises 5.6 hectares of industrial-zoned land benefited by expansive frontage to the great Western Highway, Huntingwood Drive and the M4 Motorway.

Occupiers have a great opportunity to secure high profile premises, tailored to their needs with flexibility in design and specification.

Year built (or refurbished) Development Site
Ownership 100%
Total Proposed GLA (sqm) 32,500

MOTORWAY INDUSTRIAL PARK

230–238 Gilmore Road, Berrinba Qld

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The site is located in the prime industrial precinct of Berrinba approximately 21 kilometres south-east of the Brisbane CBD, 23 kilometres south of the Gateway Bridge and 28 kilometres from the Port of Brisbane.

Berrinba has become a preferred location over several other older established industrial areas such as Acacia Ridge and Richlands largely due to the ease of access for truck movements from the Port of Brisbane and the Brisbane Airport via the Gateway, Pacific & Logan Motorways which are the main link roads to Yatala, the Gold Coast and the western industrial precincts through to Ipswich and Toowoomba.

Year built (or refurbished) Development Site
Ownership 100%
Total Proposed GLA (sqm) 40,000

INDUSTRIAL SECTOR 76 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

Summary

SHERBROOKE INDUSTRIAL PARK 450 Sherbrooke Road, Willawong Qld

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The property comprises a 6 hectare site and is situated in the established Brisbane southern suburb of Willawong, approximately 17 kilometres by road from the Brisbane Central Business District and three kilometres from the Acacia Ridge precinct.

The industrial area of Willawong is an emerging logistics precinct with some large (5.0 hectares plus) vacant sites available that is expected to become popular with transport and logistics users as infrastructure upgrades take place and industrial land along the Logan Motorway is developed over the next five years.

Year built (or refurbished) Development Site
Ownership 100%
Total Proposed GLA (sqm) 30,000

TRADECOAST INDUSTRIAL PARK

200 Holt Street, Pinkenba Qld

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The property comprises a 42,000 square metres site that is situated in the Eagle Farm/Pinkenba industrial precinct, one of the most tightly held industrial locations in Brisbane that is sought after by industrial/commercial users given its unparalleled access to the Gateway Arterial Network, Airport and Port.

The property is one of the last remaining large freehold industrial development sites in the precinct, with drive around access from dual entry/exit points.

A development application has been obtained for construction of two buildings over a total of 17,500 square metres, with the ability to be split into four tenancies.

Year built (or refurbished) Development Site
Ownership 100%
Total Proposed GLA (sqm) 17,500

INDUSTRIAL SECTOR 77 FUND

CHARTER HALL PROPERTY PORTFOLIO

Berrinba Distribution Centre, Berrinba Qld

INDUSTRIAL SECTOR 78 CORE LOGISTICS PARTNERSHIP

CHARTER HALL PROPERTY PORTFOLIO

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CORE LOGISTICS Gepps Cross Distribution Centre, SA
PARTNERSHIP
Core Logistics Partnership (CLP) was established in December 2012 with
the investment strategy of acquiring a portfolio of institutional quality industrial
logistics property assets in Australia.
TOP 10 TENANTS ANNUAL LEASE EXPIRY
BY GROSS INCOME GROSS INCOME
Woolworths Vacant
12.3% 0.06%
Inghams FY18
7.7% 3.69%
Target FY19
6.2% 5.69%
Peters Ice Cream FY20
6.0% 3.52%
Orora FY21
5.4% 3.44%
Schneider Electric Pty Ltd FY22
5.3% 7.34%
DHL Supply Chain FY23
5.2% 5.89%
Centurion Transport FY24
4.7% 7.56%
Linfox FY25+
4.4% 62.80%
Fastline Logistics
3.7%
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INDUSTRIAL SECTOR 79 CORE LOGISTICS PARTNERSHIP

CHARTER HALL PROPERTY PORTFOLIO

GEOGRAPHICAL DIVERSIFICATION BY CURRENT VALUE

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4.1%
7.9%
6.5%
15.6%
55.3%
10.7%
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New South Wales Victoria Queensland Western Australia South Australia Tasmania

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Truganina Logistics Park Vic.
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Summary
Tenancy statistics
Number of properties
23
Number of tenancies
44
Total GLA (sqm)
701,759
WALE (by income)
9.6 years
Occupancy
100%

INDUSTRIAL SECTOR 80 CORE LOGISTICS PARTNERSHIP

CHARTER HALL PROPERTY PORTFOLIO

PROPERTY PORTFOLIO

$1,334.3

TOTAL VALUE OF PORTFOLIO (A$M)

6.33%

WEIGHTED AVERAGE CAPITALISATION RATE (WACR)

CLP
OWNERSHIP
(%)
WALE
(YEARS)
WEIGHTED
AVG RENT
REVIEWS (%)
Chullora Distribution Facility NSW
100%
6.9
3.5%
Smithfield Logistics Centre NSW
100%
1.6
3.5%
Yennora Distribution Facility NSW
100%
5.5
3.0%
Cascade Distribution Centre,
Connectwest Industrial Park Qld
100%
8.0
3.0%
Murarrie Distribution Centre Qld
100%
17.3
3.0%
Edinburgh Parks Distribution Centre SA
50%
22.4
3.0%
Gepps Cross Distribution Centre SA
100%
6.1
3.0%
Translink Distribution Centre Tas.
49.9%
19.7
2.8%
Courier Please Distribution Centre Vic.
100%
7.0
3.0%
Laverton Cold Storage Distribution Centre,
Drystone Estate Vic.
100%
15.0
3.2%
Mulgrave Distribution Facility Vic.
100%
16.5
3.5%
ParkWest Industrial Park Vic.
100%
4.3
3.2%
Rand Distribution Centre Vic.
100%
4.4
3.2%
Reject Shop Distribution Centre,
Drystone Estate Vic.
100%
9.3
3.0%
CLP
OWNERSHIP
(%)
WALE
(YEARS)
WEIGHTED
AVG RENT
REVIEWS (%)
Scoresby Distribution Centre Vic.
100%
7.2
3.0%
Target Distribution Centre,
Drystone Estate Vic.
100%
9.5
2.7%
Truganina Logistics Park Vic.
100%
0.3
0.8%
Woolworths Distribution Centre,
Drystone Estate Vic.
100%
18.1
2.8%
Stockyards Industrial Estate WA
50%
7.4
2.9%
Hazelmere Distribution Centre WA
100%
15.8
3.0%
Welshpool Industrial Centre WA
100%
9.4
3.5%
Drystone Estate Vic. (land)
100%
-
-
Connectwest Industrial Park Qld (land)
100%
-
-
TOTAL/WEIGHTED AVERAGE
9.6
3.0%

INDUSTRIAL SECTOR 81 DIRECT INDUSTRIAL FUND NO.2

CHARTER HALL PROPERTY PORTFOLIO

DIRECT INDUSTRIAL FUND NO.2

Campbelltown Distribution Centre, Campbelltown NSW

Direct Industrial Fund No.2 (DIF2) was established in December 2012 following the success in closing the first Charter Hall Direct Industrial Fund. DIF2 is an unlisted property fund invested in a diversified portfolio of prime Australian industrial property assets.

TOP 6 TENANTS

BY GROSS INCOME

Coles 30.1% Arrium 18.2% Ingham’s 17.2% Grace 8.4% Australia Post 3.9% Rondo 2.8%

ANNUAL LEASE EXPIRY GROSS INCOME

Vacant 0.0% FY18 0.0% FY19 0.0% FY20 0.0% FY21 0.0% FY22 0.0% FY23 0.0% FY24 14.1% FY25+ 85.9%

INDUSTRIAL SECTOR 82 DIRECT INDUSTRIAL FUND NO.2

CHARTER HALL PROPERTY PORTFOLIO

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GEOGRAPHICAL DIVERSIFICATION BY CURRENT VALUE

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14.9%
27.1%
32.0% 17.3%
8.7%
New South Wales
Victoria
Queensland
Western Australia
South Australia
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INDUSTRIAL SECTOR 83 DIRECT INDUSTRIAL FUND NO.2

CHARTER HALL PROPERTY PORTFOLIO

PROPERTY PORTFOLIO

ORTFOLIO
DIF2 WALE WEIGHTED AVG
OWNERSHIP (%) (YEARS) RENT REVIEWS (%)
St Marys Logistics Facility, St Marys NSW 100% 6.2 3.3%
Campbelltown Distribution Centre, Campbelltown NSW 100% 9.0 3.2%
Ingleburn Distribution Centre, Ingleburn NSW 100% 17.4 3.0%
Cleveland Distribution Centre, Cleveland Qld 100% 19.4 3.0%
Coles Distribution Centre, Adelaide SA 24% 9.6 2.8%
Rondo Facility, Dandenong South, Vic. 100% 6.4 3.2%
Rowville Distribution Centre, Rowville Vic. 100% 10.9 3.3%
Thomastown Distribution Centre, Thomastown Vic. 100% 17.4 3.0%
Coles Distribution Centre, Perth WA 25% 10.9 2.8%
Bibra Lake Distribution Centre, Bibra Lake WA 100% 8.2 3.3%
TOTAL/WEIGHTED AVERAGE 11.1 3.0%

$266.3

TOTAL VALUE OF PORTFOLIO (A$M)

6.65%

WEIGHTED AVERAGE CAPITALISATION RATE (WACR)

Coles Distribution Centre, Adelaide SA

INDUSTRIAL SECTOR 84 DIRECT INDUSTRIAL FUND NO.2

CHARTER HALL PROPERTY PORTFOLIO

ST MARYS LOGISTICS FACILITY 10–38 Forrester Road, St Marys NSW

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This high clearance warehouse with a two-storey office component, hardstand and secure parking is situated on 6.2 hectares. The facility manufactures steel products for major infrastructure projects.

The facility is 45 kilometres west of Sydney CBD and well connected to M4 Motorway.

Summary

Tenancy statistics
Major tenants
(GLA sqm)
Summary
Year built (or refurbished)
1999
Ownership
100%
Total GLA (sqm)
18,418
WALE (by income)
6.2 years
Occupancy
100%
Arrium
18,418

CAMPBELLTOWN DISTRIBUTION CENTRE

6 Hepher Road, Campbelltown NSW

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Located in Campbelltown, 42 kilometres south west of Sydney CBD. The facility was purpose built for Grace Worldwide Group, Australasia’s largest records management, removals and storage company.

The centre includes office and car parking with a 13.5 metre high clearance 17,765 square metre warehouse, on a total land area of 5.5 hectares.

Year built (or refurbished) 1999 (2014)
Ownership 100%
Total GLA (sqm) 17,766
WALE (by income) 9.0 years
Occupancy 100%
Grace Worldwide Group 17,766

INDUSTRIAL SECTOR 85 DIRECT INDUSTRIAL FUND NO.2

CHARTER HALL PROPERTY PORTFOLIO

INGLEBURN DISTRIBUTION CENTRE

6 Benson Road, Ingleburn NSW

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The property is a food processing plant, comprising a low clearance production office/warehouse facility of 7,748 square metres constructed in the 1980s with subsequent modifications and improvements made. The site area is 2.9 hectares with a site coverage of 26.5%.

CLEVELAND DISTRIBUTION CENTRE

24–30 Enterprise Street, Cleveland Qld

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24–30 Enterprise St, Cleveland comprises a 2.1 hectare allotment improved by a purpose-built, temperature controlled food processing building that was constructed in 1985, with sections rebuilt in 1993.

The property is under a long-term lease to Ingham’s.

The facility is located within 50 radial kilometres south-west of Sydney CBD.

Summary

Tenancy statistics
Major tenants
(GLA sqm)
Summary
Year built (or refurbished)
1980
Ownership
100%
Total GLA (sqm)
7,748
WALE (by income)
17.4 years
Occupancy
100%
Ingham’s
7,748
Year built (or refurbished) 1985 (1993)
Ownership 100%
Total GLA (sqm) 8,942
WALE (by income) 19.4 years
Occupancy 100%
Ingham’s 8,942

INDUSTRIAL SECTOR 86 DIRECT INDUSTRIAL FUND NO.2

CHARTER HALL PROPERTY PORTFOLIO

COLES DISTRIBUTION CENTRE

2 Sturton Road, Adelaide SA

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The Coles Distribution Centre in South Australia comprises a modern distribution centre of 67,947 square metres which was purpose built for Coles in 2008. The property is fully leased to Coles until February 2027 with a further five by five year option periods.

The property is located within Edinburgh Parks Industrial Estate, an established industrial area with excellent surrounding transport access routes and high profile tenants.

Summary

Tenancy statistics
Major tenants
(GLA sqm)
Summary
Year built (or refurbished)
2008
Ownership
25%
Total GLA (sqm)
67,947
WALE (by income)
9.6 years
Occupancy
100%
Coles Group Limited
67,947

RONDO FACILITY

1 Columbia Court, Dandenong South Vic.

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The property is situated to the southern section of Power Park Industrial Estate. The site is located on the corner of Discovery Road and Columbia (Estate) Court and has return frontage to Glasscocks Road. Practical completion of a modern and conventional office warehouse building of 6,500 square metres was achieved in December 2016. The building features segregated truck‐marshalling areas, along with 2,200 square metres of canopies.

Year built (or refurbished) 2016
Ownership 100%
Total GLA (sqm) 6,509
WALE (by income) 6.4 years
Occupancy 100%
Rondo 6,509

INDUSTRIAL SECTOR 87 DIRECT INDUSTRIAL FUND NO.2

CHARTER HALL PROPERTY PORTFOLIO

ROWVILLE DISTRIBUTION CENTRE

15–21 Enterprise Drive, Rowville Vic.

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This high-quality prime-grade industrial facility is located in Rowville, some 25 kilometres south-east of the Melbourne CBD The property is fully occupied by Australia Post.

Tenancy statistics
Major tenants
(GLA sqm)
Summary
Year built (or refurbished)
2013
Ownership
100%
Total GLA (sqm)
6,477
WALE (by income)
10.9 years
Occupancy
100%
Australia Post
6,477

THOMASTOWN DISTRIBUTION CENTRE

311 Settlement Road, Thomastown Vic.

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The property is improved with a food processing plant of 9,063 square metres originally constructed in 1981 with additions constructed in 2006. The facility comprises an office and amenities component of 647 square metres, a main food processing plant of 7,089 square metres and associated temperature controlled stores. Other improvements include a dry goods store, workshop, sprinkler pump house, Manager’s residence and water treatment plant. There is extensive concrete hardstand surrounding the improvements on the 2.9 hectare site. The property is currently utilised as a food manufacturing and processing facility.

Year built (or refurbished) 1981 (2006)
Ownership 100%
Total GLA (sqm) 9,063
WALE (by income) 17.4 years
Occupancy 100%
Ingham’s 9,063

INDUSTRIAL SECTOR 88 DIRECT INDUSTRIAL FUND NO.2

CHARTER HALL PROPERTY PORTFOLIO

COLES DISTRIBUTION CENTRE 136 Horrie Miller Drive, Perth WA

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The property is a logistics facility with a GLA of 81,647 square metres purpose built for Coles and is located on a 25.0 hectare site strategically situated within Perth Airport, 10 kilometres east of the Perth CBD.

BIBRA LAKE DISTRIBUTION CENTRE

1 Howson Way, Bibra Lake WA

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This industrial facility includes office and hardstand storage areas and is situated on a site of 4.2 hectares. Just 18 kilometres south of Perth CBD, in an established precinct.

Perth Airport is one of the major logistics hubs in Western Australia, with tenants including Woolworths, Toll, Electrolux and Linfox. The facility comprises a combination of ambient, temperature controlled and freezer facilities together with an administration office and amenities. The property operates as a regional distribution centre for Coles servicing the whole of Western Australia from this location.

Summary

Tenancy statistics
Major tenants
(GLA sqm)
Summary
Year built (or refurbished)
2008
Ownership
25%
Total GLA (sqm)
81,647
WALE (by income)
10.9 years
Occupancy
100%
Coles Group Limited
81,647
Year built (or refurbished) 1987
Ownership 100%
Total GLA (sqm) 15,698
WALE (by income) 8.2 years
Occupancy 100%
Arrium 15,698

INDUSTRIAL SECTOR 89 DIRECT INDUSTRIAL FUND NO.3

CHARTER HALL PROPERTY PORTFOLIO

DIRECT INDUSTRIAL FUND NO.3

Coles Distribution Centre WA

Direct Industrial Fund No.3 (DIF3) was established in September 2014 and is an unlisted property fund invested in a diversified portfolio of quality Australian industrial property assets.

TOP 8 TENANTS

BY GROSS INCOME

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Coles 32.8% Bradken Resources 15.1% Woolworths 12.0% Wild Breads Pty Ltd 10.4% Cospak 7.4% Loscam Australia Pty Ltd 7.4% SCT Logistics 6.5% Kingston Industries (Tutt Bryant) 4.8%

ANNUAL LEASE EXPIRY GROSS INCOME

Vacant 0.0% FY18 0.0% FY19 0.0% FY20 0.0% FY21 5.0% FY22 0.0% FY23 0.0% FY24 1.7% FY25+ 93.3%

INDUSTRIAL SECTOR 90 DIRECT INDUSTRIAL FUND NO.3

CHARTER HALL PROPERTY PORTFOLIO

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GEOGRAPHICAL DIVERSIFICATION BY CURRENT VALUE

12.7% 24.4% 18.8% 32.1% 12.0% New South Wales Victoria Queensland Western Australia South Australia

INDUSTRIAL SECTOR 91 DIRECT INDUSTRIAL FUND NO.3

CHARTER HALL PROPERTY PORTFOLIO

PROPERTY PORTFOLIO

2637 Ipswich Road, Darra Qld

$309.91
TOTAL VALUE
OF PORTFOLIO (A$M)
6.45%
WEIGHTED AVERAGE
CAPITALISATION RATE
(WACR)
DIF3
OWNERSHIP (%)
WALE
(YEARS)
WEIGHTED AVG
RENT REVIEWS (%)
1 Culverston & 21 Huntsmore Roads, Minto NSW
100%
10.1
2.3%
34–42 Tyrone Place, Erskine Park NSW
100%
3.0
3.5%
54 Tyrone Place, Erskine Park NSW
100%
13.5
3.1%
45 Kiln, Darra Qld
100%
18.5
3.5%
Coles Distribution Centre, Adelaide SA
24%
9.6
2.8%
Dandenong Distribution Centre, Dandenong South Vic.1
26%
20.0
2.8%
Bassendean Industrial Estate, Bassendean WA
100%
13.0
3.3%
Coles Distribution Centre, Perth WA
25%
10.9
2.8%
TOTAL/WEIGHTED AVERAGE
13.1
3.0%
  1. Includes development assets at “as if complete” value.

INDUSTRIAL SECTOR 92 DIRECT INDUSTRIAL FUND NO.3

CHARTER HALL PROPERTY PORTFOLIO

1 CULVERSTON & 21 HUNTSMORE ROADS

Minto NSW

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Located 40 kilometres west of the Sydney CBD in a tightly held industrial market, this property consists of two freestanding warehouse and office buildings that is easily accessible from the Hume Motorway. The Culverston Road premises comprises a large freestanding office and warehouse facility with a GLA totalling 11,428 square metres constructed in 2002. The Huntsmore Rd premises comprise two industrial office and warehouse facilities with a GLA totalling 3,915 square metres.

Tenancy statistics
Major tenants
(GLA sqm)
Summary
Year built (or refurbished)
2002
Ownership
100%
Total GLA (sqm)
15,343
WALE (by income)
10.1 years
Occupancy
100%
Cospak
15,343

34–42 TYRONE PLACE

Erskine Park NSW

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Comprising a modern industrial facility providing high clearance warehousing, and associated offices and staff amenities over two levels and on-grade parking for 53 cars. The property features a large awning with high clearance and hardstand area. The property was developed in 2015. Leased to a privately owned Australian logistics company. The property is located in Erskine Park, a prime industrial location with convenient access to both the M4 and M7 Motorways and the Great Western Highway.

Year built (or refurbished) 2015
Ownership 100%
Total GLA (sqm) 4,570
WALE (by income) 3.0 years
Occupancy 100%
SCT Logistics 4,570

INDUSTRIAL SECTOR 93 DIRECT INDUSTRIAL FUND NO.3

CHARTER HALL PROPERTY PORTFOLIO

54 TYRONE PLACE

Erskine Park NSW

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The property is located at the end of a cul-de-sac within the established industrial Hub at Erskine Park. Works have commenced and are expected to complete in Q3 2017. On completion, the property will comprise two new warehouses with associated offices, container rated hardstands and parking. Both facilities have pre-lease commitments to Loscam Australia and Tutt Bryant.

Summary

Tenancy statistics
Major tenants
(GLA sqm)
Summary
Year built (or refurbished)
2017 (expected)
Ownership
100%
Total GLA (sqm)
6,850
WALE (by income)
13.5 years
Occupancy
100%
Loscam
6,000
Tutt Bryant
850

45 KILN STREET

Darra Qld

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This recently completed, purpose built cold storage facility provides freezer, chiller, air conditioned and ambient warehouse accommodation in addition to a single level office. The generic shaped building, constructed on a 2.9 hectare land parcel, has full drive around access and segregated truck and vehicle access.

The property is situated in Darra, which is an established industrial precinct in close proximity to the Ipswich and Centenary Motorways, and located approximately 18 kilometres south west of Brisbane.

Year built (or refurbished) 2015
Ownership 100%
Total GLA (sqm) 12,348
WALE (by income) 18.5 years
Occupancy 100%
Wild Breads Pty Ltd 12,348

INDUSTRIAL SECTOR 94 DIRECT INDUSTRIAL FUND NO.3

CHARTER HALL PROPERTY PORTFOLIO

COLES DISTRIBUTION CENTRE

2 Sturton Road, Adelaide SA

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The Coles Distribution Centre in South Australia comprises a modern distribution centre of 67,944 square metres which was purpose built for Coles in 2007. The property is fully leased to Coles until February 2027 with a further five by five year option periods.

The property is located within Edinburgh Parks Industrial Estate, an established industrial area with excellent surrounding transport access routes and high profile tenants.

Summary

Tenancy statistics
Major tenants
(GLA sqm)
Summary
Year built (or refurbished)
2007
Ownership
24%
Total GLA (sqm)
67,944
WALE (by income)
9.6 years
Occupancy
100%
Coles Group Limited
67,944

DANDENONG DISTRIBUTION CENTRE

225 Glasscocks Road, Dandenong South Vic.

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Artist’s Impression
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Currently under construction the property will comprise a state of the art distribution facility being purpose built for Woolworths Limited. The facility will incorporate some elements of high bay, fully automated warehousing space with corporate offices and extensive hardstand areas.

From practical completion in early 2018 Woolworths will commence a 20 year lease. The facility has a site area of 15.9 hectares and is situated in Dandenong South, some 35 kilometres south-east of the Melbourne CBD and is within three kilometres of the Western Port Tollroad and Eastlink Motorway.

Year built (or refurbished) 2018 (expected)
Ownership 26%
Total GLA (sqm) 70,431
WALE (by income) 20.0 years
Occupancy 100%
Woolworths 70,431

INDUSTRIAL SECTOR 95 DIRECT INDUSTRIAL FUND NO.3

CHARTER HALL PROPERTY PORTFOLIO

BASSENDEAN INDUSTRIAL ESTATE

170 Railway Parade, Bassendean WA

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The property benefits from its corner location and extensive frontages to Railway Parade and Wood Street.

Improvement to the estate comprise of a two level office building at the corner of Railway Parade and Wood Street, a basic single level office/change room, and a medium “L” shaped warehouse at the north-eastern end of the Railway Parade frontage.

Summary

Tenancy statistics
Major tenants
(GLA sqm)
Summary
Year built (or refurbished)
1950s (2000s)
Ownership
100%
Total GLA (sqm)
31,704
WALE (by income)
13.0 years
Occupancy
100%
Bradken Resources
31,704

COLES DISTRIBUTION CENTRE

136 Horrie Miller Drive, Perth WA

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The property is a logistics facility with a GLA of 81,647 square metres purpose built for Coles and is located on a 25.0 hectare site strategically situated within Perth Airport, 10 kilometres east of the Perth CBD.

Perth Airport is one of the major logistics hubs in Western Australia, with tenants including Woolworths, Toll, Electrolux and Linfox. The facility comprises a combination of ambient, temperature controlled and freezer facilities together with an administration office and amenities. The property operates as a regional distribution centre for Coles servicing the whole of Western Australia from this location.

Year built (or refurbished) 2008
Ownership 25%
Total GLA (sqm) 81,647
WALE (by income) 10.9 years
Occupancy 100%
Coles Group Limited 81,647

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CHARTER HALL 96
PROPERTY PORTFOLIO
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Coles Distribution Centre, 2 Sturton Road, Adelaide SA

INDUSTRIAL SECTOR 97 DIRECT INDUSTRIAL FUND NO.4

CHARTER HALL PROPERTY PORTFOLIO

DIRECT INDUSTRIAL FUND NO.4

13–39 Pilbara Road, Welshpool WA

Direct Industrial Fund No.4 (DIF4) is the fourth in the successful and highly rated industrial fund series which initially launched in 2010. Launched in November 2016, DIF4 will progressively acquire and manage a portfolio of quality long-leased Australian industrial properties.

TOP 4 TENANTS[1] BY GROSS INCOME

ANNUAL LEASE EXPIRY[1] GROSS INCOME

Shempel Pty Ltd
31.5%
Ingham’s
19.8%
GPC Asia Pacific
13.8%
34.9%
P & M
Quality Smallgoods
Vacant
0.0%
FY18
0.0%
FY19
0.0%
FY20
0.0%
FY21
0.0%
FY22
0.0%
FY23
0.0%
FY24
0.0%
FY25+
100%
  1. Excludes DIF4’s investment in Core Logistics Partnership (CLP).

INDUSTRIAL SECTOR 98 DIRECT INDUSTRIAL FUND NO.4

CHARTER HALL PROPERTY PORTFOLIO

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GEOGRAPHICAL DIVERSIFICATION [1]
BY CURRENT VALUE
24.1%
40.3%
35.6%
New South Wales
Western Australia
South Australia
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  1. Excludes DIF4’s investment in Core Logistics Partnership (CLP).

INDUSTRIAL SECTOR 99 DIRECT INDUSTRIAL FUND NO.4

CHARTER HALL PROPERTY PORTFOLIO

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PROPERTY PORTFOLIO 115–121 Jedda Road, Prestons NSW
DIF4 WALE WEIGHTED AVG
OWNERSHIP (%) (YEARS) RENT REVIEWS (%)
115–121 Jedda Road, Prestons NSW 100% 11.9 CPI
$196.9 Edinburgh Parks Distribution Centre SA 50% 22.4 3.0%
TOTAL VALUE
13–39 Pilbara Road, Welshpool WA 100% 8.7 3.5%
OF PORTFOLIO (A$M)
TOTAL/WEIGHTED AVERAGE 11.6 -
6.53%
WEIGHTED AVERAGE
CAPITALISATION RATE
(WACR)
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100

CHARTER HALL PROPERTY PORTFOLIO

INDUSTRIAL SECTOR DIRECT INDUSTRIAL FUND NO.4

115–121 JEDDA ROAD Prestons NSW

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This property is 100% occupied to a strong tenant covenant and is located in a prime industrial corridor of NSW, some 38 kilometres south west of Sydney. Leased to P&M Quality Smallgoods, a wholly owned subsidiary of JBS Meats, Australia’s largest meat packer and exporter who has 8,500 employees and exports to more than 50 countries. The property has a purpose built temperature controlled facility of 14,920 square metres across three buildings on a 53,260 square metre site.

Summary
Tenancy statistics
Major tenants
(GLA sqm)
Year built (or refurbished)
1997 (2002)
Ownership
100%
Total GLA (sqm)
14,920
WALE (by income)
11.9 years
Occupancy
100%
P&M Quality Smallgoods
14,920

EDINBURGH PARKS DISTRIBUTION CENTRE

27–35 Sturton Road, Edinburgh SA

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Conveniently located near all major northern industrial road networks, the property is approximately 22 kilometres north of the Adelaide CBD. The property comprises a modern, high quality industrial processing and distribution centre, offices, warehouse and workshop accommodation. The Fund has a 50% interest in the property. With a lettable area of 21,595 square metres and extensive expansion land, the property has 100% occupancy and a 22.4 year lease term. Rent reviews are the lesser of two times CPI or 3% pa. The property was purpose built in 2007 for Ingham’s, Australia and New Zealand’s largest integrated poultry producer, with more than 8,000 employees.

Year built (or refurbished) 2011
Ownership 50%
Total GLA (sqm) 21,595
WALE (by income) 22.4 years
Occupancy 100%
Ingham’s 21,595

101

CHARTER HALL PROPERTY PORTFOLIO

INDUSTRIAL SECTOR DIRECT INDUSTRIAL FUND NO.4

13–39 PILBARA ROAD Welshpool WA

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The property is well located within one of the main industrial precincts in WA, within close proximity to all major transport routes both into and out of metropolitan Perth. The property, a large scale, modern industrial facility comprised of two freestanding office and warehouse buildings, extends to 31,291 square metres. The property is fully occupied on long term leases to major automotive parts suppliers AMCAP and GPC. Improvements were completed circa 2005 and again in 2012.

Tenancy statistics
Major tenants
(GLA sqm)
Summary
Year built (or refurbished)
2005 (2012)
Ownership
100%
Total GLA (sqm)
31,291
WALE (by income)
8.7 years
Occupancy
100%
AMCAP
19,704
GPC
11,587

102

CHARTER HALL PROPERTY PORTFOLIO

INDUSTRIAL SECTOR CHARTER HALL DIRECT CDC TRUST

CHARTER HALL DIRECT CDC TRUST

Charter Hall Direct CDC Trust (CHIF12) provides an investment in a prime industrial asset, the Coles Distribution Centre located in Adelaide.

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COLES DISTRIBUTION CENTRE

2 Sturton Road, Adelaide SA

The Coles Distribution Centre in South Australia comprises a modern distribution centre of 67,944 square metres which was purpose built for Coles in 2007. The property is fully leased to Coles until February 2027 with further five-by-five year option periods. The property is located within Edinburgh Parks Industrial Estate, an established industrial area with excellent surrounding transport access routes and high profile tenants.

$85.8

TOTAL VALUE OF PORTFOLIO (A$M)

Tenancy statistics
Major tenants
(GLA sqm)
Summary
Year built (or refurbished)
2007
Ownership
52%
Total GLA (sqm)
67,944
WALE (by income)
9.6 years
Occupancy
100%
Coles Group Limited
67,944

Coles Distribution Centre, 2 Sturton Road, Adelaide SA

RETAIL

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168 NUMBER OF PROPERTIES

97.5% OCCUPANCY

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6.08% WEIGHTED AVERAGE CAPITALISATION RATE (WACR)

8.5 years WEIGHTED AVERAGE LEASE EXPIRY (WALE)

CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 105 CHARTER HALL PRIME RETAIL FUND

CHARTER HALL PRIME RETAIL FUND

Charter Hall Prime Retail Fund (CPRF) is a wholesale partnership between Charter Hall Group (38%) and an institutional investor (62%). The Fund’s seed asset, Campbelltown Mall, was acquired in 2016.

TOP TENANTS

ANNUAL LEASE EXPIRY GROSS INCOME

BY GROSS INCOME

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Kmart
10.4%
Target
7.9%
Coles/Liquorland
6.1%
Woolworths/BWS
5.7%
Priceline Pharmacy
4.3%
Dollar King
3.5%
Aldi
2.8%
The Reject Shop
1.7%
Shopsmart Wholesale Pharmacy
1.7%
Farm Fresh Meats
1.7%
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Vacant
2.6%
FY18
16.9%
FY19
15.7%
FY20
5.6%
FY21
17.4%
FY22
5.7%
FY23
9.9%
FY24
1.0%
FY25+
25.2%
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CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR CHARTER HALL PRIME RETAIL FUND

106

PROPERTY PORTFOLIO

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CAMPBELLTOWN MALL

271 Queen Street, Campbelltown NSW

Campbelltown Mall comprises a two level sub-regional shopping centre with a total GLA of 42,125 square metres. The centre is anchored by Kmart and Target discount department stores, Coles, Woolworths and Aldi supermarkets.

$205.0

TOTAL VALUE OF PORTFOLIO (A$M)

5.75%

WEIGHTED AVERAGE CAPITALISATION RATE (WACR)

Summary
Tenancy statistics
Major tenants
Gross Income
Contribution (%)
Number of properties
1
Number of tenancies
121
Year built (or refurbished)
2007
Ownership
100%
Total GLA (sqm)
42,125
WALE (by income)
4.1 years
Occupancy (by income)
97.4%
Wesfarmers
24.4%
Woolworths Limited
5.7%

CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 107 CHARTER HALL RETAIL REIT

CHARTER HALL RETAIL REIT

Charter Hall Retail REIT (CQR) is a specialist REIT with 22 years experience in owning and managing Australian retail properties. With an active management strategy focused on maximising total returns, the REIT aims to offer unit holders an investment product that provides a secure and growing income stream from its portfolio of supermarket anchored shopping centres.

TOP TENANTS BY BASE RENT Woolworths 25.4% Wesfarmers 24.5% Australian Pharmaceutical Industries 1.9% The Reject Shop 1.5% Retail Food Group 1.1% Commonwealth Bank 0.9% Aldi 0.8% Bakers Delight 0.8% Pretty Girl Fashion Group 0.8% Specialty Fashion Group 0.7%

ANNUAL LEASE EXPIRY GROSS INCOME

Vacant 3.6% FY18 8.3% FY19 8.6% FY20 9.1% FY21 12.8% FY22 10.7% FY23 8.3% FY24 4.1% FY25+ 34.5%

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Arana Hills Plaza, Arana Hills Qld
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CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR CHARTER HALL RETAIL REIT

108

CHARTER HALL RETAIL REIT

GEOGRAPHICAL DIVERSIFICATION BY CURRENT VALUE

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1.1% 42.8%
4.1%
0.6%
5.7%
10.8%
15.2% 19.7%
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SUMMARY OPERATIONAL PERFORMANCE METRICS

Number of properties 71
Gross lettable area (CQR share, ‘000 sqm) 560.1
Valuation (CQR share, $m) 2,764.2
Same property NOI growth 1.0%
Occupancy (by GLA) 98.0%
Average fxed specialty rental increases1 4.1%
Portfolio WALE (years) 6.8

New South Wales Victoria Queensland Western Australia South Australia Tasmania Australian Capital Territory Northern Territory

  1. On existing leases over FY17.

CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 109 CHARTER HALL RETAIL REIT

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Erindale Shopping Centre, Wanniassa ACT
AUSTRALIAN CAPITAL TERRITORY PROPERTY PORTFOLIO
Summary Number of properties 3
Number of tenancies 67
Total GLA (sqm) 17,314
Tenancy statistics WALE (by income) 5.4 years
Occupancy (by GLA) 96.8%
Major tenants Woolworths Limited 29.1%
ABR [1] Contribution (%)
Wesfarmers 19.1%
OWNERSHIP (%) CLASSIFICATION
Dickson Woolworths, Dickson ACT 100% Freestander
$113.6 Erindale Shopping Centre, Wanniassa ACT 100% Neighbourhood
TOTAL VALUE Manuka Terrace, Manuka ACT 100% Neighbourhood
OF PORTFOLIO (A$M)
6.20%
WEIGHTED AVERAGE
CAPITALISATION
RATE (WACR)
1. Annual base rent.
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CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 110 CHARTER HALL RETAIL REIT

NEW SOUTH WALES PROPERTY PORTFOLIO

Salamander Bay Square, Salamander Bay NSW

Summary
Tenancy statistics
Major tenants
ABR1Contribution (%)
Number of properties
30
Number of tenancies
869
Total GLA (sqm)
221,541
WALE (by income)
6.6 years
Occupancy (by GLA)
98.4%
Woolworths Limited
26.1%
Wesfarmers
21.7%
  1. Annual base rent.

CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 111 CHARTER HALL RETAIL REIT

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Singleton Square, Singleton NSW
NEW SOUTH WALES PROPERTY PORTFOLIO
OWNERSHIP (%) CLASSIFICATION
Balo Square, Moree NSW 100% Neighbourhood
Bateau Bay Square, Bateau Bay NSW 48% Sub-regional
$1,184.1
Carnes Hill Marketplace, Horningsea Park NSW 50% Sub-regional
TOTAL VALUE
OF PORTFOLIO (A$M) Cootamumdra Woolworths, Cootamumdra NSW 100% Freestander
Cooma Woolworths, Cooma NSW 100% Freestander
Dubbo Square, Dubbo NSW 100% Sub-regional
Earlwood Coles, Earlwood NSW 100% Freestander
6.15%
Goonellabah Village, Goonellabah NSW 100% Neighbourhood
WEIGHTED AVERAGE
Gordon Village Centre, Gordon NSW 100% Neighbourhood
CAPITALISATION
RATE (WACR) Goulburn Square, Goulburn NSW 100% Sub-regional
Highlands Marketplace, Mittagong NSW 50% Sub-regional
Jerrabomberra Village, Jerrabomberra NSW 100% Neighbourhood
Kings Langley Shopping Centre, Kings Langley NSW 100% Neighbourhood
Lake Macquarie Fair, Mount Hutton NSW 100% Sub-regional
Morisset Square Shopping Centre, Morisset NSW 100% Neighbourhood
Mount Hutton Plaza, Mount Hutton NSW 100% Neighbourhood
Mudgee Metroplaza, Mudgee NSW 100% Neighbourhood
Narrabi Coles, Narrabi NSW 100% Freestander
Orange Central Square, Orange NSW 100% Neighbourhood
Parkes Metroplaza, Parkes NSW 100% Neighbourhood
Pemulwuy Marketplace, Greystanes NSW 50% Neighbourhood
Rosehill Woolworths, Rosehill NSW 100% Freestander
Rutherford Marketplace, Rutherford NSW 50% Neighbourhood
Singleton Square and Plaza, Singleton NSW 100% Sub-regional
Sunnyside Mall, Murwillumbah NSW 100% Neighbourhood
Tamworth Square, Tamworth NSW 100% Sub-regional
Thornleigh Marketplace, Thornleigh NSW 50% Neighbourhood
Tumut Coles, Tumut NSW 100% Freestander
West Ryde Marketplace, West Ryde NSW 50% Neighbourhood
Young Woolworths, Young NSW 100% Freestander
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CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 112 CHARTER HALL RETAIL REIT

NORTHERN TERRITORY PORTFOLIO

Summary
Tenancy statistics
Major tenants
ABR1Contribution (%)
Number of properties
1
Number of tenancies
21
Total GLA (sqm)
7,155
WALE (by income)
6.8 years
Occupancy (by GLA)
94.4%
Woolworths Limited
54.7%
Wesfarmers
8.1%
OWNERSHIP (%) CLASSIFICATION
Katherine Shopping Centre, Katherine NT 100% Sub-regional

$30.1

TOTAL VALUE OF PORTFOLIO (A$M)

7.75%

WEIGHTED AVERAGE CAPITALISATION RATE (WACR)

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  1. Annual base rent.

CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 113 CHARTER HALL RETAIL REIT

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Highfields Village Shopping Centre, Highfields Qld
QUEENSLAND PROPERTY PORTFOLIO
Summary Number of properties 15
Number of tenancies 366
Total GLA (sqm) 105,270
Tenancy statistics WALE (by income) 7.1 years
Occupancy (by GLA) 97.2%
Major tenants Wesfarmers 25.0%
ABR [1] Contribution (%)
Woolworths Limited 24.3%
1. Annual base rent.
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CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR CHARTER HALL RETAIL REIT

114

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Arana Hills Plaza, Arana Hills Qld
QUEENSLAND PROPERTY PORTFOLIO
OWNERSHIP (%) CLASSIFICATION
Albany Creek Square, Albany Creek Qld 100% Neighbourhood
$544.6 Allenstown Square, Rockhampton Qld 100% Neighbourhood
TOTAL VALUE Arana Hills Plaza, Arana Hills Qld 100% Sub-regional
OF PORTFOLIO (A$M)
Atherton Square, Atherton Qld 100% Neighbourhood
Bay Plaza, Hervey Bay Qld 100% Neighbourhood
6.42% Bribie Island Shopping Centre, Bribie Island Qld 100% Sub-regional
WEIGHTED AVERAGE Coomera Square, Coomera Qld 100% Neighbourhood
CAPITALISATION
RATE (WACR) Currimundi Markets, Currimundi Qld 100% Neighbourhood
Gatton Plaza, Gatton Qld 100% Neighbourhood
Gladstone Square, Gladstone Qld [1] 50% Neighbourhood
Kallangur Fair, Kallangur Qld 100% Neighbourhood
Mareeba Square, Mareeba Qld 100% Neighbourhood
Moranbah Fair, Moranbah Qld 100% Neighbourhood
Springfield Fair, Springfield Qld 100% Neighbourhood
Sydney Street Markets, Mackay Qld 100% Neighbourhood
1. Divestment Settled July 2017.
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CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 115 CHARTER HALL RETAIL REIT

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Brickworks Marketplace, Torrensville SA
SOUTH AUSTRALIA PROPERTY PORTFOLIO
Summary Number of properties 4
Number of tenancies 129
Total GLA (sqm) 46,458
Tenancy statistics WALE (by income) 6.6 years
Occupancy (by GLA) 97.0%
Major tenants Woolworths Limited 38.5%
ABR [1] Contribution (%)
Wesfarmers 16.7%
OWNERSHIP (%) CLASSIFICATION
Brickworks Marketplace, Torrensville SA 50% Sub-regional
$156.7 Renmark Square, Renmark SA 100% Sub-regional
TOTAL VALUE Southgate Square, Morphett Vale SA 100% Sub-regional
OF PORTFOLIO (A$M)
Wharflands Plaza, Port Augusta SA [2] 100% Sub-regional
6.70%
WEIGHTED AVERAGE
CAPITALISATION
RATE (WACR)
1. Annual base rent.
2. Divestment Settled July 2017.
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CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 116 CHARTER HALL RETAIL REIT

TASMANIA PROPERTY PORTFOLIO

Summary
Tenancy statistics
Major tenants
ABR1Contribution (%)
Number of properties
2
Number of tenancies
3
Total GLA (sqm)
4,824
WALE (by income)
5.3 years
Occupancy (by GLA)
100%
Woolworths Limited
96.4%
OWNERSHIP (%) CLASSIFICATION
Smithton Woolworths, Smithton Tas. 100% Freestander
Wynyard Woolworths, Wynyard Tas. 100% Freestander

$17.7

TOTAL VALUE OF PORTFOLIO (A$M)

6.61%

WEIGHTED AVERAGE CAPITALISATION RATE (WACR)

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  1. Annual base rent.

CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 117 CHARTER HALL RETAIL REIT

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Lansell Square, Bendigo Vic.
VICTORIA PROPERTY PORTFOLIO
Summary Number of properties 6
Number of tenancies 155
Total GLA (sqm) 63,734
Tenancy statistics WALE (by income) 6.4 years
Occupancy (by GLA) 98.6%
Major tenants Wesfarmers 34.5%
ABR [1] Contribution (%)
Woolworths Limited 17.9%
OWNERSHIP (%) CLASSIFICATION
Bairnsdale Coles, Bairnsdale Vic. 100% Freestander
$297.4 Kerang Safeway, Kerang Vic. 100% Freestander
TOTAL VALUE Kyneton Shopping Centre, Knyeton Vic. 100% Neighbourhood
OF PORTFOLIO (A$M)
Lansell Square, Bendigo Vic. 100% Sub-regional
Moe Coles, Moe Vic. 100% Freestander
6.06% Rosebud Plaza, Rosebud Vic. 100% Sub-regional
WEIGHTED AVERAGE
CAPITALISATION
RATE (WACR)
1. Annual base rent.
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CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 118 CHARTER HALL RETAIL REIT

WESTERN AUSTRALIA PROPERTY PORTFOLIO

Secret Harbour Square, Secret Harbour WA

Summary
Tenancy statistics
Major tenants
ABR1Contribution (%)
Number of properties
10
Number of tenancies
271
Total GLA (sqm)
93,790
WALE (by income)
7.9 years
Occupancy (by GLA)
97.6%
Wesfarmers
31.4%
Woolworths Limited
18.5%

$420.0

TOTAL VALUE OF PORTFOLIO (A$M)

6.58%

WEIGHTED AVERAGE CAPITALISATION RATE (WACR)

OWNERSHIP (%) CLASSIFICATION
Albany Plaza, Albany WA 100% Sub-regional
Carnarvon Central, Carnarvon WA 100% Neighbourhood
Esperance Boulevard, Esperance WA 100% Neighbourhood
Kalgoorlie Central, Kalgoorlie WA 100% Neighbourhood
Maylands Coles, Maylands WA 100% Freestander
Narrogin Coles, Narrogin WA 100% Freestander
Secret Harbour Square, Secret Harbour WA 100% Sub-regional
South Hedland Square, South Hedland WA 100% Sub-regional
Swan View Shopping Centre, Swan View WA 100% Neighbourhood
Wanneroo Central, Wanneroo WA 50% Sub-regional
  1. Annual base rent.

CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 119 RETAIL PARTNERSHIP NO.1

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Wanneroo Central, Wanneroo WA
RETAIL PARTNERSHIP NO.1
Retail Partnership No.1 (RP1) is a 50/50 joint-venture investment between
the Charter Hall Retail REIT and a major Australian Superannuation Fund.
The portfolio comprises supermarket anchored neighbourhood and
sub-regional shopping centres.
TOP TENANTS ANNUAL LEASE EXPIRY
BY GROSS INCOME GROSS INCOME
Woolworths Vacant
34.0% 1.6%
Wesfarmers FY18
7.4% 5.4%
Australian Pharmaceutical Industry FY19
3.0% 10.9%
Commonwealth Bank FY20
1.8% 11.9%
Retail Food Group FY21
1.7% 9.1%
ANZ FY22
1.3% 9.8%
Metcash Pty Ltd FY23
1.2% 3.8%
Global Yellow Pages Ltd FY24
1.1% 2.5%
Pretty Girl Fashion Group FY25+
1.0% 45.0%
Specsavers
1.0%
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CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR RETAIL PARTNERSHIP NO.1

120

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GEOGRAPHICAL DIVERSIFICATION
BY CURRENT VALUE
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----- Start of picture text -----

11.4%
17.8%
65.3%
5.5%
New South Wales
Queensland
Western Australia
South Australia
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CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 121 RETAIL PARTNERSHIP NO.1

PROPERTY PORTFOLIO

OWNERSHIP (%) CLASSIFICATION
Carnes Hill Marketplace, Horningsea Park NSW
Highlands Marketplace, Mittagong NSW
50%
50%
Sub-regional
Sub-regional
Pemulwuy Marketplace, Greystanes NSW
Rutherford Marketplace, Rutherford NSW
50%
50%
Neighbourhood
Neighbourhood
Thornleigh Marketplace, Thornleigh NSW
West Ryde Marketplace, West Ryde NSW
50%
50%
Neighbourhood
Neighbourhood
Gladstone Square, Gladstone Qld1 50% Neighbourhood
Brickworks Marketplace, Torrensville SA 50% Sub-regional
Wanneroo Central, Wanneroo WA 50% Sub-regional

$579.0

TOTAL VALUE OF PORTFOLIO (A$M)

5.91%

WEIGHTED AVERAGE CAPITALISATION RATE (WACR)

Summary

Number of properties 9
Number of tenancies 332
Total GLA (sqm) 102,066
WALE (by income) 9.8 years
Occupancy (by income) 98.4%
Woolworths Limited 34.0%
Wesfarmers 7.4%

Tenancy statistics

Major tenants Gross Income Contribution (%)

Carnes Hill Marketplace, Horningsea Park NSW

  1. Divestment Settled July 2017.

CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 122 RETAIL PARTNERSHIP NO.1

CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 123 RETAIL PARTNERSHIP NO.2

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Bateau Bay Square, Bateau Bay NSW
RETAIL PARTNERSHIP NO.2
Bateau Bay Square is a sub-regional shopping centre on the Central Coast of NSW,
acquired in 2011. The centre is strongly anchored and continues to strengthen its position
providing convenient retail and services for the community and tourist market. The asset
is owned by Retail Partnership No.2 (RP2), a wholesale partnership between Charter Hall
Group (5%), Charter Hall Retail REIT (47.5%), and an institutional investor (47.5%)
TOP TENANTS ANNUAL LEASE EXPIRY
BY GROSS INCOME GROSS INCOME
Kmart Vacant
11.7% 2.8%
Coles FY18
8.9% 14.0%
Woolworths FY19
7.8% 12.1%
Terry White Chemists FY20
3.8% 9.7%
Aldi FY21
3.5% 15.3%
Westpac FY22
2.9% 5.7%
Dollar King FY23
2.3% 4.1%
ANZ FY24
2.2% 2.0%
Newcastle Permanent Building Society FY25+
2.0% 34.3%
The Reject Shop
1.9%
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CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR RETAIL PARTNERSHIP NO.2

124

PROPERTY PORTFOLIO

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BATEAU BAY SQUARE

Bateau Bay NSW

Located on a 9.9 hectare site, the centre offers a choice of three supermarkets: Woolworths, Coles and Aldi, plus a Kmart Discount Department Store. Mini-major retailers such as Best and Less, Dick Smith and Reject Shop complement the retail offer and specialty retailers provide a diverse shopping experience that meets the needs of the convenience focused shopper.

$226.0

TOTAL VALUE OF PORTFOLIO (A$M)

5.75%

WEIGHTED AVERAGE CAPITALISATION RATE (WACR)

Summary
Tenancy statistics
Major tenants
Gross Income
Contribution (%)
Number of properties
1
Number of tenancies
106
Total GLA (sqm)
29,151
Ownership
52.5%
Classifcation
Sub-regional
WALE (by income)
4.8 years
Occupancy (by income)
97.2%
Wesfarmers
20.6%
Woolworths Limited
7.8%

CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 125 RETAIL PARTNERSHIP NO.6

RETAIL PARTNERSHIP NO.6

Pacific Square, Maroubra NSW

Retail Partnership No. 6 (RP6) is a wholesale partnership between Charter Hall Group (20%) and an institutional investor (80%). The portfolio comprises two supermarket anchored sub-regional shopping centres located in metro Sydney locations.

TOP TENANTS BY GROSS INCOME

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Woolworths 8.3% Coles & Liquorland 8.3% Kmart 6.5% Fitness First 6.1% Aldi 5.8% Freshworld 4.1% Priceline Pharmacy 3.3% Commonwealth Bank 2.0% The Fish Market @ Maroubra 2.0% Dollar King 1.7%

ANNUAL LEASE EXPIRY GROSS INCOME

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Vacant
3.1%
FY18
16.3%
FY19
16.3%
FY20
11.9%
FY21
7.0%
FY22
2.9%
FY23
11.1%
FY24
13.4%
FY25+
18.0%
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CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 126 RETAIL PARTNERSHIP NO.6

PROPERTY PORTFOLIO

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$257.5

TOTAL VALUE OF PORTFOLIO (A$M)

5.75%

WEIGHTED AVERAGE CAPITALISATION RATE (WACR)

PACIFIC SQUARE

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Maroubra NSW

The centre benefits from its positioning on the corner of the busy Anzac Parade (a key north-south arterial leading to the Sydney CBD) and Maroubra Road. The location allows convenient road access from all directions.

Summary

Summary
Tenancy statistics
Major tenants
Gross Income
Contribution (%)
Number of properties
2
Number of tenancies
128
Total GLA (sqm)
33,301
Ownership
100%
Classifcation
Sub-regional
WALE (by income)
3.3 years
Occupancy (by income)
96.9%
Wesfarmers
14.8%
Woolworths Limited
8.3%

BASS HILL PLAZA Bass Hill NSW

Bass Hill Plaza comprises a two level, fully enclosed sub-regional shopping centre. The centre is anchored by Kmart discount department store, Woolworths and Aldi supermarkets. Bass Hill is a western suburb of Sydney, approximately 25 kilometres west of the Sydney CBD and approximately eight kilometres north-east of the suburb of Liverpool.

CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR LONG WALE HARDWARE PARTNERSHIP

127

LONG WALE HARDWARE PARTNERSHIP

BP Fund 1 (BP1), BP Fund 2 (BP2) and the TTP Wholesale Fund (TTP), together referred to as the Long WALE Hardware Partnership (LWHP), is a wholesale partnership with the investment strategy of acquiring and managing a portfolio of well located, long WALE home improvement assets leased to Bunnings and Woolworths across Australia.

TOP TENANTS BY GROSS INCOME

ANNUAL LEASE EXPIRY GROSS INCOME

Bunnings 77.3% Masters 4.8% Keppel Logistics 2.7% Woolworths 2.4% BCF 1.3% BCF 0.9% Aldi 0.8% Petstock Keperra 0.6% Chemmart Chemist 0.6% The Reject Shop 0.5%

Vacant 0.4% FY18 1.8% FY19 8.4% FY20 1.1% FY21 5.0% FY22 1.3% FY23 0.9% FY24 2.5% FY25+ 78.6%

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CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR LONG WALE HARDWARE PARTNERSHIP

128

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GEOGRAPHICAL DIVERSIFICATION BY CURRENT VALUE

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----- Start of picture text -----

8.8%
49.2%
4.1%
33.2%
4.7%
New South Wales
Victoria
Queensland
Western Australia
ACT
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CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 129 LONG WALE HARDWARE PARTNERSHIP

PROPERTY PORTFOLIO

OWNERSHIP (%) CLASSIFICATION
Bunnings, Gungahlin ACT
Bunnings, Castle Hill NSW
100%
100%
Metro
Metro
Bunnings, Chatswood NSW 100% Metro
Bunnings, Kingsgrove NSW 100% Metro
Bunnings, Kirrawee NSW
Bunnings, Marsden Park NSW
100%
100%
Metro
Metro
Bunnings, Narellan NSW 100% Metro
Masters, Northmead NSW 100% Metro
Bunnings, Burleigh Heads Qld 100% Metro
Bunnings, Cairns Qld 100% Regional
Bunnings, Keperra Qld 100% Metro
Bunnings, Mackay South Qld1 100% Regional
Bunnings, Stafford Qld 100% Metro
Stafford Wiley Qld 100% Metro
Great Western Super Centre, Keppera Qld 100% Metro
Bunnings, Dandenong Vic. 100% Metro
Bunnings, Armadale WA 100% Metro

$740.0

TOTAL VALUE OF PORTFOLIO (A$M)

5.62%

WEIGHTED AVERAGE CAPITALISATION RATE (WACR)

Summary

Number of properties 17
Number of tenancies 84
Total GLA (sqm) 250,060
WALE (by income) 9.3 years
Occupancy (by income) 99.6%

Tenancy statistics

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  1. Divested July 2017.

CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 130 LONG WALE HARDWARE PARTNERSHIP

CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 131 LONG WALE INVESTMENT PARTNERSHIP

LONG WALE INVESTMENT PARTNERSHIP

Long WALE Investment Partnership (LWIP) is a newly established fund in which the Charter Hall Group has a 5% interest. The portfolio comprises 57 hospitality assets subject to initial 20 year lease terms.

Summary
Tenancy statistics
Number of properties
57
Number of tenancies
57
Total GLA (sqm)
160,721
WALE (by income)
17.3 years
Occupancy (by income)
100%

GEOGRAPHICAL DIVERSIFICATION BY CURRENT VALUE

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----- Start of picture text -----

2.8%
3.6%
6.7%
37.4%
11.8%
37.8%
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New South Wales Victoria Queensland Western Australia South Australia Tasmania

CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 132 LONG WALE INVESTMENT PARTNERSHIP

PROPERTY PORTFOLIO

$727.8
TOTAL VALUE
OF PORTFOLIO (A$M)
6.02%
WEIGHTED AVERAGE
CAPITALISATION
RATE (WACR)
OWNERSHIP (%)
Boomerang Hotel, Lavington NSW
55%
Greenhouse Tavern, Coffs Harbour NSW
55%
Westower Tavern, West Ballina NSW
55%
Allenstown Hotel, Allenstown Qld
55%
Brunswick Hotel, New Farm Qld
55%
Buderim Tavern, Buderim Qld
55%
Capalaba Tavern, Capabala Qld
55%
Commercial Hotel, Nerang Qld
55%
Dog and Parrot Hotel, Robina Qld
55%
Federal Hotel, Toowoomba Qld
55%
Glenmore Tavern, Rockhampton Qld
55%
Harvey Road Tavern, Clinton Qld
55%
Highfelds Tavern, Highfelds Qld
55%
Hinterland Hotel Motel, Nerang Qld
55%
Kawana Waters Hotel, Kawana Waters Qld
55%
Old Sydney Hotel, Maryborough Qld
55%
Parkwood Tavern, Parkwood Qld
55%
Redbank Plains Tavern, Redbank Plains Qld
55%
Royal Beenleigh Hotel, Beenleigh Qld
55%
Russell Tavern, Dalby Qld
55%
Villa Noosa Hotel, Noosaville Qld
55%
Waterfront Hotel, Diddillibah Qld
55%
Federal Hotel, Mt Gambier SA
55%
Findon Hotel, Findon SA
55%
Norwood Hotel, Norwood SA
55%
Royal Oak, North Adelaide SA
55%
Slug N Lettuce British Pub, Parafeld Gardens SA
55%
Victoria Hotel, O'Halloran Hill SA
55%
Carlyle Hotel, Derwent Park Tas.
55%
OWNERSHIP (%)
Gateway Inn Hotel, Devonport Tas.
55%
Riverside Hotel Motel, Riverside Tas.
55%
Albion Charles Hotel, Northcote Vic.
55%
Balaclava Hotel, St Kilda East Vic.
55%
Cherry Hill Tavern, Doncaster Vic.
55%
Coolaroo Hotel, Coolaroo Vic.
55%
Croxton Park Hotel, Thornbury Vic.
55%
Excelsior Hotel, Thomastown Vic.
55%
First & Last Hotel, Hadfeld Vic.
55%
Glengala Hotel, Sunshine Vic.
55%
Manhattan Hotel, Ringwood Vic.
55%
Monash Hotel, Clayton Vic.
55%
Moreland Hotel, Brunswick Vic.
55%
Oakleigh Junction Hotel, Oakleigh Vic.
55%
Palace Hotel, Camberwell Vic.
55%
Preston Hotel, Preston Vic.
55%
St Albans Hotel, St Albans Vic.
55%
Waltzing Matilda Hotel, Springvale Vic.
55%
Belmont Tavern, Cloverdale WA
55%
Bull Creek Tavern, Bull Creek WA
55%
Dunsborough Hotel, Dunsborough WA
55%
Greenwood Hotel, Greenwood WA
55%
Herdsman Lake Tavern, Wembley WA
55%
Highway Hotel, Bunbury WA
55%
Hyde Park Hotel, West Perth WA
55%
Lakers Tavern, Thornline WA
55%
Peel Alehouse, Halls Head WA
55%
Ship Inn, Busselton WA
55%

CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 133 LONG WALE INVESTMENT PARTNERSHIP NO.2

LONG WALE INVESTMENT PARTNERSHIP NO.2

Long WALE Investment Partnership No.2 (LWIP2) is a newly established fund comprising of eight properties in which the Charter Hall Group has a 10% interest.

$157.2
TOTAL VALUE
OF PORTFOLIO (A$M)
6.01%
WEIGHTED AVERAGE
CAPITALISATION
RATE (WACR)
OWNERSHIP (%)
Dan Murphy’s Mosman NSW
100%
Blue Pacifc Hotel, Woorim Qld
100%
Irish Finnegan's Hotel, Thuringowa Central Qld
100%
Kondari Hotel & Resort Qld
100%
The Royal Gatton, Gatton Qld
100%
Upper Ross Hotel, Rasmussen Qld
100%
Millers Inn, Altona Vic.
100%
Royal Ferntree Gully Hotel Vic.
100%
Seaford Hotel Vic.
100%

Summary

Number of properties 9
Number of tenancies 9
Total GLA (sqm) 22,671
WALE (by income) 18.0 years
Occupancy (by income) 100%

Tenancy statistics

GEOGRAPHICAL DIVERSIFICATION BY CURRENT VALUE

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8.8%
33.9% 57.4%
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NSW Victoria Queensland

CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR CHARTER HALL DIRECT BW TRUST

134

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Bunnings, Rouse Hill NSW
CHARTER HALL
DIRECT BW TRUST
Charter Hall Direct BW Trust (CHIF11) is an unlisted property syndicate investing in near
new Bunnings retail properties located in strategic metropolitan and regional areas.
OWNERSHIP (%) WALE (YEARS)
Bunnings, Armidale NSW 100% 8.1
$93.1 Bunnings, Rouse Hill NSW 100% 7.4
TOTAL VALUE Bunnings, Tarree NSW 100% 8.7
OF PORTFOLIO (A$M)
Bunnings, Rosebud Vic. 100% 7.4
TOTAL / WEIGHTED AVERAGE 7.8
5.81%
WEIGHTED AVERAGE
CAPITALISATION
RATE (WACR)
Summary Number of properties 4
Number of tenancies 4
Total GLA (sqm) 42,052
Tenancy statistics WALE (by income) 7.8 years
Occupancy (by income) 100%
Major tenant Bunnings 100%
ABR [1] Contribution (%)
1. Annual base rent.
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CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 135 CHARTER HALL DIRECT AUTOMOTIVE TRUST

CHARTER HALL DIRECT AUTOMOTIVE TRUST

Charter Hall Direct Automotive Trust (DAT) is an unlisted property syndicate investing in a portfolio of well located, high quality properties leased to Australia’s largest automotive retailer, Automotive Holdings Group (AHG).

$107.6 TOTAL VALUE OF PORTFOLIO (A$M)

6.16%

WEIGHTED AVERAGE CAPITALISATION RATE (WACR)

DAT WALE WEIGHTED AVG
OWNERSHIP (%) (YEARS) RENT REVIEWS (%)
2A Victoria Avenue, Castle Hill NSW 100% 10.1 4.0%
26-28 Waratah Street, Kirrawee NSW 100% 13.2 CPI + 0.5%
18-28 Anzac Avenue, Hillcrest Qld 100% 14.4 CPI + 0.5%
TOTAL / WEIGHTED AVERAGE 11.3 -

GEOGRAPHICAL DIVERSIFICATION BY CURRENT VALUE

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12.0%
88.0%
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New South Wales Queensland

CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 136 CHARTER HALL DIRECT AUTOMOTIVE TRUST

2A VICTORIA AVENUE Castle Hill NSW

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The property comprises three automotive dealerships in separate buildings together with 25 industrial units. Each dealership includes showroom, office, service centre and external display areas. This asset is located approximately 33 kilometres north-west of the Sydney CBD.

Summary
Tenancy statistics
Major tenants
(GLA sqm)
Year built (or refurbished)
2012-2014
Ownership
100%
Total GLA (sqm)
12,419
WALE (by income)
10.1 years
Occupancy (by income)
100%
Automotive Holdings Group
12,419

26/28 WARATAH STREET Kirrawee NSW

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This property comprises a showroom, office, service centre and external display areas together with a large basement car park. The property is located approximately 29 kilometres south of the Sydney CBD.

Year built (or refurbished) 2014
Ownership 100%
Total GLA (sqm) 3,772
WALE (by income) 13.2 years
Occupancy (by income) 100%
Automotive Holdings Group 3,772

CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 137 CHARTER HALL DIRECT AUTOMOTIVE TRUST

18-28 ANZAC AVENUE

Hillcrest Qld

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Upon completion, the property will comprise a dealership with showroom, office, service centre and external display areas.

This property was completed in December 2016.

Summary
Tenancy statistics
Major tenants
(GLA sqm)
Year built (or refurbished)
2016
Ownership
100%
Total GLA (sqm)
2,715
WALE (by income)
14.4 years
Occupancy (by income)
100%
Automotive Holdings Group
2,715

CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 138 CHARTER HALL DIRECT AUTOMOTIVE TRUST NO.2

CHARTER HALL DIRECT AUTOMOTIVE TRUST NO.2

Charter Hall Direct Automotive Trust No.2 (DAT2) is an unlisted property syndicate investing in a portfolio of well located, high quality properties leased to Australia’s largest automotive retailer, Automotive Holdings Group (AHG).

$86.21
TOTAL VALUE
OF PORTFOLIO (A$M)
DAT
OWNERSHIP (%)
WALE
(YEARS)
WEIGHTED AVG
RENT REVIEWS (%)
375-377 Hume Highway, Liverpool NSW2
100%
15.0
CPI + 0.5%
Mount Gravatt Properties, Mount Gravatt Qld
100%
9.0
CPI + 0.5%
Lot 1, 530 McDonalds Road, South Morang Vic.2
100%
15.0
CPI + 0.5%
441-445 Waneroo Road, Balcatta WA
100%
14.0
3.5%
TOTAL/WEIGHTED AVERAGE
11.8
-

6.48%

WEIGHTED AVERAGE CAPITALISATION RATE (WACR)

GEOGRAPHICAL DIVERSIFICATION BY CURRENT VALUE[2]

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18.9%
12.1%
17.8%
51.2%
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New South Wales Victoria Queensland Western Australia

  1. Includes development assets at “as if complete” value.

  2. Lease term at development completion.

CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 139 CHARTER HALL DIRECT AUTOMOTIVE TRUST NO.2

375-377 HUME HIGHWAY Liverpool, NSW

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Artist’s Impression
----- End of picture text -----

The property is under construction and will comprise a dealership with showroom, office, service centre and external display areas. A separate Subaru service centre will form part of the development which will service an adjoining dealership.

Approximately 27 kilometres south-west of the Sydney CBD, the property enjoys a high profile location along the Hume Highway which provides easy accessibility to the site for the local and surrounding regional population.

Summary

Summary
Tenancy statistics
Major tenants
(GLA sqm)
Year built (or refurbished)
2017
Ownership
100%
Total GLA (sqm)
3,172
WALE (by income)
15.0 years
Occupancy (by income)
100%
Automotive Holdings Group
3,172

MOUNT GRAVATT PROPERTIES

Mount Gravatt, Qld

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The five properties at Mount Gravatt comprise seven dealerships with showroom, office and external display areas. Five of the dealerships also have service centres.

Approximately 10 kilometres south-east of the Brisbane CBD on the eastern and western sides of Logan Road, the properties dominate the Mount Gravatt automotive precinct.

Year built (or refurbished) 1960 (2005)
Ownership 100%
Total GLA (sqm) 13,033
WALE (by income) 9.0 years
Occupancy (by income) 100%
Automotive Holdings Group 13,033

CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 140 CHARTER HALL DIRECT AUTOMOTIVE TRUST NO.2

LOT 1, 530 MCDONALDS ROAD South Morang, Vic.

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Artist’s Impression
----- End of picture text -----

Subject to development approvals and development, the property will comprise a two level automotive dealership showroom and an office, service centre and external display areas.

Approximately 27 kilometres north-east of the Melbourne CBD, this property is located on the northern side of McDonalds Road, close to the intersection with Plenty Road.

Summary

Summary
Tenancy statistics
Major tenants
(GLA sqm)
Year built (or refurbished)
2017
Ownership
100%
Total GLA (sqm)
3,467
WALE (by income)
15.0 years
Occupancy (by income)
100%
Automotive Holdings Group
3,467

441-445 WANEROO ROAD Balcatta, WA

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The property comprises a modern showroom and service centre in the northern portion and offices, another showroom and service centre in the southern portion. The Property also features extensive bitumen paved display areas.

Approximately 16 kilometres north of the Perth CBD, this property is located on the western side of Wanneroo Road, approximately 300 metres south of the Balcatta industrial and commercial precinct.

Year built (or refurbished) 1978 (2004)
Ownership 100%
Total GLA (sqm) 3,455
WALE (by income) 14.0 years
Occupancy (by income) 100%
Automotive Holdings Group 3,455

141

CHARTER HALL PROPERTY PORTFOLIO

441-445 Waneroo Road, Balcatta, WA

CHARTER HALL PROPERTY PORTFOLIO

142

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----- Start of picture text -----

ATO, 12–26 Franklin Street, Adelaide WA
----- End of picture text -----

DIVERSIFIED 80[1] 6.20%[1] NUMBER OF WEIGHTED AVERAGE PROPERTIES CAPITALISATION RATE (WACR) 100%[1] 11.8 years[1] OCCUPANCY WEIGHTED AVERAGE LEASE EXPIRY (WALE) Note: 1. Includes Bunnings South Mackay, Qld, acquired 3 July 2017.

CHARTER HALL PROPERTY PORTFOLIO

DIVERSIFIED SECTOR 143 CHARTER HALL LONG WALE REIT

CHARTER HALL LONG WALE REIT

Charter Hall Long WALE REIT (ASX: CLW), is an Australian Real Estate Investment Trust (“REIT”) listed on the ASX. The REIT is focused on providing investors with stable and secure income and targeting income and capital growth through an exposure to long WALE properties. The REIT is focused on assets that are predominantly leased to tenants with strong covenants on long term leases.

TOP 10 TENANTS

ANNUAL LEASE EXPIRY GROSS INCOME

BY GROSS INCOME

Woolworths/ALH 27.5% Australian Tax Office 19.6% Coles 12.5% Metcash 12.2% Westpac 5.8% SUEZ 5.2% Australia Post 3.5% Grace Worldwide 3.3% Electrolux 3.2% Toll 2.8%

Vacant 0.0% FY18 0.0% FY19 0.4% FY20 0.0% FY21 4.3% FY22 0.8% FY23 1.9% FY24 15.6% FY25+ 77.0%

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Note: Metrics include Bunnings South Mackay, Qld, acquired 3 July 2017.

CHARTER HALL PROPERTY PORTFOLIO

DIVERSIFIED SECTOR 144 CHARTER HALL LONG WALE REIT

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----- Start of picture text -----

Australia Post, Kingsgrove NSW
GEOGRAPHICAL DIVERSIFICATION
BY CURRENT VALUE
0.7% 12.3%
23.3% 23.0%
24.5% 16.2%
New South Wales
Victoria
Queensland
Western Australia
South Australia
Tasmania
----- End of picture text -----

CHARTER HALL PROPERTY PORTFOLIO

DIVERSIFIED SECTOR 145 CHARTER HALL LONG WALE REIT

PROPERTY PORTFOLIO

$1,397.2
TOTAL VALUE
OF PORTFOLIO (A$M)
6.20%
WEIGHTED AVERAGE
CAPITALISATION
RATE (WACR)
11.8YRS
WEIGHTED AVERAGE
LEASE EXPIRY (WALE)
2.9%
WEIGHTED AVERAGE
RENT REVIEWS
(WARR)
CLW
OWNERSHIP
(%)
WALE
(YEARS)
WEIGHTED
AVG RENT
REVIEWS (%)
OFFICE
Westpac
4–16 Montgomery Street
Kogarah NSW
50.1%
17.0
CPI
Australian Taxation Office
12–26 Franklin Street
Adelaide SA
100%
9.8
3.8%
INDUSTRIAL
Australia Post
Australia Post Business Hub
Kingsgrove NSW
100%
9.0
3.5%
12 Lancley Place
Artarmon NSW
100%
29.5
3.0%
20 Davis Road
Wetherill Park NSW
100%
9.5
3.0%
201–205 Newton Road
Wetherill Park NSW
100%
4.5
3.0%
Coates Hire
29–47 Mudgee Street
Kingston Qld
100%
15.7
4.0%
Grace Worldwide
420 Sherbrooke Road
Willawong Qld
100%
6.1
3.5%
28 Weyba Street
Lower Nudgee Qld
100%
19.5
3.0%
Electrolux
76–80 Howards Road
Beverley SA
100%
7.4
3.5%
Coles Distribution Centre Truganina
485 Dohertys Road
Truganina Vic.
50%
15.0
3.5%
CLW
OWNERSHIP
(%)
WALE
(YEARS)
WEIGHTED
AVG RENT
REVIEWS (%)
INDUSTRIALCONTINUED
Toll
13–20 Horsburgh Drive
Altona North Vic.
100%
8.4
3.5%
Woolworths Distribution Centre
Dandenong
255 Glasscocks Road
Dandenong Vic.
26%
20.01
2.8%
Woolworths Distribution Centre
Hoppers Crossing
364–426 Old Geelong Road
Hoppers Crossing Vic.
100%
3.5
3.0%
64–84 Waterview Close
Dandenong South Vic.
100%
9.5
3.0%
71 Bosworth Road
Bairnsdale Vic.
100%
1.5
3.0%
252–254 Rex Road
Campbellfield Vic.
100%
1.5
3.0%
Coles Distribution Centre Perth
136 Horrie Miller Drive
Perth WA
49.9%
10.9
2.8%
Metcash Distribution Centre
218 Bannister Road
Canningvale WA
100%
6.6
CPI
15 Attwell Street
Landsdale WA
100%
14.5
3.0%
82 Leviathan Street
South Boulder WA
100%
14.5
3.0%
116 Kurnall Road
Welshpool WA
100%
14.5
3.0%
  1. Reflects WALE on lease commencement.

CHARTER HALL PROPERTY PORTFOLIO

DIVERSIFIED SECTOR 146 CHARTER HALL LONG WALE REIT

PROPERTY PORTFOLIO

OWNERSHIP (%)
RETAILCONTINUED
BoomerangHotel, Lavington NSW
45%
Greenhouse Tavern, Coffs Harbour NSW
45%
Westower Tavern, West Ballina NSW
45%
HarveyRoad Tavern, Clinton Qld
45%
Allenstown Hotel, Allenstown Qld
45%
Brunswick Hotel, New Farm Qld
45%
Buderim Tavern, Buderim Qld
45%
Capalaba Tavern, Capabala Qld
45%
Commercial Hotel, NerangQld
45%
Dogand Parrot Hotel, Robina Qld
45%
Federal Hotel, Toowoomba Qld
45%
Glenmore Tavern, Rockhampton Qld
45%
Highfields Tavern, Highfields Qld
45%
Hinterland Hotel Motel, NerangQld
45%
Kawana Waters Hotel, Kawana Waters Qld
45%
Old SydneyHotel, Maryborough Qld
45%
Parkwood Tavern, Parkwood Qld
45%
Redbank Plains Tavern, Redbank Plains Qld
45%
Royal Beenleigh Hotel, Beenleigh Qld
45%
Russell Tavern, DalbyQld
45%
Villa Noosa Hotel, Noosaville Qld
45%
Waterfront Hotel, Diddillibah Qld
45%
Federal Hotel, Mt Gambier SA
45%
Findon Hotel, Findon SA
45%
Norwood Hotel, Norwood SA
45%
Royal Oak, North Adelaide SA
45%
SlugN Lettuce British Pub, Parafield Gardens SA
45%
Victoria Hotel, O'Halloran Hill SA
45%
Carlyle Hotel, Derwent Park Tas.
45%
OWNERSHIP (%)
RETAILCONTINUED
GatewayInn Hotel, Devonport Tas.
45%
Riverside Hotel Motel, Riverside Tas.
45%
Albion Charles Hotel, Northcote Vic.
45%
Balaclava Hotel, St Kilda East Vic.
45%
CherryHill Tavern, Doncaster Vic.
45%
Coolaroo Hotel, Coolaroo Vic.
45%
Croxton Park Hotel, ThornburyVic.
45%
Excelsior Hotel, Thomastown Vic.
45%
First & Last Hotel, Hadfield Vic.
45%
Glengala Hotel, Sunshine Vic.
45%
Manhattan Hotel, Ringwood Vic.
45%
Monash Hotel, Clayton Vic.
45%
Moreland Hotel, Brunswick Vic.
45%
Oakleigh Junction Hotel, Oakleigh Vic.
45%
Palace Hotel, Camberwell Vic.
45%
Preston Hotel, Preston Vic.
45%
St Albans Hotel, St Albans Vic.
45%
WaltzingMatilda Hotel, Springvale Vic.
45%
Belmont Tavern, Cloverdale WA
45%
Bull Creek Tavern, Bull Creek WA
45%
Dunsborough Hotel, Dunsborough WA
45%
Greenwood Hotel, Greenwood WA
45%
Herdsman Lake Tavern, WembleyWA
45%
HighwayHotel, BunburyWA
45%
Hyde Park Hotel, West Perth WA
45%
Lakers Tavern, Thornline WA
45%
Peel Alehouse, Halls Head WA
45%
ShipInn, Busselton WA
45%
Bunnings South Mackay, Qld1
100%
  1. Settled July 2017.

CHARTER HALL PROPERTY PORTFOLIO

DIVERSIFIED SECTOR 147 CHARTER HALL LONG WALE REIT

WESTPAC

4–16 Montgomery Street, Kogarah NSW

==> picture [188 x 132] intentionally omitted <==

The property is an A-grade commercial office building, constructed in 1990 and comprising five levels of office space and parking for 597 vehicles.

The property is currently leased to Westpac Banking Corporation, which occupies 100% of the property.

The building underwent an extensive refurbishment in 2016, which included base building works, upgrades to plant and equipment and tenant fitout works.

AUSTRALIAN TAXATION OFFICE

12–26 Franklin Street, Adelaide SA

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The Australian Taxation Office Adelaide is a modern, A-grade CBD high rise office tower, constructed in 2012. The building comprises 17 levels of office space and basement parking for 114 vehicles. The building has been certified with a 5 Star Green Star Office As Built v3 rating and a base building 5.5 star NABERS Energy rating.

The property is located within the core office precinct of the Adelaide CBD and forms part of the City Central precinct, a redevelopment that includes the existing GPO building.

The building is fully leased to four tenants including the major tenant, the Commonwealth of Australia (represented by the Australian Taxation Office).

Summary

Summary
Tenancy statistics
Major tenants
NLA (sqm)
Year built (or refurbished)
1990 (2016)
Grade
A
Ownership
50.1%
Total NLA (sqm)
31,724
Typical floor plate (sqm)
5,226
Car spaces
597
WALE (by income)
17.0 years
Occupancy
100%
Westpac Banking Corporation
31,724
Year built (or refurbished) 2013
Grade A
Ownership 100%
Total NLA (sqm) 36,802
Typical floor plate (sqm) 1,769–2,513
Car spaces 114
WALE (by income) 9.8 years
Occupancy 100%
Commonwealth Government 30,979
Australia Post 5,291

CHARTER HALL PROPERTY PORTFOLIO

DIVERSIFIED SECTOR 148 CHARTER HALL LONG WALE REIT

AUSTRALIA POST

Australia Post Business Hub, Kingsgrove NSW

==> picture [188 x 132] intentionally omitted <==

The property comprises a modern office and warehouse facility of 6,729 square metres situated on a site of 1.4 hectares fully leased to Australia Post. The property was purpose built for Australia Post and has been configured to comprise ground floor post bike storage, post office, mail sorting area and rear warehousing together with first floor offices.

The property is located within the Kingsgrove industrial precinct, some 13 kilometres south-west of the Sydney CBD and features convenient access to the M5 Motorway, Sydney Airport and Port Botany.

Summary

Summary
Tenancy statistics
Major tenants
(GLA sqm)
Year built (or refurbished)
2011
Ownership
100%
Total GLA (sqm)
6,729
WALE (by income)
9.0years
Occupancy
100%
Australia Post
6,729

12 LANCLEY PLACE

Artarmon NSW

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The property comprises a purpose built waste transfer station, with the main building built over two levels. The building provides a large central floor opening with four pits which permit gravity processing to various waste packers below and an overhead deodoriser. The pits transfer waste from the sorting floor of the warehouse into transfer vehicles to take the waste to offsite landfill.

Located in a tightly-held industrial precinct in Artarmon, the property benefits from easy access to the pacific Highway and Gorehill Freeway. The property is situated in a cul-de-sac among well established industrial properties and close to the North Shore Private Hospital. The property is located 7 kilometres north of the Sydney CBD and 3 kilometres north of North Sydney.

Year built (or refurbished) 1995
Ownership 100%
Total GLA (sqm) 4,309
WALE (by income) 29.5years
Occupancy 100%
SUEZ 4,309

CHARTER HALL PROPERTY PORTFOLIO

DIVERSIFIED SECTOR 149 CHARTER HALL LONG WALE REIT

Summary

Tenancy statistics

Major tenants (GLA sqm)

20 DAVIS ROAD Wetherill Park NSW

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The property comprises a purpose built waste transfer station and weighbridge. The building has a two storey office component at the front and large open span waste processing area to the rear. The warehouse is accessed via multiple roller shutter doors and offers internal clearances ranging from 8.9–9.2 metres. A large awning provides all weather loading and additional undercover storage. The site offers full drive around capability providing excellent vehicle circulation.

The property is surrounded by traditional industrial developments of low to high clearance warehouses and other operations. Wetherill Park is located approximately 30 kilometres west of the Sydney CBD and enjoys excellent access to major Sydney arterial road networks including the Prospect Highway, Cumberland Highway, the M4, M5 and M7 Motorways.

Year built (or refurbished) 1993
Ownership 100%
Total GLA (sqm) 3,975
WALE (by income) 9.5years
Occupancy 100%
SUEZ 3,975

201–205 NEWTON ROAD

Wetherill Park NSW

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The property comprises an office component over two levels adjoining warehouse amenity. The main warehouse provides open plan storage and operational uses, with the second and smaller one offering paint and wash bay facilities. Both warehouses comprise multiple roller door access. The property also comprises extensive hardstand areas and staff parking.

The property is situated on the northern side of Newton Road between Coates Place and Hexham Place and is surrounded by traditional industrial developments of low to high clearance warehouses and other operations. Wetherill Park is located approximately 30 kilometres west of the Sydney CBD and enjoys excellent access to major Sydney arterial road networks including the Prospect Highway, Cumberland Highway, the M4, M5 and M7 Motorways.

Year built (or refurbished) 1991
Ownership 100%
Total GLA (sqm) 2,987
WALE (by income) 4.5years
Occupancy 100%
SUEZ 2,987

CHARTER HALL PROPERTY PORTFOLIO

DIVERSIFIED SECTOR 150 CHARTER HALL LONG WALE REIT

COATES HIRE

29–47 Mudgee Street, Kingston Qld

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The property was purpose built in 2012 for Coates Hire and is situated on a site with a usable area of 5.9 hectares located in the established industrial locality of Kingston, approximately 24 kilometres south-east of the Brisbane CBD.

The property features extensive hardstand used for the storage of rental equipment and has significant exposure to the Logan Motorway, one of South-East Queensland’s busiest transport routes.

Summary
Tenancy statistics
Major tenants
(GLA sqm)
Year built (or refurbished)
2012
Ownership
100%
Total GLA (sqm)
1,835
WALE (by income)
15.7years
Occupancy
100%
Coates Hire
1,835

GRACE WORLDWIDE

420 Sherbrooke Road, Willawong Qld

==> picture [188 x 131] intentionally omitted <==

The property is a modern warehouse facility located at Willawong, 15 kilometres south of Brisbane’s CBD with easy access and egress to the Logan Motorway, the Ipswich Motorway and the Brisbane CBD.

The facility comprises an area of 22,108 square metres of generic warehousing and is situated on a site of 3.9 hectares.

Grace Worldwide is one of the largest record management, removals and storage companies in Australasia.

Year built (or refurbished) 2011
Ownership 100%
Total GLA (sqm) 22,108
WALE (by income) 6.1years
Occupancy 100%
Grace Worldwide 22,108

CHARTER HALL PROPERTY PORTFOLIO

DIVERSIFIED SECTOR 151 CHARTER HALL LONG WALE REIT

28 WEYBA STREET

Lower Nudgee Qld

==> picture [188 x 132] intentionally omitted <==

The property incorporates an office building with adjoining workshop, separate covered refuelling facility, a separate container building and concrete paved driveways and hardstand area.

The property is located centrally within the Banyo industrial precinct, being only a short distance from major thoroughfare Nudgee Road. This central north side location provides excellent access to all northern arterial routes including Gateway Motorway and is close to Brisbane Airport and Port of Brisbane.

Summary
Tenancy statistics
Major tenants
(GLA sqm)
Year built (or refurbished)
1985
Ownership
100%
Total GLA (sqm)
1,760
WALE (by income)
19.5years
Occupancy
100%
SUEZ
1,760

ELECTROLUX

76–80 Howards Road, Beverley SA

==> picture [188 x 132] intentionally omitted <==

The property is a modern logistics facility incorporating a high clearance warehouse with attached air conditioned offices and showroom that has a combined Gross Lettable Area of 25,562 square metres. The facility was completed in December 2012 and was purpose built for Electrolux. The property is situated on a site of 3.9 hectares in the inner ring suburb of Beverley, approximately 6 kilometres north-west of the Adelaide CBD in an established industrial precinct, with good access to major arterial roads and in close proximity to the Adelaide Airport and Port of Adelaide.

Year built (or refurbished) 2012
Ownership 100%
Total GLA (sqm) 25,562
WALE (by income) 7.4years
Occupancy 100%
Electrolux 25,562

CHARTER HALL PROPERTY PORTFOLIO

DIVERSIFIED SECTOR 152 CHARTER HALL LONG WALE REIT

COLES DISTRIBUTION CENTRE TRUGANINA

485 Dohertys Road, Truganina Vic.

==> picture [188 x 132] intentionally omitted <==

A purpose built Coles distribution centre completed in 2012. The building provides 69,074 square metres of GLA, of which 2,559 square metres is ambient temperature controlled. Ancillary improvements include canopies of 10,217 square metres, two weighbridges, a turnstile entrance, an outdoor canteen, a truck parking area and an onsite staff car parking for 502 cars. There is expansion capacity for circa 10,000 square metres of GLA on 1.6 hectares of land to the west of the existing improvements.

TOLL

13–20 Horsburgh Drive, Altona North Vic.

==> picture [188 x 132] intentionally omitted <==

A modern logistics facility of 6,310 square metres that is situated on a site of 4.9 hectares. Constructed in 2010, the property is located in Altona North, 14 kilometres west of Melbourne’s CBD with direct access to the West Gate Freeway, the Port of Melbourne and Melbourne Airport.

The property provides an extensive auto storage hardstand area that occupies the majority of the site and consists of truck parking areas, car storage, pull up and car parking.

Truganina is situated approximately 20 kilometres west of the Melbourne CBD and is set to benefit from a number of proposed infrastructure projects including the Western Distributor, the M80 Ring Road Upgrade, the Palmers Road Corridor and the Western Interstate Freight Terminal.

Summary

Tenancy statistics

Major tenants (GLA sqm)

Year built (or refurbished) 2012
Ownership 50%
Total GLA (sqm) 69,074
WALE (by income) 15.0years
Occupancy 100%
Coles 69,074
Year built (or refurbished) 2010
Ownership 100%
Total GLA (sqm) 6,310
WALE (by income) 8.4years
Occupancy 100%
Toll 6,310

CHARTER HALL PROPERTY PORTFOLIO

DIVERSIFIED SECTOR 153 CHARTER HALL LONG WALE REIT

WOOLWORTHS DIST. CENTRE DANDENONG[1] 255 Glasscocks Road, Dandenong Vic.

==> picture [188 x 131] intentionally omitted <==

----- Start of picture text -----

Artist’s Impression
----- End of picture text -----

Upon completion in 2018 the property will comprise a state of the art distribution centre of approximately 70,431 square metres, purpose built for Woolworths on a site of approximately 15.9 hectares. The warehouse will be partitioned into various storage components and will feature three varying clearance heights from approximately 6 metres to 45 metres.

WOOLWORTHS DIST. CENTRE HOPPERS CROSSING

364–426 Old Geelong Road, Hoppers Crossing Vic.

==> picture [188 x 132] intentionally omitted <==

The property comprises a logistics facility situated on a site of 14.5 hectares in the established industrial locality of Hoppers Crossing, approximately 21 kilometres south-west of Melbourne CBD. The facility comprises 52,364 square metres GLA with canopies, loading docks of a further 5,354 square metres and expansion land of approximately 27,000 square metres.

The warehouse will have extensive loading facilities, hardstand and truck parking. Woolworths will invest a significant amount of capital in the internal fitout of the facility including extensive automation systems. The warehouse will be located within the Portlink Estate adjacent to a proposed inland port which will provide direct access to the Port of Melbourne. The estate is located in Dandenong South, approximately 36 kilometres south-east of the Melbourne CBD.

Summary

Summary
Tenancy statistics
Major tenants
Year built (or refurbished)
2018
Ownership
26.0%
Total GLA (sqm)
70,431
WALE (by income)
20.0years
Occupancy
100%
Woolworths
70,431

Major tenants (GLA sqm)

Year built (or refurbished) 1990 (2010)
Ownership 100%
Total GLA (sqm) 52,364
WALE (by income) 3.5years
Occupancy 100%
Woolworths 52,364
  1. All metrics for Woolworths Dandenong DC are presented on a forecast as completed basis.

CHARTER HALL PROPERTY PORTFOLIO

DIVERSIFIED SECTOR 154 CHARTER HALL LONG WALE REIT

64–84 WATERVIEW CLOSE Dandenong South Vic.

==> picture [188 x 132] intentionally omitted <==

The property comprises a purpose built industrial complex including office, warehouse with associated hardstand and parking areas. The offices are constructed over two levels, with one warehouse adjoining and the other being freestanding. Both have reasonable internal clearances and are accessed via multiple roller doors.

The property is situated within the well established Dandenong industrial precinct being approximately 40 kilometres south east of the Melbourne CBD. A number of primary arterial roads including the South Gippsland Highway, South Gippsland Freeway and Princess Highway are all in close proximity. Surrounding development generally comprises modern warehouses and other industrial improvements.

Summary

Summary
Tenancy statistics
Major tenants
(GLA sqm)
Year built (or refurbished)
1991
Ownership
100%
Total GLA (sqm)
2,767
WALE (by income)
9.5years
Occupancy
100%
SUEZ
2,767

71 BOSWORTH ROAD

Bairnsdale Vic.

==> picture [188 x 132] intentionally omitted <==

The property comprises two small industrial buildings with an amenities block and a residence along with surplus land and yard with drive around access.

The property is located within the industrial precinct of Bairnsdale in Gippsland Victoria being approximately 2 kilometres south of the Bairnsdale town centre and 230 kilometres east of the Melbourne CBD. The premises are accessed via Bairnsdale Road which links to the Princess Highway approximately 1.5 kilometres to the east.

Year built (or refurbished) 1979
Ownership 100%
Total GLA (sqm) 387
WALE (by income) 1.5years
Occupancy 100%
SUEZ 387

CHARTER HALL PROPERTY PORTFOLIO

DIVERSIFIED SECTOR 155 CHARTER HALL LONG WALE REIT

252–254 REX ROAD Campbellfield Vic.

==> picture [188 x 132] intentionally omitted <==

Erected on the land is an office building, two adjoining workshops, spry painting shed, lunch room, amenities, truck wash and on-site parking.

Located in Campbellfield approximately 25 kilometres north of the Melbourne CBD, the location offers excellent connectivity to Sydney Road/Hume Highway, the Hume Freeway and the Metropolitan Ring/Western Ring Roads. The property is situated within a well establish industrial precinct which generally comprises a mixture of older style and modern warehouse properties.

Summary
Tenancy statistics
Major tenants
(GLA sqm)
Year built (or refurbished)
1991
Ownership
100%
Total GLA (sqm)
1,537
WALE (by income)
1.5years
Occupancy
100%
SUEZ
1,537

COLES DISTRIBUTION CENTRE PERTH

136 Horrie Miller Drive, Perth WA

==> picture [188 x 132] intentionally omitted <==

The property is a logistics facility with a GLA of 81,647 square metres purpose built for Coles and is located on a 25.0 hectare site strategically situated within Perth Airport, 10 kilometres east of the Perth CBD.

Perth Airport is one of the major logistics hubs in Western Australia, with tenants including Woolworths, Toll, Electrolux and Linfox. The facility comprises a combination of ambient, temperature controlled and freezer facilities together with an administration office and amenities. The property operates as a regional distribution centre for Coles servicing the whole of Western Australia from this location.

Year built (or refurbished) 2008
Ownership 49.9%
Total GLA (sqm) 81,647
WALE (by income) 10.9years
Occupancy 100%
Coles 81,647

CHARTER HALL PROPERTY PORTFOLIO

DIVERSIFIED SECTOR CHARTER HALL LONG WALE REIT

156

METCASH DISTRIBUTION CENTRE

218 Bannister Road, Canningvale WA

==> picture [188 x 132] intentionally omitted <==

The property incorporates a purpose built logistics facility 100% occupied by Metcash, having a Gross Lettable Area of 98,295 square metres located within the land constrained core industrial precinct of Canning Vale approximately 14 kilometres south-east of the Perth CBD. Located on the site are six primary buildings, five of which were constructed in the 1990’s, with the sixth most recent building, a meat processing facility, having been constructed in 2010. The improvements are situated on a large land holding of 20.9 hectares with the ability to provide multi-tenant accommodation and possible future expansion.

Summary
Tenancy statistics
Major tenants
(GLA sqm)
Year built (or refurbished)
2011
Ownership
100%
Total GLA (sqm)
98,295
WALE (by income)
6.6years
Occupancy
100%
Metcash
98,295

15 ATTWELL STREET

Landsdale WA

==> picture [188 x 132] intentionally omitted <==

The property incorporates a waste processing, recycling, collection and storage facility with associated single level office building. The warehouse and work shop areas have reasonable to high clearances and are accessed by multiple roller doors. There is also a storage shed and wash bay on-site.

Welshpool is known as the heart of Perth’s industrial locations, being approximately 10 kilometres south-east of the Perth CBD and having excellent access to major roads and highways including Welshpool Road, Orrong Road, Kewdale Road, Roe Highway and Tonkin Highway. Surrounding development includes modern and older style warehouses, distribution facilities and transport centres.

Year built (or refurbished)
Ownership 100%
Total GLA (sqm) 2,598
WALE (by income) 14.5years
Occupancy 100%
SUEZ 2,598

CHARTER HALL PROPERTY PORTFOLIO

DIVERSIFIED SECTOR 157 CHARTER HALL LONG WALE REIT

82 LEVIATHAN STREET South Boulder WA

==> picture [198 x 132] intentionally omitted <==

Erected on the land are two industrial buildings together with a covered wash bay and functional office building.

The property is located approximately 5 kilometres from Kalgoorie’s town centre and 600 kilometres east of Perth. The facility is situated within the South Boulder industrial precinct, which is well positioned to the Golden Mile and the Eastern Bypass Road.

Summary
Tenancy statistics
Major tenants
(GLA sqm)
Year built (or refurbished)
1992
Ownership
100%
Total GLA (sqm)
630
WALE (by income)
14.5years
Occupancy
100%
SUEZ
630

116 KURNALL ROAD

Welshpool WA

==> picture [188 x 132] intentionally omitted <==

The property incorporates a waste processing, recycling, collection and storage facility with associated single level office building. The warehouse and work shop areas have reasonable to high clearances and are accessed by multiple roller doors. There is also a storage shed and wash bay on-site.

Welshpool is known as the heart of Perth’s industrial locations, being approximately 10 kilometres south-east of the Perth CBD and having excellent access to major roads and highways including Welshpool Road, Orrong Road, Kewdale Road, Roe Highway and Tonkin Highway. Surrounding development includes modern and older style warehouses, distribution facilities and transport centres.

Year built (or refurbished) 1997
Ownership 100%
Total GLA (sqm) 3,460
WALE (by income) 14.5years
Occupancy 100%
SUEZ 3,460

CHARTER HALL PROPERTY PORTFOLIO

158

Bunnings South Mackay, Qld

CHARTER HALL PROPERTY PORTFOLIO

159

INDEX

OFFICE

CHARTER HALL PRIME OFFICE FUND (CPOF)

7

NEW SOUTH WALES

Western Sydney University, 1 Parramatta Square, Parramatta NSW 10 105 Phillip Street, Parramatta NSW 1 Shelley Street, Sydney NSW 167 Macquarie Street, Sydney NSW 333 George Street, Sydney NSW 9 Castlereagh Street, Sydney NSW 12 QUEENSLAND 100 Skyring Terrace, Brisbane Qld Brisbane Square, 266 George Street, Brisbane Qld 275 George Street, Brisbane Qld Northbank Plaza, 69 Ann Street, Brisbane Qld 900 Ann Street, Fortitude Valley, Qld 15 VICTORIA 11–33 Exhibition Street, Melbourne Vic. 55 King Street, Melbourne Vic. 570 Bourke Street, Melbourne Vic. 16 WESTERN AUSTRALIA 109 St Georges Terrace, Perth WA 225 St Georges Terrace, Perth WA 17 Bankwest Tower, Perth WA 18 Raine Square Retail, Perth WA 18 DEVELOPMENT SITES 11 Breakfast Creek Road, Newstead, Qld 19 GPO Tower, 10 Franklin Street, Adelaide SA 130 Lonsdale Street, Melbourne Vic. 20 CHARTER HALL OFFICE TRUST (CHOT) 21 NEW SOUTH WALES No. 1 Martin Place, Sydney NSW Citigroup Centre, 2 Park Street, Sydney NSW Allianz Centre, 2 Market Street, Sydney NSW The Denison, 65 Berry Street, North Sydney NSW 25 QUEENSLAND 175 Eagle Street, Brisbane Qld Capital Hill, 83-85 George Street, Brisbane Qld 26

VICTORIA

NEW SOUTH WALES

VICTORIA NEW SOUTH WALES
150 Lonsdale Street, Melbourne Vic. 27 Wentworth Place, 9 Wentworth Street, Parramatta NSW 44
171 Collins Street, Melbourne Vic. 27 657 Pacific Highway, St Leonards NSW 44
Argus Centre, 300 La Trobe Street, Melbourne Vic. 28 QUEENSLAND
WESTERN AUSTRALIA ANZAC Square, 200 Adelaide Street, Brisbane Qld 45
Eastpoint Plaza, 233-237 Adelaide Terrace, Perth WA 28 TASMANIA
OFFICE MANDATES AND PARTNERSHIPS 29 Lands Building, 134 Macquarie Street, Hobart Tas. 45
NEW SOUTH WALES VICTORIA
1 Shelley Street, Sydney NSW 29 Foxtel Building, 1–21 Dean Street, Moonee Ponds Vic. 46
QUEENSLAND WESTERN AUSTRALIA
Brisbane Square, 266 George Street, Brisbane Qld 29 Sevenoaks, 303 Sevenoaks Street, Cannington WA 46
275 George Street, Brisbane Qld 30 **CHARTER HALL DIRECT WORKZONE TRUST (CHIF9) ** 47
SOUTH AUSTRALIA
GPO Tower, 10 Franklin Street, Adelaide SA
30 WESTERN AUSTRALIA
WorkZone, 202 Pier Street, Perth WA
47
WESTERN AUSTRALIA
Bankwest Place and Raine Square, Perth WA
30 CHARTER HALL DIRECT VA TRUST (CHIF10) 48
CHARTER HALL DIRECT OFFICE FUND (DOF) 31 QUEENSLAND
Virgin Australia Headquarters,
NEW SOUTH WALES 56 Edmondstone Road, Bowen Hills Qld 48
Western Sydney University,
1 Parramatta Square, Parramatta NSW
105 Phillip Street, Parramatta NSW
34
34
CHARTER HALL DIRECT
144 STIRLING STREET TRUST (CHIF8)
49
165 Walker Street, North Sydney NSW 35 WESTERN AUSTRALIA
Westpac, 4–16 Montgomery Street, Kogarah NSW 35 Hatch Building, 144 Stirling Street, Perth WA 49
68 Pitt Street, Sydney NSW 36
QUEENSLAND
100 Skyring Terrace, Brisbane Qld 36
900 Ann St, Fortitude Valley, Qld 37
VICTORIA
Coles HQ, 800 Toorak Road, Hawthorn East Vic. 37
1 Nicholson Street, Melbourne Vic. 38
200 Queen Street, Melbourne Vic. 38
WESTERN AUSTRALIA
181 St Georges Terrace, Perth WA 39
PFA DIVERSIFIED PROPERTY TRUST (PFA) 41

CHARTER HALL PROPERTY PORTFOLIO

160

INDEX

INDUSTRIAL

CHARTER HALL PRIME INDUSTRIAL FUND (CPIF)

51

SOUTH AUSTRALIA

LAND

CHARTER HALL PRIME INDUSTRIAL FUND (CPIF) 51 SOUTH AUSTRALIA LAND
NEW SOUTH WALES
Chatswood Business Park,
372 Eastern Valley Way, Chatswood NSW
Chullora Distribution Facility, 24 Muir Road, Chullora NSW
Chullora Industrial Park, 56 Anzac Street, Chullora NSW
Chullora Logistics Park (Lion & Fastway),
2 Hume Highway, Chullora NSW
Greenacre Logistics Facility,
1 Moondo Street, Greenacre NSW
Huntingwood Industrial Estate,
11–15 Huntingwood Drive, Huntingwood NSW
M5/M7 Logistics Park (Stage 1 & Stage 2)
290 Kurrajong Road, Prestons NSW
Minto Distribution Centre, 42 Airds Road, Minto NSW
Prestons Distribution Facility,
402 Hoxton Park Road, Prestons NSW
Rosehill Distribution Centre, 5 Devon Street, Rosehill NSW
Smithfield Distribution Facility,
15–17 Long Street, Smithfield NSW
Wetherill Park Distribution Centre,
300 Victoria Street, Wetherill Park NSW
Worth Street Distribution Centre,
21 Worth Street, Chullora NSW
54
54
55
55
56
56
57
57
58
58
59
59
60
Gillman Distribution Centre,
Lot 2, Grand Trunkway, Gillman SA
TASMANIA
Translink Distribution Centre,
4–20 Translink Avenue, Launceston Tas.
VICTORIA
Alex Fraser, Clarinda, 275–315 Kingston Road, Clarinda Vic.
Alex Fraser, Epping, 455 Cooper Street, Epping Vic.
Alex Fraser, Laverton North,
9–19 Alex Fraser Drive, Laverton North Vic.
Altona Logistics Facility,
810–848 Kororoit Creek Road, Altona North Vic.
Boundary Logistics Centre,
415–423 Boundary Road, Truganina Vic.
Dandenong Distribution Centre,
225 Glasscocks Road, Dandenong South Vic.
Discovery Industrial Estate,
Discovery Road, Dandenong South Vic.
Fitzgerald Road Distribution Centre,
63–83 Fitzgerald Road, Laverton Vic.
Laverton Logistics Centre,
32–58 William Angliss Drive, Laverton Vic.
Parkwest Industrial Estate, Parkwest Drive, Derrimut Vic.
64
65
65
66
66
67
67
68
68
69
69
70
Chullora Logistics Park, 2 Hume Highway, Chullora NSW
M5/M7 Logistics Park, 290 Kurrajong Road, Prestons NSW
Huntingwood Logistics Park,
30 Huntingwood Drive, Huntingwood NSW
Motorway Industrial Park,
230–238 Gilmore Road, Berrinba Qld
Sherbrooke Industrial Park,
450 Sherbrooke Road, Willawong Qld
TradeCoast Industrial Park, 200 Holt Street, Pinkenba Qld
CORE LOGISTICS PARTNERSHIP (CLP)
NEW SOUTH WALES
Chullora Distribution Facility NSW
Smithfield Logistics Centre NSW
Yennora Distribution Facility NSW
QUEENSLAND
Cascade Distribution Centre, Connectwest Industrial Park Qld
Murarrie Distribution Centre Qld
SOUTH AUSTRALIA
Edinburgh Parks Distribution Centre SA
Gepps Cross Distribution Centre SA
TASMANIA
Translink Distribution Centre Tas.
74
74
75
75
76
76
78
80
80
80
80
80
80
80
80
NORTHERN TERRITORY
East Arm Port Distribution Facility,
14 Dawson Street, East Arm Darwin NT
QUEENSLAND
Berrinba Distribution Centre, 29 Forest Way, Berrinba Qld
Hemmant Industrial Park, 1495–1517 Lytton Road
60
61
Somerton Logistics Centre, Somerton Vic.
Truganina Distribution Facility,
485 Dohertys Road, Truganina Vic.
WESTERN AUSTRALIA
Canning Vale Distribution Centre,
2 Bannister Road, Canning Vale WA
70
71
71
VICTORIA
Courier Please Distribution Centre Vic.
Laverton Cold Storage Distribution Centre,
Drystone Estate Vic.
Mulgrave Distribution Facility Vic.
ParkWest Industrial Park Vic.
80
80
80
80
and 80 Canberra Street, Hemmant Qld 61 Canning Vale Logistics Centre, Rand Distribution Centre Vic. 80
Holt Street Distribution Centre,
180 Holt Street, Pinkenba Qld
Main Beach Distribution Centre,
30–56 Main Beach Road, Pinkenba Qld
Motorway Industrial Park (QLS),
230–238 Gilmore Road, Berrinba Qld
62
62
63
38 Bannister Road, Canning Vale WA
Kewdale Distribution Centre,
123–135 Kewdale Road, Kewdale WA
Stockyards Industrial Estate,
Stockyards Lane, Hazlemere WA
Welshpool Distribution Centre,
72
72
73
Reject Shop Distribution Centre, Drystone Estate Vic.
Scoresby Distribution Centre Vic.
Target Distribution Centre, Drystone Estate Vic.
Truganina Logistics Park Vic.
Woolworths Distribution Centre, Drystone Estate Vic.
80
80
80
80
80
Peachey Road Distribution Centre, 103 Welshpool Road, Welshpool WA 73
Lot 3 Peachey Road, Yatala Qld 63
Willawong Logistics Facility,
237 Gooderham Road, Willawong Qld 64

CHARTER HALL PROPERTY PORTFOLIO

161

INDEX

INDUSTRIAL

WESTERN AUSTRALIA CHARTER HALL DIRECT INDUSTRIAL FUND
Stockyards Industrial Estate WA 80 NO.3 (DIF3) 89
Hazelmere Distribution Centre WA
Welshpool Industrial Centre WA
80
80
NEW SOUTH WALES
1 Culverston & 21 Huntsmore Roads, Minto NSW
92
LAND 34–42 Tyrone Place, Erskine Park NSW 92
Drystone Estate Vic. 80 54 Tyrone Place, Erskine Park NSW 93
Connectwest Industrial Park Qld 80 QUEENSLAND
CHARTER HALL DIRECT INDUSTRIAL FUND 45 Kiln Street, Darra Qld 93
NO.2 (DIF2) 81 SOUTH AUSTRALIA
NEW SOUTH WALES Coles Distribution Centre, 2 Sturton Road, Adelaide SA 94
St Marys Logistics Facility,
10–38 Forrester Road, St Marys NSW
Campbelltown Distribution Centre,
6 Hepher Road, Campbelltown NSW
84
84
VICTORIA
Dandenong Distribution Centre,
225 Glasscocks Road, Dandenong South Vic.
94
Ingleburn Distribution Centre, WESTERN AUSTRALIA
6 Benson Road, Ingleburn NSW 85 Bassendean Industrial Estate,
QUEENSLAND
Cleveland Distribution Centre,
170 Railway Parade, Bassendean WA
Coles Distribution Centre, 136 Horrie Miller Drive, Perth WA
95
95
24–30 Enterprise Street, Cleveland Qld 85 DIRECT INDUSTRIAL FUND NO.4 97
SOUTH AUSTRALIA NEW SOUTH WALES
Coles Distribution Centre, 2 Sturton Road, Adelaide SA 86 115–121 Jedda Road, Prestons NSW 100
VICTORIA SOUTH AUSTRALIA
Rondo Facility, 1 Columbia Court, Dandenong South Vic. 86 Edinburgh Parks Distribution Centre,
Rowville Distribution Centre, 27–35 Sturton Road, Edinburgh SA 100
15–21 Enterprise Drive, Rowville Vic. 87 WESTERN AUSTRALIA
Thomastown Distribution Centre,
311 Settlement Road, Thomastown Vic.
87 13–39 Pilbara Road, Welshpool WA
CHARTER HALL DIRECT CDC TRUST (CDC)
101
102
WESTERN AUSTRALIA
Coles Distribution Centre, 136 Horrie Miller Drive, Perth WA
Bibra Lake Distribution Centre,
88 SOUTH AUSTRALIA
Coles Distribution Centre, 2 Sturton Road, Adelaide SA
102
1 Howson Way, Bibra Lake WA 88

RETAIL

CHARTER HALL PRIME RETAIL FUND 105
NEW SOUTH WALES
Campbelltown Mall,
271 Queen Street, Campbelltown NSW 106
CHARTER HALL RETAIL REIT (CQR) 107
AUTRALIAN CAPITAL TERRITORY
Dickson Woolworths, Dickson ACT 109
Erindale Shopping Centre, Wanniassa ACT 109
Manuka Terrace, Manuka ACT 109
NEW SOUTH WALES
Balo Square, Moree NSW 111
Bateau Bay Square, Bateau Bay NSW 111
Carnes Hill Marketplace, Horningsea Park NSW 111
Cootamumdra Woolworths, Cootamumdra NSW 111
Cooma Woolworths, Cooma NSW 111
Dubbo Square, Dubbo NSW 111
Earlwood Coles, Earlwood NSW 111
Goonellabah Village, Goonellabah NSW 111
Gordon Village Centre, Gordon NSW 111
Goulburn Square, Goulburn NSW 111
Highlands Marketplace, Mittagong NSW 111
Jerrabomberra Village, Jerrabomberra NSW 111
Kings Langley Shopping Centre, Kings Langley NSW 111
Lake Macquarie Fair, Mount Hutton NSW 111
Morisset Square Shopping Centre, Morisset NSW 111
Mount Hutton Plaza, Mount Hutton NSW 111
Mudgee Metroplaza, Mudgee NSW 111
Narrabi Coles, Narrabi NSW 111
Orange Central Square, Orange NSW 111
Parkes Metroplaza, Parkes NSW 111
Pemulwuy Marketplace, Greystanes NSW 111
Rosehill Woolworths, Rosehill NSW 111
Rutherford Marketplace, Rutherford NSW 111
Singleton Square and Plaza, Singleton NSW 111
Sunnyside Mall, Murwillumbah NSW 111
Tamworth Square, Tamworth NSW 111
Thornleigh Marketplace, Thornleigh NSW 111
Tumut Coles, Tumut NSW 111
West Ryde Marketplace, West Ryde NSW 111
Young Woolworths, Young NSW 111

CHARTER HALL PROPERTY PORTFOLIO

162

INDEX

RETAIL

NORTHERN TERRITORY

NORTHERN TERRITORY
Katherine Shopping Centre, Katherine NT 112
QUEENSLAND
Albany Creek Square, Albany Creek Qld
Allenstown Square, Rockhampton Qld
Arana Hills Plaza, Arana Hills Qld
Atherton Square, Atherton Qld
Bay Plaza, Hervey Bay Qld
Bribie Island Shopping Centre, Bribie Island Qld
Coomera Square, Coomera Qld
114
114
114
114
114
114
114
Currimundi Markets, Currimundi Qld 114
Gatton Plaza, Gatton Qld 114
Gladstone Square, Gladstone Qld 114
Kallangur Fair, Kallangur Qld
Mareeba Square, Mareeba Qld
Moranbah Fair, Moranbah Qld
Springfield Fair, Springfield Qld
Sydney Street Markets, Mackay Qld
114
114
114
114
114
SOUTH AUSTRALIA
Brickworks Marketplace, Torrensville SA 115
Renmark Square, Renmark SA 115
Southgate Square, Morphett Vale SA 115
Wharflands Plaza, Port Augusta SA 115
TASMANIA
Smithton Woolworths, Smithton Tas. 116
Wynyard Woolworths, Wynyard Tas. 116
VICTORIA
Bairnsdale Coles, Bairnsdale Vic. 117
Kerang Safeway, Kerang Vic. 117
Kyneton Shopping Centre, Knyeton Vic. 117
Lansell Square, Bendigo Vic. 117
Moe Coles, Moe Vic. 117
Rosebud Plaza, Rosebud Vic. 117

WESTERN AUSTRALIA

Albany Plaza, Albany WA 118
Carnarvon Central, Carnarvon WA 118
Esperance Boulevard, Esperance WA 118
Kalgoorlie Central, Kalgoorlie WA 118
Maylands Coles, Maylands WA 118
Narrogin Coles, Narrogin WA 118
Secret Harbour Square, Secret Harbour WA 118
South Hedland Square, South Hedland WA 118
Swan View Shopping Centre, Swan View WA 118
Wanneroo Central, Wanneroo WA 118
RETAIL PARTNERSHIP NO.1 (RP1) 119
NEW SOUTH WALES
Carnes Hill Marketplace, Horningsea Park NSW 121
Highlands Marketplace, Mittagong NSW 121
Pemulwuy Marketplace, Greystanes NSW 121
Rutherford Marketplace, Rutherford NSW 121
Thornleigh Marketplace, Thornleigh NSW 121
West Ryde Marketplace, West Ryde NSW 121
QUEENSLAND
Gladstone Square, Gladstone Qld 121
SOUTH AUSTRALIA
Brickworks Marketplace, Torrensville SA 121
WESTERN AUSTRALIA
Wanneroo Central, Wanneroo WA 121
RETAIL PARTNERSHIP NO.2 (RP2) 123
NEW SOUTH WALES
Bateau Bay Square, Bateau Bay NSW 124
RETAIL PARTNERSHIP NO.6 (RP6) 125
NEW SOUTH WALES
Pacific Square, Maroubra NSW 126
Bass Hill Plaza, Bass Hill NSW 126

LONG WALE HARDWARE PARTNERSHIP (LWHP) 127

NEW SOUTH WALES
Bunnings, Gungahlin ACT 129
Bunnings, Castle Hill NSW 129
Bunnings, Chatswood NSW 129
Bunnings, Kingsgrove NSW 129
Bunnings, Kirrawee NSW 129
Bunnings, Marsden Park NSW 129
Bunnings, Narellan NSW 129
Masters, Northmead NSW 129
QUEENSLAND
Bunnings, Burleigh Heads Qld 129
Bunnings, Cairns Qld 129
Bunnings, Keperra Qld 129
Bunnings, Mackay South Qld1 129
Bunnings, Stafford Qld 129
Stafford Wiley Qld 129
Great Western Super Centre, Keppera Qld 129
VICTORIA
Bunnings, Dandenong Vic. 129
WESTERN AUSTRALIA
Bunnings, Armadale WA 129

CHARTER HALL PROPERTY PORTFOLIO

163

INDEX

RETAIL

LONG WALE INVESTMENT PARTNERSHIP (LWIP) 131

VICTORIA

LONG WALE INVESTMENT PARTNERSHIP (LWIP) 131 VICTORIA
NEW SOUTH WALES
Boomerang Hotel, Lavington NSW
Greenhouse Tavern, Coffs Harbour NSW
Westower Tavern, West Ballina NSW
132
132
132
Albion Charles Hotel, Northcote Vic.
Balaclava Hotel, St Kilda East Vic.
Cherry Hill Tavern, Doncaster Vic.
Coolaroo Hotel, Coolaroo Vic.
Croxton Park Hotel, Thornbury Vic.
132
132
132
132
132
QUEENSLAND Excelsior Hotel, Thomastown Vic. 132
Allenstown Hotel, Allenstown Qld 132 First & Last Hotel, Hadfield Vic. 132
Brunswick Hotel, New Farm Qld 132 Glengala Hotel, Sunshine Vic. 132
Buderim Tavern, Buderim Qld 132 Manhattan Hotel, Ringwood Vic. 132
Capalaba Tavern, Capabala Qld 132 Monash Hotel, Clayton Vic. 132
Commercial Hotel, Nerang Qld 132 Moreland Hotel, Brunswick Vic. 132
Dog and Parrot Hotel, Robina Qld 132 Oakleigh Junction Hotel, Oakleigh Vic. 132
Federal Hotel, Toowoomba Qld 132 Palace Hotel, Camberwell Vic. 132
Glenmore Tavern, Rockhampton Qld 132 Preston Hotel, Preston Vic. 132
Harvey Road Tavern, Clinton Qld 132 St Albans Hotel, St Albans Vic. 132
Highfields Tavern, Highfields Qld 132 Waltzing Matilda Hotel, Springvale Vic. 132
Hinterland Hotel Motel, Nerang Qld
Kawana Waters Hotel, Kawana Waters Qld
Old Sydney Hotel, Maryborough Qld
Parkwood Tavern, Parkwood Qld
Redbank Plains Tavern, Redbank Plains Qld
Royal Beenleigh Hotel, Beenleigh Qld
Russell Tavern, Dalby Qld
Villa Noosa Hotel, Noosaville Qld
Waterfront Hotel, Diddillibah Qld
132
132
132
132
132
132
132
132
132
WESTERN AUSTRALIA
Belmont Tavern, Cloverdale WA
Bull Creek Tavern, Bull Creek WA
Dunsborough Hotel, Dunsborough WA
Greenwood Hotel, Greenwood WA
Herdsman Lake Tavern, Wembley WA
Highway Hotel, Bunbury WA
Hyde Park Hotel, West Perth WA
Lakers Tavern, Thornline WA
132
132
132
132
132
132
132
132
SOUTH AUSTRALIA Peel Alehouse, Halls Head WA 132
Federal Hotel, Mt Gambier SA 132 Ship Inn, Busselton WA
Findon Hotel, Findon SA
Norwood Hotel, Norwood SA
Royal Oak, North Adelaide SA
132
132
132
LONG WALE INVESTMENT PARTNERSHIP
NO.2 (LWIP2)
133
Slug N Lettuce British Pub, Parafield Gardens SA 132 NEW SOUTH WALES
Victoria Hotel, O’Halloran Hill SA 132 Dan Murphy’s Mosman NSW 133
TASMANIA QUEENSLAND
Carlyle Hotel, Derwent Park Tas. 132 Blue Pacific Hotel, Woorim Qld 133
Gateway Inn Hotel, Devonport Tas. 132 Irish Finnegan’s Hotel, Thuringowa Central Qld 133
Riverside Hotel Motel, Riverside Tas. 132 Kondari Hotel & Resort Qld 133
The Royal Gatton, Gatton Qld 133
Upper Ross Hotel, Rasmussen Qld 133

VICTORIA

VICTORIA
Millers Inn, Altona Vic. 133
Royal Ferntree Gully Hotel Vic. 133
Seaford Hotel Vic. 133
CHARTER HALL DIRECT BW TRUST (CHIF11) 134
NEW SOUTH WALES
Bunnings, Armidale NSW 134
Bunnings, Rouse Hill NSW 134
Bunnings, Tarree NSW 134
VICTORIA
Bunnings, Rosebud Vic. 134
CHARTER HALL DIRECT AUTOMOTIVE TRUST (DAT) 135
NEW SOUTH WALES
2a Victoria Avenue, Castle Hill NSW 136
26/28 Waratah Street, Kirrawee NSW 136
QUEENSLAND
18-28 Anzac Avenue, Hillcrest Qld 137
CHARTER HALL DIRECT AUTOMOTIVE TRUST
NO.2 (DAT2) 138
NEW SOUTH WALES
375-377 Hume Highway, Liverpool, NSW 139
QUEENSLAND
Mount Gravatt Properties, Mount Gravatt, Qld 139
VICTORIA
Lot 1, 530 McDonalds Road, South Morang, Vic. 140
WESTERN AUSTRALIA
441-445 Waneroo RoadBalcatta, WA 140

CHARTER HALL PROPERTY PORTFOLIO

164

DIVERSIFIED

CHARTER HALL LONG WALE REIT 143
OFFICE
Westpac, 4–16 Montgomery Street, Kogarah NSW 147
Australian Taxation Office,
12–26 Franklin Street, Adelaide SA 147
INDUSTRIAL
Australia Post, Australia Post Business Hub,
Kingsgrove NSW 148
12 Lancley Place, Artarmon NSW 148
20 Davis Road, Wetherill Park NSW 149
201–205 Newton Road, Wetherill Park NSW 149
Coates Hire, 29–47 Mudgee Street, Kingston Qld 150
Grace Worldwide, 420 Sherbrooke Road, Willawong Qld 150
28 Weyba Street, Lower Nudgee Qld 151
Electrolux, 76–80 Howards Road, Beverley SA 151
Coles Distribution Centre Truganina,
485 Dohertys Road, Truganina Vic. 152
Toll, 13–20 Horsburgh Drive, Altona North Vic. 152
Woolworths Distribution Centre, Dandenong,
255 Glasscocks Road, Dandenong Vic. 153
Woolworths Distribution Centre, Hoppers Crossing
364–426 Old Geelong Road, Hoppers Crossing Vic. 153
64–84 Waterview Close, Dandenong South Vic. 154
71 Bosworth Road, Bairnsdale Vic. 154
252–254 Rex Road, Campbellfield Vic. 155
Coles Distribution Centre Perth,
136 Horrie Miller Drive, Perth WA 155
Metcash Distribution Centre,
218 Bannister Road, Canningvale WA 156
15 Attwell Street, Landsdale WA 156
82 Leviathan Street, South Boulder WA 157
116 Kurnall Road, Welshpool WA 157

RETAIL

RETAIL
Boomerang Hotel, Lavington NSW 146 Gateway Inn Hotel, Devonport Tas. 146
Greenhouse Tavern, Coffs Harbour NSW 146 Riverside Hotel Motel, Riverside Tas. 146
Westower Tavern, West Ballina NSW 146 Albion Charles Hotel, Northcote Vic. 146
Harvey Road Tavern, Clinton Qld 146 Balaclava Hotel, St Kilda East Vic. 146
Allenstown Hotel, Allenstown Qld 146 Cherry Hill Tavern, Doncaster Vic. 146
Brunswick Hotel, New Farm Qld 146 Coolaroo Hotel, Coolaroo Vic. 146
Buderim Tavern, Buderim Qld 146 Croxton Park Hotel, Thornbury Vic. 146
Capalaba Tavern, Capabala Qld 146 Excelsior Hotel, Thomastown Vic. 146
Commercial Hotel, Nerang Qld 146 First & Last Hotel, Hadfield Vic. 146
Dog and Parrot Hotel, Robina Qld 146 Glengala Hotel, Sunshine Vic. 146
Federal Hotel, Toowoomba Qld 146 Manhattan Hotel, Ringwood Vic. 146
Glenmore Tavern, Rockhampton Qld 146 Monash Hotel, Clayton Vic. 146
Highfields Tavern, Highfields Qld 146 Moreland Hotel, Brunswick Vic. 146
Hinterland Hotel Motel, Nerang Qld 146 Oakleigh Junction Hotel, Oakleigh Vic. 146
Kawana Waters Hotel, Kawana Waters Qld 146 Palace Hotel, Camberwell Vic. 146
Old Sydney Hotel, Maryborough Qld 146 Preston Hotel, Preston Vic. 146
Parkwood Tavern, Parkwood Qld 146 St Albans Hotel, St Albans Vic. 146
Redbank Plains Tavern, Redbank Plains Qld 146 Waltzing Matilda Hotel, Springvale Vic. 146
Royal Beenleigh Hotel, Beenleigh Qld 146 Belmont Tavern, Cloverdale WA 146
Russell Tavern, Dalby Qld 146 Bull Creek Tavern, Bull Creek WA 146
Villa Noosa Hotel, Noosaville Qld 146 Dunsborough Hotel, Dunsborough WA 146
Waterfront Hotel, Diddillibah Qld 146 Greenwood Hotel, Greenwood WA 146
Federal Hotel, Mt Gambier SA 146 Herdsman Lake Tavern, Wembley WA 146
Findon Hotel, Findon SA 146 Highway Hotel, Bunbury WA 146
Norwood Hotel, Norwood SA 146 Hyde Park Hotel, West Perth WA 146
Royal Oak, North Adelaide SA 146 Lakers Tavern, Thornline WA 146
Slug N Lettuce British Pub, Parafield Gardens SA 146 Peel Alehouse, Halls Head WA 146
Victoria Hotel, O’Halloran Hill SA 146 Ship Inn, Busselton WA 146
Carlyle Hotel, Derwent Park Tas. 146 Bunnings South Mackay, Qld 146

CHARTER HALL PROPERTY PORTFOLIO

165

FURTHER INFORMATION

ENQUIRIES

Philip Cheetham Head of Listed Investor Relations +61 2 8651 9214 [email protected]

Disclaimer:

This document has been prepared by Charter Hall Group (Charter Hall Limited (ABN 57 113 531 150) and Charter Hall Funds Management Limited (ABN 31 082 991 786) (AFSL 262861) as the responsible entity for Charter Hall Property Trust (ARSN 113 339 147) (together, the Charter Hall Group or the Group). It is a summary and does not purport to be complete. It is not intended to be relied upon as advice to investors or potential investors and does not take into account the investment objectives, financial situation or needs of any particular investor. A reader should, before making any decisions in relation to their investment or potential investment in the Charter Hall Group, seek their own professional advice. This document is not an offer or invitation for subscription or purchase of securities or other financial products.

Indications of, and guidance on, future earnings and financial position and performance are “forward-looking statements”. Due care and attention has been used in the preparation of any forward-looking statements. Such forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Group, that may cause actual results to differ materially from those expressed or implied in such statements. There can be no assurance that actual outcomes will not differ materially from these statements. Except as required by law, the Group does not undertake any obligation to publicly update or review any forward – looking statements, whether as a result of new information or future events.

This information has been made available to the recipient for information purposes only. It is not intended to be, and does not constitute a product disclosure statement, prospectus, short form prospectus or profile statement as those terms are defined in the Corporations Act. It does not constitute an offer for the issue, sale or purchase of any securities, or any recommendation in relation to investing in any asset. This document has been prepared without taking account of any particular investor’s objectives, financial situation or needs. For this reason, it is important that you consider the relevant PDS for the offer and consider whether to seek appropriate professional advice before making any investment decision. Entities within the Charter Hall Group may receive fees for managing the assets of, and providing resources to each Fund. For more detail on fees, see the relevant PDS.

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