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CHARTER HALL GROUP Interim / Quarterly Report 2018

Aug 23, 2018

64645_rns_2018-08-23_01f76ea7-8c99-469c-893d-ee0e8c1c4c22.pdf

Interim / Quarterly Report

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CHARTER HALL PROPERTY PORTFOLIO

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CHARTER HALL PROPERTY PORTFOLIO PERIOD ENDING 30 JUNE 2018

2 Market Street, Sydney NSW

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Lion Dairy & Drinks, Chullora Logistics Park NSW

2

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|||
|---|---|
|CONTENTS|
|CHARTER HALL GROUP|3|
|OUR FUNDS, PARTNERSHIPS & MANDATES|5|
|OFFICE|6|
|CHARTER HALL PRIME OFFICE FUND (CPOF)|7|
|CHARTER HALL OFFICE TRUST (CHOT)|23|
|OFFICE MANDATES AND PARTNERSHIPS|31|
|CHARTER HALL DIRECT OFFICE FUND (DOF)|35|
|DIRECT PFA FUND (PFA)|45|
|INDUSTRIAL|52|
|CHARTER HALL PRIME INDUSTRIAL FUND (CPIF)|53|
|CORE LOGISTICS PARTNERSHIP (CLP)|84|
|DIRECT INDUSTRIAL FUND NO.2 (DIF2)|87|
|DIRECT INDUSTRIAL FUND NO.3 (DIF3)|95|
|DIRECT INDUSTRIAL FUND NO.4 (DIF4)|103|
|CHARTER HALL DIRECT CDC TRUST (CHIF12)|108|
|RETAIL|110|
|CHARTER HALL PRIME RETAIL FUND (CPRF)|111|
|CHARTER HALL RETAIL REIT (CQR)|113|
|RETAIL PARTNERSHIP NO.1 (RP1)|123|
|RETAIL PARTNERSHIP NO.2 (RP2)|127|
|RETAIL PARTNERSHIP NO.6 (RP6)|129|
|LONG WALE HARDWARE PARTNERSHIP (LWHP)|131|
|LONG WALE INVESTMENT PARTNERSHIP (LWIP)|135|
|LONG WALE INVESTMENT PARTNERSHIP NO.2 (LWIP2)|137|
|CHARTER HALL DIRECT BW TRUST (CHIF11)|138|
|CHARTER HALL DIRECT AUTOMOTIVE TRUST (DAT)|139|
|CHARTER HALL DIRECT AUTOMOTIVE TRUST NO.2 (DAT2)|142|
|DIVERSIFIED|146|
|CHARTER HALL LONG WALE REIT (CLW)|147|
|CHARTER HALL DIRECT|
|DIVERSIFIED CONSUMER STAPLES FUND (DCSF)|163|
|INDEX|169|
|FURTHER INFORMATION|176|

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Secret Harbour Square, Secret Harbour WA

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 $23.2 billion.

We own and manage 330 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 2018

CHARTER HALL INVESTMENT PORTFOLIO AS AT 30 JUNE 2018

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Industrial Office
26% Industrial 40%
25%
Office
48%
Retail Retail
26% 35%
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Offce Retail Industrial Total
Properties 49 165 116 330
NLA (‘000 sqm)1 1,140 1,341 2,901 5,383
Value ($ billion) 11.1 6.1 6.1 23.2
Offce Retail Industrial Total
Investments ($ million) 680 607 420 1,706
  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 330 assets

2


PROPERTIES
Office
0
Retail
1
Industrial
1
45
PROPERTIES
QUEENSLAND
NORTHERN
TERRITORY
QUEENSLAND
NORTHERN
TERRITORY
re nta growt acr oss assets
83
PROPERTIES
Office
13
Retail
46
Industrial
24
WESTERN
AUSTRALIA
Office
5
Retail
25
Industrial
15
16
PROPERTIES
NEW SOUTH
WALES
VICTORIA
SOUTH
AUSTRALIA
ACT
7
PROPERTIES
96
PROPERTIES
75
PROPERTIES
Office
14
Retail
48
5
PROPERTIES
Industrial
34
Office
3
Retail
8
Industrial
5
Office
1
Retail
5
Industrial
1
TAS
Office Office
1
Retail Retail
4
Industrial
0

Note: Map excludes 1 New Zealand asset.

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 GEARING3 RATE(WACR) (YEARS) OCCUPANCY ($ MILLION)
OFFICE
Charter Hall Prime Offce Fund(CPOF) 24 $4,497.1 24.4% 5.32% 6.2 98.5% $258.8
Charter Hall Offce Trust(CHOT) 10 $2,863.7 40.7% 5.23% 4.3 98.3% $246.4
Charter Hall Direct Offce Fund(DOF) 11 $1,384.54 15.7% 5.63% 8.3 99.0%
Counter Cyclical Trust(CCT) 25 $462.55 36.2% 5.63% 5.3 94.2% $11.2
Direct PFA Fund(PFA) 7 $355.4 6.99% 8.2 100% $0.2
Brisbane Square Wholesale Fund(BSWF) 3 $1,115.1 43.3% 5.94% 8.3 93.5% $102.1
RETAIL
Charter Hall Prime Retail Fund(CPRF) 26 $272.56 43.2% 5.75% 4.0 94.7% $45.7
Charter Hall Retail REIT(CQR) 596 $2,851.36 32.7% 6.15% 6.6 98.1% $327.6
Retail PartnershipNo.1(RP1) 8 $526.8 27.3% 5.87% 9.3 98.3%
Retail PartnershipNo.2(RP2) 1 $232.0 43.0% 5.75% 4.9 96.9% $6.5
Retail PartnershipNo.6(RP6) 2 $278.0 32.6% 5.59% 4.5 93.6% $36.7
LongWALE Hardware Partnership (LWHP) 23 $995.6 32.5% 5.49% 8.9 99.6% $85.5
LongWALE Investment Partnership (LWIP) 57 $768.8 44.2% 5.89% 16.3 100% $21.1
LongWALE Investment PartnershipNo.2(LWIP2) 9 $160.9 33.6% 5.91% 17.0 99.2% $10.5
Charter Hall Direct BW Trust(CHIF11) 4 $96.6 33.4% 5.72% 6.8 100%
Charter Hall Direct Automotive Trust(DAT) 3 $112.9 45.7% 5.94% 10.3 100%
Charter Hall Direct Automotive Trust No.2(DAT2) 4 $90.4 43.7% 6.27% 11.1 100%
INDUSTRIAL
Charter Hall Prime Industrial Fund(CPIF) 53 $2,959.3 24.2% 5.95% 8.9 95.6% $121.0
Core Logistics Partnership (CLP) 27 $1,554.8 21.4% 5.99% 10.4 100% $148.8
Direct Industrial Fund No.2(DIF2) 10 $280.5 33.3% 6.33% 11.5 100%
Direct Industrial Fund No.3(DIF3) 8 $324.2 39.5% 6.16% 12.5 100%
Direct Industrial Fund No.4(DIF4) 3 $208.37 11.6% 6.31% 11.1 100% $30.8
Charter Hall Direct CDC Trust(CHIF12) 1 $87.4 41.6% 6.75% 8.6 100%
DIVERSIFIED
Charter Hall LongWALE REIT(CLW) 81 $1,525.2 30.6% 6.13% 10.8 100% $195.2
Charter Hall Direct Diversifed Consumer 6 $63.4 6.69% 8.6 100% $56.5
Staples Fund(DCSF)
  1. This excludes third party mandates that cannot be disclosed.

  2. Includes properties jointly owned across funds.

  3. Balance sheet gearing is calculated as drawn debt (net of cash) / assets (net of cash).

  4. Includes acquisition of 343 Albert Street, Brisbane in July 2018.

  5. Includes acquisition of Gateway Plaza in July 2018.

  6. Includes investment in CLP.

  7. Includes Investment in CPOF.

6

CHARTER HALL PROPERTY PORTFOLIO

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1 Shelley Street, Sydney NSW
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OFFICE
49 5.46%
NUMBER OF WEIGHTED AVERAGE
PROPERTIES CAPITALISATION
RATE (WACR)
98.2% 6.3 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

BY GROSS INCOME

BY GROSS INCOME

Government 21.5% Telstra Corporation 10.8% BankWest 5.1% Macquarie Group 5.0% Bupa 3.3% Allianz 3.0% Suncorp Metway 3.0% Western Sydney University 2.2% Vanguard Investments Australia Ltd 2.2% BHP 2.1%

Vacant 1.5% FY19 3.4% FY20 13.6% FY21 9.9% FY22 7.5% FY23 2.1% FY24 19.5% FY25 4.3% FY26 2.0% FY27+ 35.5%

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OFFICE SECTOR 8 CHARTER HALL PRIME OFFICE FUND

CHARTER HALL PROPERTY PORTFOLIO

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2 Market Street, Sydney NSW
GEOGRAPHICAL DIVERSIFICATION
BY CURRENT VALUE
1.3%
44.9%
10.3%
24.1% 19.4%
New South Wales
Queensland
Victoria
Western Australia
South Australia
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OFFICE SECTOR 9 CHARTER HALL PRIME OFFICE FUND

CHARTER HALL PROPERTY PORTFOLIO

PROPERTY PORTFOLIO

$4,497.1
TOTAL VALUE
OF PORTFOLIO (A$M)
5.32%
WEIGHTED AVERAGE
CAPITALISATION RATE
(WACR)
CPOF
OWNERSHIP
(%)
WALE
(YEARS)
WEIGHTED
AVG RENT
REVIEWS (%)
9 Castlereagh Street, Sydney NSW
100%
3.1
4.0%
231 Elizabeth Street, Sydney NSW
100%
1.9
4.3%
333 George Street, Sydney NSW
100%
7.6
3.8%
1 Shelley Street, Sydney NSW
50%
5.4
4.0%
2 Market Street, Sydney NSW
50%
2.5
4.1%
Western Sydney University
169 Macquarie Street, Parramatta NSW
50%
13.6
3.8%
105 Phillip Street, Parramatta NSW
50%
11.8
3.8%
167 Macquarie Street, Sydney NSW
100%
2.2
3.9%
Brisbane Square
266 George Street, Brisbane Qld
49.9%
11.0
3.4%
275 George Street, Brisbane Qld
50%
8.9
4.3%
100 Skyring Terrace, Brisbane Qld
50%
7.9
3.9%
Northbank Plaza
69 Ann Street, Brisbane Qld
50.1%
5.4
3.6%
900 Ann Street, Fortitude Valley Qld
50%
11.6
3.3%
570 Bourke Street, Melbourne Vic.
100%
7.5
3.7%
11–13 Exhibition St, Melbourne Vic.
100%
6.3
3.9%
990 La Trobe Street, Melbourne Vic.
100%
8.9
4.0%
55 King Street, Melbourne Vic.
100%
1.1
4.0%
BankWest Tower, Perth WA
49.9%
5.8
3.9%
225 St Georges Terrace, Perth WA
100%
3.4
3.5%
CPOF
OWNERSHIP
(%)
WALE
(YEARS)
WEIGHTED
AVG RENT
REVIEWS (%)
GPO Exchange, Adelaide SA
(Development)
100%

130 Lonsdale Street, Melbourne Vic.
(Development)
100%

Raine Square Retail, Perth WA
(Development)
49.9%

360 Queen Street, Brisbane Qld
(Site)
50%

11 Breakfast Creek Road, Newstead, Qld
(Site)
50%

TOTAL / WEIGHTED AVERAGE
6.2
3.9%

OFFICE SECTOR 10 CHARTER HALL PRIME OFFICE FUND

CHARTER HALL PROPERTY PORTFOLIO

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 77 vehicles.

Summary
Tenancy statistics
Major tenantsNLA (sqm)
Ratings
Year built (or refurbished)
1989 (2010)
Grade
A
Ownership
100%
Total NLA (sqm)
20,914
Typical floor plate (sqm)
585–775
Car spaces
77
WALE (by income)
3.1 years
Occupancy
95.0%
Compass
1,490
R/GA Media Group
1,133
NABERS Energy rating
4.5 star
NABERS Water rating
3 star

231 ELIZABETH STREET

Sydney NSW

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Competed in 1987, with a substantial refurbishment in 2010, 231 Elizabeth Street is an A-grade freehold building providing office accommodation across 15 levels. It occupies a substantial 2,350 square metre site with 3 street frontages and superb views overlooking Hyde Park and out towards the Sydney Harbour.

Year built (or refurbished) 1987 (2010)
Grade A
Ownership 100%
Total NLA (sqm) 23,275
Typical floor plate (sqm) ~ 1,740
Car spaces 80
WALE (by income) 1.9 years
Occupancy 100%
Telstra 23,217
NABERS Energy rating 5 star
NABERS Water rating 4 star

OFFICE SECTOR 11 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 13,873 square metres and 635 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
Tenancy statistics
Major tenantsNLA (sqm)
Ratings
Year built (or refurbished)
2016
Grade
A
Ownership
100%
Total NLA (sqm)
14,508
Typical floor plate (sqm)
220–975
Car spaces
17
WALE (by income)
7.6 years
Occupancy
100%
WeWork
4,300
Clyde & Co
4,184
NABERS Energy rating
N/A
NABERS Water rating
N/A
Green Star Office Design v3
5 star
Green Star Office As Built v3
5 star

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 5.4 years.

Year built (or refurbished) 2009
Grade A
Ownership 50%
Total NLA (sqm) 32,986
Typical floor plate (sqm) 2,300 / 3,600
Car spaces 268
WALE (by income) 5.4 years
Occupancy 100%
Macquarie Group 32,986
NABERS Energy rating 5 star
NABERS Water rating 4.5 star
Green Star Office Design v2 6 star
Green Star Office As Built v2 6 star

OFFICE SECTOR 12 CHARTER HALL PRIME OFFICE FUND

CHARTER HALL PROPERTY PORTFOLIO

2 MARKET STREET Sydney NSW

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An A-Grade office building, comprising two individual office buildings with basement parking for 286 cars, 11 retail tenancies, commercial gym, large foyer and commercial accommodation within the Tower building (17 levels) and the Forecourt building (6 levels).

The building was constructed in two stages with the original 24 storey Tower Building completed in 1991, whilst the seven-storey Forecourt building was completed in 2007.

Summary
Tenancy statistics
Major tenantsNLA (sqm)
Ratings
Year built (or refurbished)
2007
Grade
A
Ownership
50%
Total NLA (sqm)
39,757
Typical floor plate (sqm)
580–2,175
Car spaces
286
WALE (by income)
2.5 years
Occupancy
100%
Allianz
18,909
Caltex
9,201
NABERS Energy rating (tower / forecourt)
5 star / 5 star
NABERS Water rating (tower / forecourt)
3 star / 3.5 star

WESTERN SYDNEY UNIVERSITY

169 Macquarie Street, Parramatta NSW

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Completed in 2016, 14-level prime office tower with ground floor retail and two levels of basement parking (82 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.

Year built (or refurbished) 2016
Grade A
Ownership 50%
Total NLA (sqm) 26,500
Typical floor plate (sqm) 1,265–2,185
Car spaces 82
WALE (by income) 13.6 years
Occupancy 100%
Western Sydney University 26,500
Green Star Education Design v1 5 star
Green Star Education As Built v1 5 star

OFFICE SECTOR 13 CHARTER HALL PRIME OFFICE FUND

CHARTER HALL PROPERTY PORTFOLIO

105 PHILLIP STREET Parramatta NSW

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Recently completed A-grade building with strong environmental credentials.

The property is located in a strategically important location for the NSW Government, with a 12 year lease to the Department of Education and with fixed 3.8% annual reviews.

Summary
Tenancy statistics
Major tenantsNLA (sqm)
Ratings
Year built (or refurbished)
2018
Grade
A
Ownership
50%
Total NLA (sqm)
25,191
Typical floor plate (sqm)
420–2,515
Car spaces
48
WALE (by income)
11.8 years
Occupancy
100%
Department of Education
24,953
Green Star Office Design v3
6 star

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) 1970 (2005)
Grade A
Ownership 100%
Total NLA (sqm) 9,742
Typical floor plate (sqm) 710 / 790
Car spaces 46
WALE (by income) 2.2 years
Occupancy 100%
FIL Investment Management 1,576
Gresham Partners 1,576
NABERS Energy rating 4 star
NABERS Water rating 2 star

OFFICE SECTOR 14 CHARTER HALL PRIME OFFICE FUND

CHARTER HALL PROPERTY PORTFOLIO

BRISBANE SQUARE

266 George Street, Brisbane Qld

An A-Grade building that is comprised of 37 levels of commercial office space and ground level retail. The building was completed in 2006 and provides extensive uninterrupted views of the Brisbane river.

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Summary
Tenancy statistics
Major tenantsNLA (sqm)
Ratings
Year built (or refurbished)
2006
Grade
A
Ownership
49.9%
Total NLA (sqm)
59,097
Typical floor plate (sqm)
1,431–1,702
Car spaces
335
WALE (by income)
11.0 years
Occupancy
100%
Brisbane City Council
34,625
Suncorp Metway
23,527
Q-Super
17,306
NABERS Energy rating
4 star
NABERS Water rating
3.5 star

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. 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.

Year built (or refurbished) 2009
Grade A
Ownership 50%
Total NLA (sqm) 41,749
Typical floor plate (sqm) 1,300
Car spaces 226
WALE (by income) 8.9 years
Occupancy 96.9%
Telstra Corporation Ltd 20,858
Queensland Gas Company 11,652
NABERS Energy rating 5 star
NABERS Water rating 4.5 star
Green Star Office Design v2 5 star
Green Star Office As Built v2 5 star

OFFICE SECTOR 15 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 2,813 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 194 car parking spaces.

Summary
Tenancy statistics
Major tenantsNLA (sqm)
Ratings
Year built (or refurbished)
2014
Grade
A
Ownership
50%
Total NLA (sqm)
24,665
Typical floor plate (sqm)
2,200–2,813
Car spaces
195
WALE (by income)
7.9 years
Occupancy
100%
Bank of Queensland
13,237
Collection House
8,007
NABERS Energy rating
5.5 star
NABERS Water rating
4 star
Green Star Office Design v3
5 star
Green Star Office As Built v3
5 star

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.

Year built (or refurbished) 2009
Grade A
Ownership 50.1%
Total NLA (sqm) 26,669
Typical floor plate (sqm) 1,200–2,000
Car spaces 153
WALE (by income) 5.4 years
Occupancy 91.9%
Telstra Corporation Ltd 10,669
Parsons Brinckerhoff 3,463
NABERS Energy rating 4 star
NABERS Water rating 4 star

OFFICE SECTOR 16 CHARTER HALL PRIME OFFICE FUND

CHARTER HALL PROPERTY PORTFOLIO

900 ANN STREET Fortitude Valley, Qld

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Recently completed, the property comprises 19,231 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 provides a prestigious opening to an expansive foyer with double height ceilings.

The development incorporates 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
Tenancy statistics
Major tenantsNLA (sqm)
Ratings
Forecast Practical Completion
2018
Grade
A
Ownership
50%
Total NLA (sqm)
19,231
Typical floor plate (sqm)
1,445
Car spaces
103
WALE (by income)
11.6 years
Occupancy
98.3%
Aurizon
19,031
Green Star Office Design v3
5 star

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 15,700 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) 1972 (2015)
Grade A
Ownership 100%
Total NLA (sqm) 50,709
Typical floor plate (sqm) 1,000–1,200 / 2,700 (podium floors)
Car spaces 445
WALE (by income) 7.5 years
Occupancy 97.9%
Department of Human Services 13,734
Victorian Legal Aid 9,876
NABERS Energy rating 5 star
NABERS Water rating 3.5 star

OFFICE SECTOR 17 CHARTER HALL PRIME OFFICE FUND

CHARTER HALL PROPERTY PORTFOLIO

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 21,667 square metres of office area, 955 square metres of retail area and 340 car bays including a public car park.

Summary
Tenancy statistics
Major tenantsNLA (sqm)
Ratings
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)
6.3 years
Occupancy
99.7%
Bupa
13,144
Fair Work Australia
(Commonwealth of Australia)
8,955
NABERS Energy rating
4.5 star
NABERS Water rating
3.5 star

990 LA TROBE STREET Melbourne Vic.

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Located within Docklands on the western side of Melbourne CBD, on the doorstep of Etihad Stadium and Southern Cross Station, 990 La Trobe Street is a recently constructed, modern and high-tech A-grade office asset purpose built for Melbourne Water. The building comprises large, flexible floorplates, two levels of secure parking, end of trip facilities, ground floor retail space, active lobby with a tenant collaborative area, 6 upper levels of office accommodation with central atriums and inter-floor stair connectivity.

Innovative features include tri-generation plant used for heating, cooling and baseload power, under-floor air distribution system, vacuum toilet system and rain water harvesting.

Year built (or refurbished) 2012
Grade A
Ownership 100%
Total NLA (sqm) 12,947
Typical floor plate (sqm) 1,981
Car spaces 64
WALE (by income) 8.9 years
Occupancy 100%
Melbourne Water 12,651
NABERS Energy rating 5.5 star
NABERS Water rating 6 star

OFFICE SECTOR 18 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
Tenancy statistics
Major tenantsNLA (sqm)
Ratings
Year built (or refurbished)
1987 (2014)
Grade
A
Ownership
100%
Total NLA (sqm)
12,408
Typical floor plate (sqm)
1,619
Car spaces
59
WALE (by income)
1.1 years
Occupancy
100%
State of Victoria
10,790
M2 Group
1,618
NABERS Energy rating
4.5 star
NABERS Water rating
4 star

BANKWEST TOWER

Perth WA

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A Premium Grade mixed use development, occupying the majority of a prime CBD block, bounded by William, Murray, Wellington and Queen Streets.

The major component is a 43,517 square metre office tower (Bankwest Tower) over 22 levels and fully leased to CBA (Bankwest). There are 2 lower basement levels, providing 173 tenant car bays, 205 public car bays and other tenant facilities.

Surrounding the office building over 3 levels is a retail shopping centre which is currently undergoing extensive redevelopment, due to be completed in stages.

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) 5.8 years
Occupancy 100%
Bankwest (CBA) 43,499
NABERS Energy rating 5 star
NABERS Water rating 4 star
Green Star Office As Built v2 4 star

OFFICE SECTOR 19 CHARTER HALL PRIME OFFICE FUND

CHARTER HALL PROPERTY PORTFOLIO

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 20,766 square metres prime office building, including 424 square metres of retail space and three levels of basement accommodating 373 car parking spaces.

Summary
Tenancy statistics
Major tenantsNLA (sqm)
Ratings
Year built (or refurbished)
1990
Grade
A
Ownership
100%
Total NLA (sqm)
20,766
Typical floor plate (sqm)
1,130
Car spaces
373
WALE (by income)
3.4 years
Occupancy
94.4%
Jackson McDonald
3,401
Wilson Parking
373 bays
NABERS Energy rating
4 star
NABERS Water rating
3.5 star

GPO EXCHANGE

10 Franklin Street, Adelaide SA

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Artist’s Impression
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GPO Exchange is located between the heritage GPO and the ATO building on Franklin Street.

The completed GPO Tower building will comprise approximately 25,000 square metres of office NLA, a commercial lobby with a Franklin Street address, 75 car bays and 1,112 square metres of retail space at ground level.

Tenant pre-commitment to 88% (Income).

Year built (or refurbished) Development
Ownership 100%
Acquisition date May 2015

OFFICE SECTOR 20 CHARTER HALL PRIME OFFICE FUND

CHARTER HALL PROPERTY PORTFOLIO

Summary

130 LONSDALE STREET Melbourne Vic.

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Artist’s Impression
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130 Lonsdale Street will comprise a 59,849 square metre Premium Grade office building over 35 floors, associated retail and repurposing of existing heritage buildings.

Construction is progressing well on-site with the pour of raft slab complete and installation of all tower cranes in place.

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

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

RAINE SQUARE RETAIL Perth WA

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Artist’s Impression
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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.

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.

Year built (or refurbished) Development
Ownership 49.9%
Acquisition date June 2013 / June 2017

OFFICE SECTOR 21 CHARTER HALL PRIME OFFICE FUND

CHARTER HALL PROPERTY PORTFOLIO

360 QUEEN STREET

Brisbane Qld

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Artist’s Impression
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Prime development site in Brisbane CBD’s Golden Triangle aquired by the Fund in June 2017.

Site forms the amalgamation of 3 properties with development proposal to deliver a prime grade officer tower with corridor views.

Summary Year built (or refurbished)
Site
Ownership
50%
Acquisition date
June 2017

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 27,510 square metre office building developed in 50:50 partnership with John Holland upon reaching appropriate precommitment levels.

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

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CHARTER HALL OFFICE SECTOR 22
PROPERTY PORTFOLIO CHARTER HALL DIRECT OFFICE FUND
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Western Sydney University, Parramatta NSW

OFFICE SECTOR 23 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 located in major business districts across Australia.

TOP 10 TENANTS BY GROSS INCOME

ANNUAL LEASE EXPIRY BY GROSS INCOME

Telstra Corporation 10.4% Government 10.4% Macquarie Group 6.4% Amazon 4.8% Aurizon Operations 4.7% Allianz 4.6% Wilson Parking 3.6% Citigroup 3.4% BHP 3.1% DLA Piper 3.0%

Vacant 5.6% FY19 8.6% FY20 9.8% FY21 11.2% FY22 12.5% FY23 2.8% FY24 16.0% FY25 21.5% FY26 1.0% FY27+ 10.9%

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OFFICE SECTOR 24 CHARTER HALL OFFICE TRUST

CHARTER HALL PROPERTY PORTFOLIO

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171 Collins Street, Melbourne Vic.
GEOGRAPHICAL DIVERSIFICATION
BY CURRENT VALUE
1.4%
8.4%
66.0%
24.2%
New South Wales
Victoria
Queensland
Western Australia
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OFFICE SECTOR 25 CHARTER HALL OFFICE TRUST

CHARTER HALL PROPERTY PORTFOLIO

PROPERTY PORTFOLIO

CHOT WALE WEIGHTED AVG
OWNERSHIP (%) (YEARS) RENT REVIEWS (%)
No.1 Martin Place, Sydney NSW
Citigroup Centre
2 Park Street, Sydney NSW
100%
50%
5.4
4.9
3.9%
3.9%
2 Market Street, Sydney NSW 50% 2.5 4.1%
The Denison
65 Berry Street, North Sydney NSW
175 Eagle Street, Brisbane Qld
Capital Hill
83–85 George Street, Brisbane Qld
100%
100%
100%
1.5
2.3
10.3
4.0%
3.9%
3.5%
150 Lonsdale Street, Melbourne Vic. 100% 1.7 3.8%
171 Collins Street, Melbourne Vic. 50% 5.7 3.8%
Argus Centre
300 La Trobe Street, Melbourne Vic.
100% 5.3 3.8%
Eastpoint Plaza
233–237 Adelaide Terrace, Perth WA
100% 2.6 3.8%
TOTAL / WEIGHTED AVERAGE 4.3 3.9%

$2,863.7

TOTAL VALUE OF PORTFOLIO (A$M)

5.23%

WEIGHTED AVERAGE CAPITALISATION RATE (WACR)

175 Eagle Street, Brisbane Qld

OFFICE SECTOR 26 CHARTER HALL OFFICE TRUST

CHARTER HALL PROPERTY PORTFOLIO

NO.1 MARTIN PLACE Sydney NSW

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A 24-level A-Grade office building completed in 1999, with 7 levels of basement parking approved for 363 single car spaces. The building and car park are integrated within the GPO complex that also accommodates the Westin Hotel and a retail/restaurant/ bar component within the refurbished heritage GPO building.

Summary
Tenancy statistics
Major tenantsNLA (sqm)
Ratings
Year built (or refurbished)
1999
Grade
Premium
Ownership
100%
Total NLA (sqm)
40,210
Typical floor plate (sqm)
1,675
Car spaces
363
WALE (by income)
5.4 years
Occupancy
99.8%
Macquarie Group Ltd
13,034
APRA
8,094
NABERS Energy rating
4.5 star
NABERS Water rating
3.5 star
Green Star Office Interiors v1.1
5 star

CITIGROUP CENTRE

2 Park Street, Sydney NSW

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A Premium Grade commercial office and retail development completed in July 2000 located in the Midtown precinct of the Sydney CBD.

The property comprises basement parking over 4 levels providing 281 car spaces, ground floor retail accommodation of 1,089 square metres and 41 upper office floors of Premium grade office accommodation from levels 5 to 47.

Year built (or refurbished) 2000
Grade Premium
Ownership 50%
Total NLA (sqm) 73,751
Typical floor plate (sqm) 1,570
Car spaces 281
WALE (by income) 4.9 years
Occupancy 99.0%
Amazon 18,219
Citigroup 13,276
NABERS Energy rating 5 star
NABERS Water rating 4 star

OFFICE SECTOR 27 CHARTER HALL OFFICE TRUST

CHARTER HALL PROPERTY PORTFOLIO

2 MARKET STREET Sydney NSW

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An A-Grade office building, comprising two individual office buildings with basement parking for 286 cars, 11 retail tenancies, commercial gym, large foyer and commercial accommodation within the Tower building (17 levels) and the Forecourt building (6 levels).

The building was constructed in two stages with the original 24 storey Tower Building completed in 1991, whilst the seven-storey Forecourt building was completed in 2007.

Summary
Tenancy statistics
Major tenantsNLA (sqm)
Ratings
Year built (or refurbished)
2007
Grade
A
Ownership
50%
Total NLA (sqm)
39,757
Typical floor plate (sqm)
580–2,175
Car spaces
286
WALE (by income)
2.5 years
Occupancy
100%
Allianz
18,909
Caltex
9,201
NABERS Energy rating
(tower / forecourt)
5 star / 5 star
NABERS Water rating
(tower / forecourt)
3 star / 3.5 star

THE DENISON

65 Berry Street, North Sydney NSW

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A commercial building comprising 17 levels of office accommodation.

Located adjacent to the new Victoria Cross Metro station the building occupies a prime position in what will become the new centre of North Sydney CBD.

The newly refurbished ground floor foyer comprises an auditorium, café, wellness and community space. The building provides 6 levels of car parking for 262 cars.

Year built (or refurbished) 1986
Grade A
Ownership 100%
Total NLA (sqm) 14,523
Typical floor plate (sqm) 854
Car spaces 262
WALE (by income) 1.5 years
Occupancy 91.0%
Mediacom 7,526
NABERS Energy rating 5 star
NABERS Water rating 2.5 star

OFFICE SECTOR 28 CHARTER HALL OFFICE TRUST

CHARTER HALL PROPERTY PORTFOLIO

175 EAGLE STREET Brisbane Qld

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An A-Grade office building comprising 3 basement levels of car parking for 162 vehicles, 2 river promenade levels accommodating a variety of retail uses, mezzanine level and 19 floors of office accommodation.

The building was completed in 2002 and substantially refurbished in 2013/14. The improvements are constructed upon an “L” shaped freehold parcel of land, situated on the eastern side of Eagle Street with uninterrupted river views.

Summary
Tenancy statistics
Major tenantsNLA (sqm)
Ratings
Year built (or refurbished)
2002 (2013)
Grade
A
Ownership
100%
Total NLA (sqm)
22,254
Typical floor plate (sqm)
1,171
Car spaces
162
WALE (by income)
2.3 years
Occupancy
98.9%
Aurizon1
10,722
AON Risk Services
1,851
NABERS Energy rating
4.5 star
NABERS Water rating
4 star

CAPITAL HILL

83–85 George Street, Brisbane Qld

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A B-Grade office building with 18 levels, known as Capital Hill. Constructed circa 1989 this building comprises 5 levels of basement parking, 18 levels of office accommodation.

The property is undergoing a major refurbishment as a result of a Lease for ~50% of the building to the Queensland Government.

The property is located adjacent to Brisbane’s new casino and entertainment precinct.

Year built (or refurbished) 1989
Grade B
Ownership 100%
Total NLA (sqm) 10,516
Typical floor plate (sqm) 619
Car spaces 102
WALE (by income) 10.3 years
Occupancy 100%
Queensland Government 5,287
NABERS Energy rating 2.5 star
NABERS Water rating N/A
  1. Expires 30 June 2018.

OFFICE SECTOR 29 CHARTER HALL OFFICE TRUST

CHARTER HALL PROPERTY PORTFOLIO

150 LONSDALE STREET Melbourne Vic.

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The property comprises a 29 level B-Grade office building which was completed in 1975.

It provides 27 upper levels of office accommodation, above a ground floor office lobby including a cafe. To the rear of the site is an adjoining 9 level multideck car park facility, which comprises a total of 647 car bays managed by Wilson Parking, accessed via Lonsdale Street and Little Lonsdale Street. The car park is able to be developed and a DA has recently been obtained for a 16,700 square metre office tower.

Summary
Tenancy statistics
Major tenantsNLA (sqm)
Ratings
Year built (or refurbished)
1974 (2005)
Grade
A
Ownership
100%
Total NLA (sqm)
28,588
Typical floor plate (sqm)
1,021
Car spaces
647
WALE (by income)
1.7 years
Occupancy
100%
Telstra
19,910
Programmed Group
1,719
NABERS Energy rating
4.5 star
NABERS Water rating
3 star

171 COLLINS STREET

Melbourne Vic.

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A Premium Grade office building comprising 18 levels of office accommodation, including ground floor retail.

At the front of the site is an 8 level office building, comprising a heritage façade, linked to the main tower by a 9 level glass atrium. The building was completed in May 2013.

Year built (or refurbished) 2013
Grade Premium
Ownership 50%
Total NLA (sqm) 33,132
Typical floor plate (sqm) 1,841
Car spaces 98
WALE (by income) 5.7 years
Occupancy 100%
BHP 14,349
Wood Group 6,809
NABERS Energy rating 6 star
NABERS Water rating 4 star
Green Star Office Design v2 6 star
Green Star Office As Built v2 6 star

OFFICE SECTOR 30 CHARTER HALL OFFICE TRUST

CHARTER HALL PROPERTY PORTFOLIO

ARGUS CENTRE

300 La Trobe Street, Melbourne Vic.

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A 34 storey A-Grade commercial office building comprising 23 floors of offices above a 10 level car park, completed in July 1991.

The building is primarily occupied by Telstra, who committed to a new 12 year lease from 1 January 2013. A significant building upgrade was completed in 2013.

Summary
Tenancy statistics
Major tenantsNLA (sqm)
Ratings
Year built (or refurbished)
1991 (2013)
Grade
A
Ownership
100%
Total NLA (sqm)
32,919
Typical floor plate (sqm)
968
Car spaces
509
WALE (by income)
5.3 years
Occupancy
100%
Telstra Corporation Ltd
23,455
Department of Veteran Affairs
4,749
NABERS Energy rating
5 star
NABERS Water rating
3.5 star

EASTPOINT PLAZA

233–237 Adelaide Terrace, Perth WA

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Eastpoint Plaza is an 11 storey B-Grade office building located toward the eastern periphery of the Perth CBD on Adelaide Terrace.

The building enjoys unobstructed views at its southern aspect across Langley Park to the Swan River from every level and is leased to a mix of government and private industry tenants.

Year built (or refurbished) 1982
Grade B
Ownership 100%
Total NLA (sqm) 11,417
Typical floor plate (sqm) 1,038
Car spaces 91
WALE (by income) 2.6 years
Occupancy 77.0%
Western Australian Government 3,150
Sparke Helmore Lawyers 1,509
NABERS Energy rating 4 star
NABERS Water rating 4.5 star

OFFICE SECTOR 31 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, Santos Place Brisbane, Brisbane Square, 275 George Street Brisbane, 343 Albert Street Brisbane, Bankwest Place and Raine Square Perth.

1 SHELLEY STREET

Sydney NSW

275 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.

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.

The site is secured with a weighted average lease expiry (WALE) of 5.4 years, and provides an attractive investment proposition.

Ownership
Ratings
CPOF
50%
Institutional clients
50%
NABERS Energy rating
5 star
NABERS Water rating
4.5 star
Green Star Office Design v2
6 star
Green Star Office As Built v2
6 star
CPOF 50%
Institutional client 50%
NABERS Energy rating 5 star
NABERS Water rating 4.5 star
Green Star Office Design v2 5 star
Green Star Office As Built v2 5 star

OFFICE SECTOR 32 OFFICE MANDATES AND PARTNERSHIPS

CHARTER HALL PROPERTY PORTFOLIO

SANTOS PLACE 32 Turbot Street, Brisbane Qld

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Located in the North Quarter, Santos Place is in close proximity to Roma Street Bus and Train Station, Queen Street Mall and Southbank.

The property offers a spectacular outlook over the Brisbane River, Southbank, Mount Coot-tha and hinterland. This Premium A-Grade tenancy boasts a superb fitout by Donovan Hill Architects with quality finishes and fantastic natural light.

Ownership
Ratings
CHC
5%
Institutional client
95%
NABERS Energy rating
5.5 star
NABERS Water rating
4.5 star

343 ALBERT STREET[1] Brisbane Qld

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A high profile site located on the corner of Albert & Turbot Street with good view corridors to Brisbane river & over the city. The 25 level building includes a plaza forecourt frontage and allows for immediate proximity to King George Square and the Roma Street Transit Centre.

CHC 5%
Institutional client 95%
NABERS Energy rating 3.5 star
  1. Acquired 4 July 2018.

OFFICE SECTOR 33 OFFICE MANDATES AND PARTNERSHIPS

CHARTER HALL PROPERTY PORTFOLIO

BRISBANE SQUARE

266 George Street, Brisbane Qld

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An A-Grade building that is comprised of 37 levels of commercial office space and ground level retail. The building was completed in 2006 and provides extensive uninterrupted views of the river.

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.

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.

Ownership
Ratings
CPOF
49.9%
CHC
16.8%
Institutional client
33.3%
NABERS Energy rating
4 star
NABERS Water rating
3.5 star
CPOF 49.9%
CHC 16.8%
Institutional client 33.3%
NABERS Energy rating 5 star
NABERS Water rating 4 star
Green Star Office As Built v2 4 star

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CHARTER HALL OFFICE SECTOR 34
PROPERTY PORTFOLIO CHARTER HALL DIRECT OFFICE FUND
----- End of picture text -----

275 George Street, Brisbane Qld

OFFICE SECTOR 35 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 Australian office properties.

TOP 10 TENANTS[1] BY GROSS INCOME

ANNUAL LEASE EXPIRY[1] BY GROSS INCOME

Coles 8.5% Western Sydney University 7.6% Department of Education 7.2% Aurizon 6.5% Barrister Chambers Ltd 6.4% Westpac Banking Corporation 5.9% Bank of Queensland 5.1% Telstra 4.2% Collection House 2.8% QIP Services Pty Ltd 2.6%

Vacant 1.2% FY19 4.2% FY20 6.5% FY21 8.5% FY22 4.1% FY23 1.2% FY24 1.4% FY25 10.4% FY26 7.1% FY27+ 55.4%

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  1. Includes look-through investment into CPOF.

OFFICE SECTOR 36 CHARTER HALL DIRECT OFFICE FUND

CHARTER HALL PROPERTY PORTFOLIO

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200 Queen Street, Melbourne Vic.
GEOGRAPHICAL DIVERSIFICATION [1]
BY CURRENT VALUE
2.2%
22.8%
42.3%
32.7%
New South Wales
Victoria
Queensland
Western Australia
1. Includes look-through investment into CPOF.
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OFFICE SECTOR 37 CHARTER HALL DIRECT OFFICE FUND

CHARTER HALL PROPERTY PORTFOLIO

PROPERTY PORTFOLIO

DOF WALE WEIGHTED AVG
OWNERSHIP (%) (YEARS) RENT REVIEWS (%)
Western Sydney University
169 Macquarie Street, Parramatta NSW
50% 13.6 3.8%
105 Phillip Street, Parramatta NSW 50% 11.8 3.8%
Westpac
4–16 Montgomery Street, Kogarah NSW
49.9% 16.1 2.2%
68 Pitt Street, Sydney NSW 100% 2.8 3.8%
100 Skyring Terrace, Newstead Qld 50% 7.9 3.9%
Northbank Plaza
69 Ann Street, Brisbane Qld
49.9% 5.4 3.6%
900 Ann Street, Fortitude Valley Qld 50% 11.6 3.3%
Coles HQ
800 Toorak Road, Hawthorn East Vic.
50% 11.7 3.3%
1 Nicholson Street, Melbourne Vic. 100% 8.5 3.8%
200 Queen Street, Melbourne Vic. 100% 5.8 3.5%
181 St Georges Terrace, Perth WA 100% 7.0 3.6%
TOTAL / WEIGHTED AVERAGE 1 8.3 3.6%

$1,384.5

TOTAL VALUE OF PORTFOLIO[1] (A$M)

5.63%

WEIGHTED AVERAGE CAPITALISATION RATE[1] (WACR)

Western Sydney University, Parramatta NSW

  1. Includes look-through investment into CPOF.

OFFICE SECTOR 38 CHARTER HALL DIRECT OFFICE FUND

CHARTER HALL PROPERTY PORTFOLIO

WESTERN SYDNEY UNIVERSITY

169 Macquarie Street, Parramatta NSW

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Completed in 2016, 14-level prime office tower with ground floor retail and two levels of basement parking (82 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
Tenancy statistics
Major tenantNLA (sqm)
Ratings
Year built (or refurbished)
2016
Grade
A
Ownership
50%
Total NLA (sqm)
26,500
Typical floor plate (sqm)
1,265–2,185
Car spaces
82
WALE (by income)
13.6 years
Occupancy
100%
Western Sydney University
26,500
Green Star Education Design v1
5 star
Green Star Education As Built v1
5 star

105 PHILLIP STREET

Parramatta NSW

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Recently completed A-grade building with strong environmental credentials.

The property is located in a strategically important location for the NSW Government, with a 12 year lease to the Department of Education and with fixed 3.8% annual reviews.

Year built (or refurbished) 2018
Grade A
Ownership 50%
Total NLA (sqm) 25,191
Typical floor plate (sqm) 2,200
Car spaces 48
WALE (by income) 11.8 years
Occupancy 100%
Department of Education 24,953
Green Star Office Design v3 6 star

OFFICE SECTOR 39 CHARTER HALL DIRECT OFFICE FUND

CHARTER HALL PROPERTY PORTFOLIO

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 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.

Summary
Tenancy statistics
Major tenantsNLA (sqm)
Year built (or refurbished)
1990 (2016)
Grade
A
Ownership
49.9%
Total NLA (sqm)
31,724
Typical floor plate (sqm)
1,965
Car spaces
597
WALE (by income)
16.1 years
Occupancy
100%
Westpac Banking Corporation
31,724

Ratings

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.

Year built (or refurbished) 1965 (2011)
Grade B
Ownership 100%
Total NLA (sqm) 14,283
Typical floor plate (sqm) 565
Car spaces 53
WALE (by income) 2.8 years
Occupancy 100%
Bird & Bird 1,825
NABERS Energy rating 3.5 star
NABERS Water rating 3.5 star

OFFICE SECTOR 40 CHARTER HALL DIRECT 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
Tenancy statistics
Major tenantsNLA (sqm)
Ratings
Year built (or refurbished)
2014
Grade
A
Ownership
50%
Total NLA (sqm)
24,665
Typical floor plate (sqm)
2,200–2,813
Car spaces
195
WALE (by income)
7.9 years
Occupancy
100%
Bank of Queensland
13,237
Collection House
8,007
NABERS Energy rating
5.5 star
NABERS Water rating
4 star
Green Star Office Design v3
5 star
Green Star Office As Built v3
5 star

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.

Year built (or refurbished) 2009
Grade A
Ownership 49.9%
Total NLA (sqm) 26,669
Typical floor plate (sqm) 1,200–2,000
Car spaces 153
WALE (by income) 5.4 years
Occupancy 91.9%
Telstra Corporation Ltd 10,669
Parsons Brinckerhoff 3,463
NABERS Energy rating 4 star
NABERS Water rating 4 star

OFFICE SECTOR 41 CHARTER HALL DIRECT OFFICE FUND

CHARTER HALL PROPERTY PORTFOLIO

900 ANN STREET Fortitude Valley, Qld

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Recently completed, the property comprises 19,231 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 provides a prestigious opening to an expansive foyer with double height ceilings.

The development incorporates 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
Tenancy statistics
Major tenantsNLA (sqm)
Ratings
Year built (or refurbished)
2018
Grade
A
Ownership
50%
Total NLA (sqm)
19,231
Typical floor plate (sqm)
1,445
Car spaces
103
WALE (by income)
11.6 years
Occupancy
98.3%
Aurizon
19,031
Green Star Office Design v3
5 star

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) 2,170
Car spaces 2449
WALE (by income) 11.7 years
Occupancy 100%
Coles 41,898

OFFICE SECTOR 42 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
Tenancy statistics
Major tenantsNLA (sqm)
Ratings
Year built (or refurbished)
1958 (2016)
Grade
B
Ownership
100%
Total NLA (sqm)
16,965
Typical floor plate (sqm)
920
Car spaces
56
WALE (by income)
8.5 years
Occupancy
100%
Orica Australia Pty Ltd
4,735
QIP Services Pty Ltd
4,597
NABERS Energy rating
4 star
NABERS Water rating
3 star

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) 5.8 years
Occupancy 99.5%
Barristers Chambers Ltd 11,396
Redmon Group Pty Ltd 2,356
NABERS Energy rating 4.5 star
NABERS Water rating 4.5 star

OFFICE SECTOR 43 CHARTER HALL DIRECT OFFICE FUND

CHARTER HALL PROPERTY PORTFOLIO

181 ST GEORGES TERRACE Perth WA

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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
Tenancy statistics
Major tenantsNLA (sqm)
Ratings
Year built (or refurbished)
2000
Grade
B
Ownership
100%
Total NLA (sqm)
3,590
Typical floor plate (sqm)
535
Car spaces
14
WALE (by income)
7.0 years
Occupancy
100%
DOF Subsea Australia Pty Ltd
2,911
Emirates
265
NABERS Energy rating
3.5 star
NABERS Water rating
5.5 star

44

CHARTER HALL PROPERTY PORTFOLIO

OFFICE SECTOR CHARTER HALL DIRECT OFFICE FUND

100 Skyring Terrace, Newstead Qld

OFFICE SECTOR 45 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 BY GROSS INCOME

WA Government 30.6% Tasmanian Government 12.6% Commonwealth of Australia (DFAT) 11.0% SA Government 10.0% Foxtel Management Pty Ltd 8.6% Department of Immigration and Border Protection 7.8% Hub Australia 6.8% On The House 2.4% Clemenger 2.1% Australian Business Academy 1.9%

Vacant 0.0% FY19 0.3% FY20 6.3% FY21 0.5% FY22 10.7% FY23 1.8% FY24 9.7% FY25 0.0% FY26 11.0% FY27+ 59.7%

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OFFICE SECTOR 46 DIRECT PFA FUND

CHARTER HALL PROPERTY PORTFOLIO

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44 Sydney Avenue, Canberra ACT
GEOGRAPHICAL DIVERSIFICATION
BY CURRENT VALUE
13.6%
17.0%
10.7%
10.2%
9.3%
12.4%
26.8%
New South Wales
Victoria
Queensland
Western Australia
South Australia
Tasmania
Australian Capital Territory
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OFFICE SECTOR 47 DIRECT PFA FUND

CHARTER HALL PROPERTY PORTFOLIO

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PROPERTY PORTFOLIO 200 Adelaide St, Brisbane Qld
PFA WALE WEIGHTED AVG
OWNERSHIP (%) (YEARS) RENT REVIEWS (%)
$355.4 Wentworth Place 44 Sydney Avenue, Canberra ACT 100% 7.1 3.6%
100% 4.4 4.2%
TOTAL VALUE 9 Wentworth Street, Parramatta NSW
OF PORTFOLIO (A$M) ANZAC Square
100% 6.6 3.6%
200 Adelaide St, Brisbane Qld
6.99% 21-25 Nile Street, Port Adelaide, SA 100% 14.5 3.0%
Lands Building
100% 10.7 2.3%
WEIGHTED AVERAGE 134 Macquarie St, Hobart Tas.
CAPITALISATION RATE
Foxtel Building
(WACR) 1–21 Dean St, Moonee Ponds Vic. 100% 3.7 3.0%
Sevenoaks
100% 9.0 3.8%
303 Sevenoaks St, Cannington WA
TOTAL / WEIGHTED AVERAGE 8.2 3.4%
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OFFICE SECTOR 48 DIRECT PFA FUND

CHARTER HALL PROPERTY PORTFOLIO

44 SYDNEY AVENUE

Canberra, ACT

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The property is located in the inner South Canberra suburb of Forrest, approx 3.5 kilometres south-east of Canberra’s CBD, and 200m east of Parliament House. The property is located on Sydney Avenue, which has direct links to the State Circle and National Circuit.

Summary
Tenancy statistics
Major tenantsNLA (sqm)
Ratings
Year built (or refurbished)
2003
Grade
A
Ownership
100%
Total NLA (sqm)
9,948
Typical floor plate (sqm)
3,316
Car spaces
218
WALE (by income)
7.1 years
Occupancy
100%
Commonwealth of Australia (DFAT)
7,336
Minerals Council of Australia
951
NABERS Energy rating
4.5 star
NABERS Water rating
5 star

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 87 cars.

Year built (or refurbished) 1988 (2006)
Grade A
Ownership 100%
Total NLA (sqm) 7,698
Typical floor plate (sqm) 1,200
Car spaces 87
WALE (by income) 4.4 years
Occupancy 100%
Federal Government 5,192
Australian Business Academy 1,237
NABERS Energy rating 5 star
NABERS Water rating 4 star

OFFICE SECTOR 49 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 22 cars.

Summary
Tenancy statistics
Major tenantsNLA (sqm)
Ratings
Year built (or refurbished)
1957 (2016)
Grade
B
Ownership
100%
Total NLA (sqm)
5,957
Typical floor plate (sqm)
1,172
Car spaces
22
WALE (by income)
6.6 years
Occupancy
100%
Hub Australia
3,538
On The House
1,275
NABERS Energy rating
2 star
NABERS Water rating
N/A

21-25 NILE STREET

Port Adelaide, SA

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Recently completed,the property comprises six levels of A-grade office accommodation, retail space and parking facilities. Port Adelaide is 14 kilometres north west of the Adelaide CBD and the region is set to benefit from substantial investment by the Australian Government.

Year built (or refurbished) 2018
Grade A
Ownership 100%
Total NLA (sqm) 6,477
Typical floor plate (sqm) 1,883
Car spaces 150
WALE (by income) 14.5 years
Occupancy 100%
South Australian Government 6,063

OFFICE SECTOR 50 DIRECT PFA FUND

CHARTER HALL PROPERTY PORTFOLIO

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.

Summary
Tenancy statistics
Major tenantsNLA (sqm)
Ratings
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)
10.7 years
Occupancy
100%
State Government of Tasmania
11,675
NABERS Energy rating
3 star
NABERS Water rating
3.5 star

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 250 car spaces.

Year built (or refurbished) 2004
Grade B
Ownership 100%
Total NLA (sqm) 7,104
Typical floor plate (sqm) 1,730
Car spaces 243
WALE (by income) 3.7 years
Occupancy 100%
Foxtel Management Pty Ltd 7,104
NABERS Energy rating 0 star
NABERS Water rating 5 star

OFFICE SECTOR 51 DIRECT PFA FUND

CHARTER HALL PROPERTY PORTFOLIO

SEVENOAKS

303 Sevenoaks Street, Cannington WA

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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 606 cars. The Perth suburb of Cannington is approximately 12 kilometres from the Perth CBD, and is predominantly occupied by government tenants.

Summary
Tenancy statistics
Major tenantsNLA (sqm)
Ratings
Year built (or refurbished)
1992 (2016)
Grade
B
Ownership
100%
Total NLA (sqm)
20,837
Typical floor plate (sqm)
5,540
Car spaces
606
WALE (by income)
9.0 years
Occupancy
100%
Western Australian Government
20,817
OMG Catering
20
NABERS Energy rating
5 star
NABERS Water rating
N/A

52

INDUSTRIAL

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116 6.07% NUMBER OF WEIGHTED AVERAGE PROPERTIES CAPITALISATION RATE (WACR) 98.0% 9.7 years OCCUPANCY WEIGHTED AVERAGE LEASE EXPIRY (WALE)

Dandenong DC, Dandenong South Vic.

INDUSTRIAL SECTOR 53 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

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CHARTER HALL PRIME M5M7 Logistics Park (GWA) NSW
INDUSTRIAL FUND
Charter Hall Prime Industrial Fund (CPIF) was launched in 2007 and currently has 53 assets
that are predominantly located in the key, land constrained growth markets of Sydney and
Melbourne. The $3 billion fund principally targets core industrial and logistics facilities with a
value add component from strategic landbanks.
TOP 10 TENANTS ANNUAL LEASE EXPIRY
BY GROSS INCOME GROSS INCOME
Woolworths Group Vacant
6.9% 4.4%
Coca-Cola Amatil FY19
6.4% 5.5%
Metcash FY20
6.0% 2.1%
Wesfarmers FY21
4.1% 12.3%
Hastings Deering FY22
4.0% 4.2%
AHG FY23
3.8% 4.5%
Prixcar Services FY24
3.8% 4.4%
Chemist Warehouse FY25
3.7% 9.6%
Volkswagen FY26
3.5% 5.3%
Northline FY27+
2.5% 47.8%
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INDUSTRIAL SECTOR 54 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

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GEOGRAPHICAL DIVERSIFICATION BY CURRENT VALUE

1.1% 33.5% 2.6% 0.7% 9.6% 30.2% 22.2% New South Wales Victoria Queensland Western Australia South Australia Tasmania Northern Territory

INDUSTRIAL SECTOR 55 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

PROPERTY PORTFOLIO

$2,959.3

TOTAL VALUE OF PORTFOLIO (A$M)

5.95%

WEIGHTED AVERAGE CAPITALISATION RATE (WACR)

CPIF
OWNERSHIP
(%)
WALE
(YEARS)
WEIGHTED
AVG RENT
REVIEWS (%)
Eastern Valley Estate NSW
100%
4.4
3.3%
Chullora Distribution Facility NSW
100%
6.7
3.3%
Chullora Industrial Park NSW
100%
6.4
3.9%
Chullora Logistics Park NSW (Lion)
100%
14.9
3.3%
Frenchs Forest Logistics Centre NSW
100%
2.2
3.0%
Greenacre Logistics Facility NSW
100%
13.0
2.2%
Huntingwood Industrial Estate NSW
100%
4.6
2.8%
M5M7 Logistics Park (Stage 1) NSW
100%
6.0
3.3%
M5M7 Logistics Park (GWA) NSW
100%
9.8
3.0%
Minto Distribution Centre NSW
100%
1.5
2.2%
Prestons Distribution Facility NSW
100%
13.4
2.7%
Rosehill Distribution Centre NSW
100%
6.2
2.7%
Smithfield Distribution Facility NSW
100%
4.8
3.3%
Wetherill Park Distribution Centre NSW
100%
0.0
3.0%
Worth Street Distribution Centre NSW
100%
6.3
2.3%
East Arm Port Distribution Facility NT
100%
9.2
3.0%
Acacia Ridge Industrial Estate Qld
100%
19.1
2.8%
Berrinba Distribution Centre Qld
100%
2.9
3.0%
Hemmant Industrial Park Qld
100%
8.0
3.4%
Holt Street Distribution Centre Qld
100%
7.2
4.0%
Main Beach Distribution Centre Qld
100%
3.6
3.3%
Peachey Road Distribution Centre Qld
100%
12.5
3.0%
Richlands Distribution Facility Qld
100%
19.5
3.0%
Willawong Logistics Facility Qld
100%
21.8
3.6%
Gilman Distribution Centre SA
100%
9.5
3.5%
Translink Distribution Centre Tas.
50.1%
21.4
2.8%
AF Clarinda Logistics Facility Vic.
100%
5.9
3.3%
AF Epping Logistics Facility Vic.
100%
12.0
3.3%
CPIF
OWNERSHIP
(%)
WALE
(YEARS)
WEIGHTED
AVG RENT
REVIEWS (%)
AF Laverton North Logistics Facility Vic.
100%
18.4
3.3%
Altona Logistics Facility Vic.
100%
13.0
2.7%
Discovery Industrial Estate Vic.
100%
6.6
3.2%
Fitzgerald Road Distribution Centre Vic.
100%
2.9
2.2%
Laverton Logistics Centre Vic.
100%
0.5
3.8%
Parkwest Industrial Estate Vic.
100%
5.9
3.2%
Somerton Logistics Centre Vic.
100%
3.5
3.0%
Truganina Distribution Facility Vic.
50%
14.0
3.5%
Boundary Logistics Centre Vic.
100%
14.8
2.7%
Dandenong Distribution Centre Vic.
48%
19.7
2.8%
Canning Vale Distribution Centre WA
100%
2.9
3.0%
Canning Vale Logistics Centre WA
100%
3.7
3.0%
Kewdale Distribution Centre WA
100%
1.9
3.0%
Stockyards Industrial Estate WA
50%
6.4
3.3%
Welshpool Distribution Centre WA
100%
9.9
3.5%
Chullora Logistics Park NSW (pre-lease)
100%
11.8
3.3%
Huntingwood Logistics Park NSW
(pre-lease)
100%
10.0
3.0%
Motorway Industrial Park Qld (pre-lease)
100%
9.1
3.1%
M5M7 Logistics Park NSW (land)
100%

Wetherill Park Distribution Centre NSW
(land)
100%

Motorway Industrial Park Qld (land)
100%

Peachey Road Distribution Centre Qld
(land)
100%

Sherbrooke Industrial Park Qld (land)
100%

Tradecoast Industrial Park Qld (land)
100%

Midwest Logistics Hub (land)
100%

Bunnings RVN
100%
7.2
TOTAL/WEIGHTED AVERAGE
8.9
3.1%

INDUSTRIAL SECTOR 56 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

EASTERN VALLEY ESTATE

372 Eastern Valley Way, Chatswood NSW

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Eastern Valley Estate is located on a high profile 1.2 hectare 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 12,703 square metres. The estate is anchored by key bulky goods users, with Petbarn, Baby Bunting and The Good Guys occupying 70% of the total GLA. Bunnings Warehouse occupies the adjoining site.

Tenancy statistics
Major tenants
(GLA sqm)
Summary
Year built (or refurbished)
1986
Ownership
100%
Total GLA (sqm)
12,664
WALE (by income)
4.4 years
Occupancy
85.6%
Petbarn
4,605
The Good Guys
2,566

CHULLORA DISTRIBUTION FACILITY

24 Muir Road, Chullora NSW

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The property comprises a purpose built facility for Volkswagen Group Australia’s head office and distribution centre, comprising of two office levels, a ground floor showroom, a training centre and service area, together with a high clearance warehouse facility, with a combined GLA of 33,739 square metres that is situated on a total site area of 5.7 hectares.

The state of the art facility has recently been extended and features a minimum clearance height of approximately 10 metres, rising to approximately 13.5 metres with access via 7 on grade roller shutters and 10 recessed docks along with ESFR Fire Suppression System throughout.

Year built (or refurbished) 2011 (2018)
Ownership 100%
Total GLA (sqm) 33,739
WALE (by income) 6.7 years
Occupancy 100%
Volkswagen 33,739

INDUSTRIAL SECTOR 57 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

CHULLORA INDUSTRIAL PARK 56 Anzac Street, Chullora NSW

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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)
6.4 years
Occupancy
100%
Fastway
21,203
Volvo
6,995

CHULLORA LOGISTICS PARK (LION)

2 Hume Highway, Chullora NSW

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Image Source: Mike Chorley Photography
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The recently completed Lion Dairy & Drinks facility features a 620 square metre office component and temperature controlled warehouse space of 9,300 square metres. The development is the first of four new facilities in the Chullora Logistics Park.

The facility is in the process of being certified as a 4 Star Green Star building and 50% of the warehouse roof area has been structurally upgraded to take the load of PV Solar panels as a future provision.

The facility is situated on a site of 2.4 hectares and is located in a land constrained industrial precinct some 18 kilometres west of the Sydney CBD.

Year built (or refurbished) 2018
Ownership 100%
Total GLA (sqm) 9,920
WALE (by income) 14.9 years
Occupancy 100%
Lion Dairy & Drinks 9,920

INDUSTRIAL SECTOR 58 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

FRENCHS FOREST LOGISTICS PARK

2-6 & 8 Rodborough Rd, 357-373 Warringah Rd, Frenchs Forest NSW

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Two adjoining lots with a combined area of 3.2 hectares and three freestanding buildings with a large on-grade parking area, located only 13 kilometres north of Sydney CBD. Building one consists of an older style office/ warehouse, building two is a two-storey office building and building three is an office/warehouse building.

Frenchs Forest is a land constrained industrial precinct located on the Northern Beaches area of Sydney, with the property representing development inventory for the Fund that will likely be redeveloped in the near future.

Tenancy statistics
Major tenants
(GLA sqm)
Summary
Year built (or refurbished)
1970/1995
Ownership
100%
Total GLA (sqm)
16,327
WALE (by income)
2.2 years
Occupancy
100%
Australia Post
8,904
Australian Federal Police
3,895

GREENACRE LOGISTICS FACILITY

1 Moondo Street, Greenacre NSW

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The property comprises a 3.2 hectare 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 maneuverability.

Year built (or refurbished) 1999
Ownership 100%
Total GLA (sqm) 12,813
WALE (by income) 13.0 years
Occupancy 100%
Primo Meats 12,813

INDUSTRIAL SECTOR 59 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

HUNTINGWOOD INDUSTRIAL ESTATE 11–15 Huntingwood Drive, Huntingwood NSW

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The property incorporates two adjoining industrial facilities over a total site area of 5 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.

M5M7 LOGISTICS PARK (STAGE 1)

290 Kurrajong Road, Prestons NSW

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Stage 1 of the Logistics Park was completed in May 2017. The facility incorporates a lettable area of 25,571 square metres, of which 15,278 square metres is leased to Bracknells Warehousing and 10,293 square metres to BAM Wine Logistics.

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 is within close proximity of the Moorebank Intermodal.

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

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)
Year built (or refurbished)
1996
Ownership
100%
Total GLA (sqm)
18,350
WALE (by income)
4.6 years
Occupancy
100%
Danks (Woolworths Group)
12,959
Uni-Span Australia
5,391
Year built (or refurbished) 2017
Ownership 100%
Total GLA (sqm) 25,571
WALE (by income) 6.0 years
Occupancy 100%
Bracknells Warehousing 15,278
BAM Wine Logistics 10,293

INDUSTRIAL SECTOR 60 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

M5M7 LOGISTICS PARK (GWA)

290 Kurrajong Road, Prestons NSW

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Stage 2 of the development, a 31,029 square metre facility for existing CPIF Tenant Customer GWA (Caroma) reached practical completion in April 2018 and is being registered for a 5 Star Green Star rating. The facility is situated on a site of 4.5 hectares within the M5/M7 Logistics Park.

The park 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
Tenancy statistics
Major tenants
(GLA sqm)
Year built (or refurbished)
2018
Ownership
100%
Total GLA (sqm)
31,029
WALE (by income)
9.8 years
Occupancy
100%
GWA Group
31,029

MINTO DISTRIBUTION CENTRE

42 Airds Road, Minto NSW

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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.

Year built (or refurbished) 1990
Ownership 100%
Total GLA (sqm) 10,766
WALE (by income) 1.5 years
Occupancy 100%
VIP Plastic 10,766

INDUSTRIAL SECTOR 61 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

PRESTONS DISTRIBUTION FACILITY 402 Hoxton Park Road, Prestons NSW

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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)
17,207
WALE (by income)
13.4 years
Occupancy
100%
AHG
17,207

ROSEHILL DISTRIBUTION CENTRE

5 Devon Street, Rosehill NSW

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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) 6.2 years
Occupancy 100%
Carlton United Breweries 30,812

INDUSTRIAL SECTOR 62 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

SMITHFIELD DISTRIBUTION FACILITY 15–17 Long Street, Smithfield NSW

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The property is located on a site of 6.6 hectares 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 modern logistics estate comprises a GLA of 33,571 square metres that is configured into 3 tenancies. The premises at 15 Long Street is leased to Northline for an initial 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
17 LONG STREET
Year built (or refurbished)
2014
2016
Ownership
100%
100%
Total Proposed GLA (sqm)
16,516
17,055
WALE (by income)
3.5 years
6.22 years
Occupancy
100%
100%
Northline
16,516
Axima Logistics

8,564
Apollo Kitchens

8,491

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 on a total site area of 8 hectares.

Building 1 comprises a modern high clearance 11,090 square metre warehouse with 370 square metre ancillary office. Building 2 is being held as development inventory with capability to comprise a high clearance 30,220 square metre warehouse with 1,000 square metre corporate grade office and the ability for flexible tenancy sizes within. Both buildings will be fitted with LED lighting, ESFR Fire Suppression systems and a combination of sunken and on-grade dock access.

Year built (or refurbished) 2006
Ownership 100%
Total GLA (sqm) 11,460
WALE (by income) 0.03 years
Occupancy 100%
GWA Group 11,460

INDUSTRIAL SECTOR 63 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 5.9 hectare land parcel that is improved with a freestanding office/warehouse building of 24,865 square metres. The building is configured into three tenancies ranging in size from 5,360 square metres and 13,218 square metres. The facility 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)
24,865
WALE (by income)
6.3 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 of 4 hectares 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) 9.2 years
Occupancy 100%
Northline Logistics 14,835

INDUSTRIAL SECTOR 64 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

ACACIA RIDGE INDUSTRIAL ESTATE

98 Kerry and 1123 & 1141 Beaudesert Roads, Acacia Ridge, Qld

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A three property portfolio with a collective land area of 16.5 hectares located in the established industrial area of Acacia Ridge, 15 kilometres south of Brisbane CBD. The property has a low overall site coverage of 22%, which provides long term redevelopment potential in a core Brisbane market with significant expansion capacity.

Acacia Ridge provides excellent connectivity to the major arterial networks servicing Brisbane and is a hub for large scale logistics and transport groups due to its proximity to road, rail and air infrastructure. The Acacia Ridge Road/ Rail Intermodal, which is one of Queensland’s largest rail yards and is the northern terminal of the proposed Inland Rail Route, is within 600 metres of the facility.

Summary

Tenancy statistics
Major tenants
(GLA sqm)
Summary
Year built (or refurbished)
Ownership
100%
Total GLA (sqm)
33,819
WALE (by income)
19.1 years
Occupancy
100%
Hastings Deering
33,819

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, 3.5 hectare site located to the south-eastern alignment of Forest Way at Berrinba.

A brand new 19,790 square metre building was completed in April 2017, which comprises a generic logistics facility that is configured into 2 tenancies. The facility incorporates corporate offices, high clearance warehousing with ESFR fire sprinklers and large concrete paved truck marshalling areas.

Year built (or refurbished) 2017
Ownership 100%
Total GLA (sqm) 19,790
WALE (by income) 2.9 years
Occupancy 47.3%
Detmold 9,510

INDUSTRIAL SECTOR 65 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

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 Trade Coast 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.

Summary

Summary
Tenancy statistics
Major tenants
(GLA sqm)
Year built (or refurbished)
2017
Ownership
100%
Total GLA (sqm)
15,548
Usable site area (sqm)
109,717
WALE (by income)
8.0 years
Occupancy
100%
Ingham’s
13,648
Tyne Container Services
925

HOLT STREET DISTRIBUTION CENTRE

180 Holt Street, Pinkenba Qld

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The property comprises a modern, freestanding warehouse facility on a 6.3 hectare 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 recently been completed onsite with a 3,000 square metre expansion to the AP Eagers tenancy that was completed in 2017.

Year built (or refurbished) 2000 (2017)
Ownership 100%
Total GLA (sqm) 21,049
WALE (by income) 7.2 years
Occupancy 100%
AP Eagers 11,673
Sandvik Mining & Construction 9,376

INDUSTRIAL SECTOR 66 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

MAIN BEACH DISTRIBUTION CENTRE 30 and 56 Main Beach Road, Pinkenba Qld

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

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 and is situated at the northern end of the established industrial suburb of Pinkenba, in close proximity to Brisbane Airport, Port of Brisbane and Gateway Motorway.

The Ceva facility was completed in 2015, whilst the former Arrium facility was purpose built at the end of 2008, and is now occupied by the Australian Federal Police.

Tenancy statistics
Major tenants
(GLA sqm)
Summary
Year built (or refurbished)
2008 (2015)
Ownership
100%
Total GLA (sqm)
19,835
WALE (by income)
3.6 years
Occupancy
100%
AFP
11,705
Ceva Logistics
8,130

PEACHEY ROAD DISTRIBUTION CENTRE

2 Stephens Way, Yatala Qld

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

The property comprises a modern freestanding logistics facility with a total building area of 10,863 square metres on a 3.6 hectare lot within Yatala, approximately 40 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 Interchange and is positioned four kilometres from the Pacific Motorway Yatala North Interchange.

Year built (or refurbished) 2015
Ownership 100%
Total GLA (sqm) 10,863
WALE (by income) 12.5 years
Occupancy 100%
Cope Sensitive Freight 10,863

INDUSTRIAL SECTOR 67 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

RICHLANDS DISTRIBUTION FACILITY 220-260 Orchard Road, Richlands Qld

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

Richlands Distribution Facility comprises a modern industrial facility that incorporates production and high bay warehousing areas, together with corporate offices that have a combined GLA of 81,008 square metres. The facility is situated on a site of 24.89 hectares (32% site cover) with surplus land available to cover any expansion requirements.

The property is located in the prime logistics precinct of Richlands, some 15 kilometres south west of the Brisbane CBD and is within close proximity to the Centenary and Ipswich Motorways.

WILLAWONG LOGISTICS FACILITY

237 Gooderham Road, Willawong Qld

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

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.

The property was purchased on a 20 year triple net sale and leaseback to Coca-Cola Amatil and features fixed annual reviews of 3%.

Summary

Year built (or refurbished) 2017
Ownership 100%
Total GLA (sqm) 81,008
Tenancy statistics
Major tenants
(GLA sqm)
WALE (by income)
19.5 years
Occupancy
100%
Coca Cola Amatil
81,008
Year built (or refurbished) 2015
Ownership 100%
Total GLA (sqm) 4,414
Usable site area (sqm) 142,200
WALE (by income) 21.8 years
Occupancy 100%
Prixcar 4,414

INDUSTRIAL SECTOR 68 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

GILLMAN DISTRIBUTION CENTRE Lot 2, Grand Trunkway, Gillman SA

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

The property comprises a 31,589 square metres generic distribution centre situated on a site of 6.5 hectares 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 sprinkler system upgrade.

Tenancy statistics
Major tenants
(GLA sqm)
Summary
Year built (or refurbished)
1986 (2013)
Ownership
100%
Total GLA (sqm)
31,589
WALE (by income)
9.5 years
Occupancy
100%
AWH/DP World
31,589

TRANSLINK DISTRIBUTION CENTRE

4–20 Translink Avenue, Launceston Tas.

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

The Translink Distribution Centre is a state-of-the-art logistics facility that was purpose built for Woolworths and incorporates a GLA of approximately 46,500 square metres that is located on a 19.8 hectare site. The facility 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. Woolworths have recently signed an agreement to expand the facility by a further 15,000 square metres.

Year built (or refurbished) 2012 (under expansion)
Ownership 50.1%
Total GLA (sqm) 61,500
WALE (by income) 21.4 years
Occupancy 100%
Woolworths Group 61,500

INDUSTRIAL SECTOR 69 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

AF CLARINDA LOGISTICS FACILITY 275–315 Kingston Road, Clarinda Vic.

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

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.

Summary

Tenancy statistics
Major tenants
(GLA sqm)
Summary
Year built (or refurbished)
Ownership
100%
Total GLA (sqm)
2,240
Usable site area (sqm)
90,500
WALE (by income)
5.9 years
Occupancy
100%
Alex Fraser Group
2,240

AF EPPING LOGISTICS FACILITY 455 Cooper Street, Epping Vic.

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

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.

Year built (or refurbished)
Ownership 100%
Total GLA (sqm) 500
Usable site area (sqm) 242,000
WALE (by income) 12.0 years
Occupancy 100%
Alex Fraser Group 500

INDUSTRIAL SECTOR 70 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

AF LAVERTON NORTH LOGISTICS FACILITY 9–19 Alex Fraser Drive, Laverton North Vic.

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

With a substantial 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 the 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.

Summary

Tenancy statistics
Major tenants
(GLA sqm)
Summary
Year built (or refurbished)
Ownership
100%
Total GLA (sqm)
3,800
Usable site area (sqm)
305,000
WALE (by income)
18.4 years
Occupancy
100%
Alex Fraser Group
3,800

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 comprises a large, strategic land holding that is well located on the northern side of Kororoit Creek Road, approximately 1.5 kilometres east 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.

Year built (or refurbished) 2010
Ownership 100%
Total GLA (sqm) 9,519
Usable site area (sqm) 351,197
WALE (by income) 13.0 years
Occupancy 100%
Prixcar 9,519

INDUSTRIAL SECTOR 71 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

DISCOVERY INDUSTRIAL ESTATE Discovery Road, Dandenong South Vic.

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

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 tenancy sizes from 6,109 square metres to 24,060 square metres. Tenants include ITW Proline, UPM Raflatac, Gale Pacific, Sokol Designer Furniture and BJ Ball Papers.

The subject site incorporates a large, strategic holding of 11.7 hectares that 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.

Summary

Tenancy statistics
Major tenants
(GLA sqm)
Summary
Year built (or refurbished)
2014
Ownership
100%
Total GLA (sqm)
71,814
WALE (by income)
6.6 years
Occupancy
100%
BJ Ball
24,060
Illinois Tool Works
21,657
Gale Pacific
11,338

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 is approximately one kilometre from the 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.

Year built (or refurbished) 1987 (2009)
Ownership 100%
Total GLA (sqm) 90,370
WALE (by income) 2.9 years
Occupancy 100%
Metcash 90,370

INDUSTRIAL SECTOR 72 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

LAVERTON LOGISTICS CENTRE

32–58 William Angliss Drive, Laverton Vic.

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

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.

Tenancy statistics
Major tenants
(GLA sqm)
Summary
Year built (or refurbished)
2006
Ownership
100%
Total GLA (sqm)
46,218
WALE (by income)
0.5 years
Occupancy
49.0%
Kimberly-Clark
16,777
Bossard Australia
3,367

PARKWEST INDUSTRIAL ESTATE

Parkwest Drive, Derrimut Vic.

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

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 a site area of 16.2 hectares that contains 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.

Year built (or refurbished) 2000
Ownership 100%
Total GLA (sqm) 78,810
WALE (by income) 5.9 years
Occupancy 100%
Abaris 37,767
Efflog Operations 12,640
Manassen Foods 11,156

INDUSTRIAL SECTOR 73 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

SOMERTON LOGISTICS CENTRE Somerton Vic.

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

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 128,027 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.

Tenancy statistics
Major tenants
(GLA sqm)
Summary
Year built (or refurbished)
2008
Ownership
100%
Total GLA (sqm)
128,027
WALE (by income)
3.5 years
Occupancy
100%
Chemist Warehouse
39,003
Visy Logistics Pty Ltd
28,321

TRUGANINA DISTRIBUTION FACILITY

485 Dohertys Road, Truganina Vic.

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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.

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.

Year built (or refurbished) 2012
Ownership 50%
Total GLA (sqm) 69,074
WALE (by income) 14.0 years
Occupancy 100%
Coles Group Limited 69,074

INDUSTRIAL SECTOR 74 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

BOUNDARY LOGISTICS CENTRE 415–423 Boundary Road, Truganina Vic.

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

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

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.

The property comprises of a showroom/office and heavy vehicle dealership, workshop and warehouse facility purpose built for AHG on a 6.8 hectare site. The facility has a GLA of 11,590 square metres and comprises parts storage, heavy vehicle facilities, showroom/office and external concrete sealed display and storage areas.

Tenancy statistics
Major tenants
(GLA sqm)
Summary
Year built (or refurbished)
2018
Ownership
100%
Total GLA (sqm)
11,590
WALE (by income)
14.8 years
Occupancy
100%
AHG
11,590

DANDENONG DISTRIBUTION CENTRE

225 Glasscocks Road, Dandenong South Vic.

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The property comprises of a state of the art distribution facility of 69,217 square metres, purpose built for Woolworths Limited. The facility incorporates some elements of high bay, fully automated warehousing space with corporate offices and extensive hardstand areas.

Woolworths have commenced a 20 year lease. The facility has a site area of 15.9 hectares and is situated in Dandenong South, some 35 kilometres southeast of the Melbourne CBD and is within three kilometres of the Western Port Toll Road and Eastlink Motorway.

Year built (or refurbished) 2018
Ownership 48%
Total GLA (sqm) 69,217
WALE (by income) 19.7 years
Occupancy 100%
Woolworths Group 69,217

INDUSTRIAL SECTOR 75 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

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 76,375 square metres of generic high clearance warehouse and office space. Located in Canning Vale, 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.

Tenancy statistics
Major tenants
(GLA sqm)
Summary
Year built (or refurbished)
1980 (2001)
Ownership
100%
Total GLA (sqm)
76,375
WALE (by income)
2.9 years
Occupancy
60.5%
AHG
16,669
IKEA
14,220

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 16,163 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.

Year built (or refurbished) 1984 (2001)
Ownership 100%
Total GLA (sqm) 12,163
WALE (by income) 3.7 years
Occupancy 100%
KTI Logistics 6,216
CBH Group 5,947

INDUSTRIAL SECTOR 76 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

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 it 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.

Tenancy statistics
Major tenants
(GLA sqm)
Summary
Year built (or refurbished)
2007
Ownership
100%
Total GLA (sqm)
29,018
WALE (by income)
1.9 years
Occupancy
58.5%
Coles Group Limited
12,585
Woolworths Group
2,071

STOCKYARDS INDUSTRIAL ESTATE

385 Bushmead Rd, Hazelmere WA

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The property comprises a state of art freehold industrial estate of 27.3 hectares that comprises 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. The industrial estate has a total gross lettable area of 88,699 square metres with expansion land and hardstand/expansion land areas of a further 65,379 square metres.

Year built (or refurbished) 2010
Ownership 50%
Total GLA (sqm) 88,699
WALE (by income) 6.4 years
Occupancy 100%
Coca Cola 41,597
Linfox 19,810
Toll IPEC 15,474

INDUSTRIAL SECTOR 77 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

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.

Tenancy statistics
Major tenants
(GLA sqm)
Summary
Year built (or refurbished)
1984
Ownership
100%
Total GLA (sqm)
5,247
WALE (by income)
9.9 years
Occupancy
100%
Milne Agrigroup
5,247

CHULLORA LOGISTICS PARK (PRE-LEASE)

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 Chullora Pacific National Rail Terminal and Enfield Intermodal Terminal.

Buildings 3 has been pre-committed to Australia Post for circa 21,700 square metres and is expected to be completed in January 2019. An Agreement for Lease has also been entered into with Rittal for 4,420 square metres on a 10 year term over Building 1A. Development Applications have been lodged for Buildings 1 and 4, with construction to commence in Q3 2018.

Year built (or refurbished) Under Construction
Ownership 100%
Total GLA (sqm) 40,339
WALE (by income) 11.8 years
Occupancy 100%
Australia Post 21,710
Rittal 4,420

INDUSTRIAL SECTOR 78 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

HUNTINGWOOD LOGISTICS PARK (PRE-LEASE) 36 Huntingwood Drive, Huntingwood NSW

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Artist’s Impression
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36 Huntingwood Drive is situated in one of Sydney’s premium industrial locations in a market filled with some 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.

Chemist Warehouse have signed an AFL for 10 years for a new 33,534 square metre facility covering the entire site. Estate works are currently underway which will roll straight into the building works. Practical completion is currently forecast for October 2018.

Tenancy statistics
Major tenants
(GLA sqm)
Summary
Year built (or refurbished)
Under Construction
Ownership
100%
Total GLA (sqm)
33,534
WALE (by income)
10.0 years
Occupancy
100%
Chemist Warehouse
33,534

MOTORWAY INDUSTRIAL PARK (PRE-LEASE) 230–238 Gilmore Road, Berrinba Qld

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Artist’s Impression
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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.

Year built (or refurbished) Under Construction
Ownership 100%
Total GLA (sqm) 43,303
WALE (by income) 9.1 years
Occupancy 100%
Mitre 10 31,003
QLS 12,300

INDUSTRIAL SECTOR 79 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

Summary

M5M7 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 M5M7 Logistics Park and incorporates a vacant, rectangular shaped site of 4.5 hectares that features dual street frontage to Kurrajong Road and Melito Court.

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 27,500 square metres and an early works development application has been lodged.

Year built (or refurbished) Development Site
Ownership 100%
Total Proposed GLA (sqm) 27,500

WETHERILL PARK DISTRIBUTION CENTRE (LAND) 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 on a total site area of 8 hectares.

Building 2 is a redevelopment site of 5.5 hectares, which on completion will comprise a high clearance 30,000 square metre warehouse with corporate grade office and the ability for flexible tenancy sizes within. The facility will be fitted with LED lighting, ESFR Fire Suppression systems and a combination of sunken and on-grade dock access.

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

INDUSTRIAL SECTOR 80 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

MOTORWAY INDUSTRIAL PARK (LAND) 230–238 Gilmore Road, Berrinba Qld

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Artist’s Impression
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The 6 hectare site comprises the residual portion of the Motorway Industrial Park, which 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.

PEACHEY ROAD DISTRIBUTION CENTRE (LAND)

Lot 3 Peachey Road, Yatala Qld

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The land parcel of approximately 2.5 hectares (lot 2) at the Empire Industrial Estate is approximately 40 kilometres south of Brisbane CBD. The industrial area has easy access to the Pacific Motorway Yatala South Interchange and is located four kilometres from the Yatala North Interchange.

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.

Summary

Year built (or refurbished) Development Site
Ownership 100%
Total Proposed GLA (sqm) 28,250
Year built (or refurbished) Development Site
Ownership 100%
Total Proposed GLA (sqm) 13,770

INDUSTRIAL SECTOR 81 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

Summary

SHERBROOKE INDUSTRIAL PARK (LAND) 450 Sherbrooke Road, Willawong Qld

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Artist’s Impression
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The property comprises of 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 and is expected to become more 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) 30,500

TRADECOAST INDUSTRIAL PARK (LAND) 200 Holt Street, Pinkenba Qld

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Artist’s Impression
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The property comprises a 4.2 hectare site that is situated in the Eagle Farm/ Pinkenba industrial precinct, one of the most tightly held industrial locations in Brisbane which 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 20,785 square metres, with the ability to be split into four tenancies.

Year built (or refurbished) Development Site
Ownership 100%
Total Proposed GLA (sqm) 20,785

INDUSTRIAL SECTOR 82 CHARTER HALL PRIME INDUSTRIAL FUND

CHARTER HALL PROPERTY PORTFOLIO

MIDWEST LOGISTICS HUB (LAND)

500 Dohertys Road, Truganina Vic.

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A 58.8 hectare strategic land parcel located 19 kilometres west of Melbourne CBD in the prime industrial suburb of Truganina. The property is in close proximity to the Port of Melbourne and major roads, including the Western Ring Road and the M1/M80 Diamond Interchange.

The property provides access and exposure to a premier industrial precinct within the Melbourne market with the ability to create high quality, large scale campus style accommodation for major global occupiers with business park amenities and sustainability initiatives.

The Victorian Government have recognised the growing importance of Truganina and have committed $1.8 billion to road upgrades and maintenance in the area as well as $5.5 billion for the West Gate Tunnel project, which will significantly improve access to the precinct from the both Port and the CBD.

Summary

Year built (or refurbished) Development Site
Ownership 100%
Total Proposed GLA (sqm) 250,700

INDUSTRIAL SECTOR 83 FUND

CHARTER HALL PROPERTY PORTFOLIO

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Dandenong Distribution Centre, Dandenong South Vic.
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INDUSTRIAL SECTOR 84 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
Group 0.0%
18.5%
Inghams FY19
11.0% 2.7%
Target FY20
5.1% 6.3%
Peters Ice Cream FY21
5.1% 6.5%
Orora FY22
4.6% 6.5%
Schneider Electric Pty Ltd FY23
4.5% 3.5%
DHL Supply Chain FY24
4.3% 0.0%
Centurion Transport FY25
4.1% 2.8%
AHG FY26
3.8% 6.2%
Linfox FY27+
3.7% 65.5%
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INDUSTRIAL SECTOR 85 CORE LOGISTICS PARTNERSHIP

CHARTER HALL PROPERTY PORTFOLIO

GEOGRAPHICAL DIVERSIFICATION BY CURRENT VALUE

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5.0%
7.8%
5.9%
13.6%
56.5%
11.2%
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New South Wales Victoria Queensland Western Australia South Australia Tasmania

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Drystone Estate Vic.
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Summary
Tenancy statistics
Number of properties
27
Number of tenancies
47
Total GLA (sqm)
895,000
WALE (by income)
10.4 years
Occupancy
100%

INDUSTRIAL SECTOR 86 CORE LOGISTICS PARTNERSHIP

CHARTER HALL PROPERTY PORTFOLIO

PROPERTY PORTFOLIO

$1,554.8

TOTAL VALUE OF PORTFOLIO (A$M)

5.99%

WEIGHTED AVERAGE CAPITALISATION RATE (WACR)

ORTFOLIO
CLP WEIGHTED
OWNERSHIP WALE AVG RENT
(%) (YEARS) REVIEWS (%)
Chullora Distribution Facility NSW 100% 15.0 3.3%
Smithfield Logistics Centre NSW 100% 0.7 3.3%
Yennora Distribution Facility NSW 100% 4.6 3.9%
Connectwest Industrial Park Qld
(Cascade)
100% 7.0 3.0%
Murarrie Distribution Centre Qld 100% 16.4 2.2%
Edinburgh Parks Distribution Centre SA 50% 21.4 3.0%
Gepps Cross Distribution Centre SA 100% 9.1 3.0%
Translink Distribution Centre Tas. 49.9% 21.4 2.8%
Drystone Estate Vic.
(Courier Please)
100% 6.2 2.8%
Drystone Estate Vic.
(Laverton Cold Storage)
100% 14.4 3.3%
Drystone Estate Vic.
(Rand)
100% 3.5 2.2%
Drystone Estate Vic.
(Target)
100% 8.5 2.7%
Drystone Estate Vic.
(The Reject Shop)
100% 8.4 2.7%
CLP WEIGHTED
OWNERSHIP WALE AVG RENT
(%) (YEARS) REVIEWS (%)
Drystone Estate Vic.
(Woolworths)
100% 17.1 3.3%
Mulgrave Distribution Facility Vic. 100% 14.9 3.0%
Parkwest Industrial Park Vic. 100% 3.2 2.3%
Scoresby Distribution Centre Vic. 100% 11.2 3.0%
Truganina Logistics Park Vic. 100% 2.2 3.3%
Hazelmere Distribution Centre WA 100% 14.8 3.4%
Stockyards Industrial Estate WA 50% 6.4 3.5%
Welshpool Industrial Centre WA 100% 8.5 3.3%
Connectwest Industrial Park Qld
(AHG/pre-lease)
100% 15.0 3.0%
Connectwest Industrial Park Qld
(Goodman Fielder/pre-lease)
100% 10.0 3.25%
Connectwest Industrial Park Qld
(Victoria Freight Services/pre-lease)
100% 7.0 3.25%
Drystone Estate Vic.
(Woolworths/pre-lease)
100% 15.0 2.8%
Connectwest Industrial Park Qld (land) 100% - -
Drystone Estate Vic. (land) 100% - -
TOTAL/WEIGHTED AVERAGE 10.4 3.0%

INDUSTRIAL SECTOR 87 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 37.9% Ingham’s 25.7% Liberty OneSteel 19.0% Grace 9.6% Australia Post 4.4% Rondo Building Services 3.5%

ANNUAL LEASE EXPIRY GROSS INCOME

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0.0% FY19 0.0% FY20 0.0% FY21 0.0% FY22 0.0% FY23 0.0% FY24 13.2% FY25 0.0% FY26 18.8% FY27+ 68.0%

INDUSTRIAL SECTOR 88 DIRECT INDUSTRIAL FUND NO.2

CHARTER HALL PROPERTY PORTFOLIO

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GEOGRAPHICAL DIVERSIFICATION BY CURRENT VALUE

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14.4%
28.5%
31.0% 17.4%
8.7%
New South Wales
Victoria
Queensland
Western Australia
South Australia
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INDUSTRIAL SECTOR 89 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% 10.1 3.3%
Campbelltown Distribution Centre, Campbelltown NSW 100% 8.0 3.2%
Ingleburn Distribution Centre, Ingleburn NSW 100% 16.4 3.0%
Cleveland Distribution Centre, Cleveland Qld 100% 18.4 3.0%
Coles Distribution Centre, Adelaide SA 24% 8.6 2.8%
Rondo Facility, Dandenong South, Vic. 100% 5.4 3.2%
Rowville Distribution Centre, Rowville Vic. 100% 9.9 3.3%
Thomastown Distribution Centre, Thomastown Vic. 100% 16.4 3.0%
Coles Distribution Centre, Perth WA 25% 9.9 2.8%
Bibra Lake Distribution Centre, Bibra Lake WA 100% 12.7 3.5%
TOTAL/WEIGHTED AVERAGE 11.5 3.0%

$280.5

TOTAL VALUE OF PORTFOLIO (A$M)

6.33%

WEIGHTED AVERAGE CAPITALISATION RATE (WACR)

Coles Distribution Centre, Adelaide SA

INDUSTRIAL SECTOR 90 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)
10.1 years
Occupancy
100%
Liberty OneSteel
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 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) 2014
Ownership 100%
Total GLA (sqm) 17,765
WALE (by income) 8.0 years
Occupancy 100%
Grace Worldwide Group 17,765

INDUSTRIAL SECTOR 91 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)
16.4 years
Occupancy
100%
Ingham’s
7,748
Year built (or refurbished) 1985 (1993)
Ownership 100%
Total GLA (sqm) 8,942
WALE (by income) 18.4 years
Occupancy 100%
Ingham’s 8,942

INDUSTRIAL SECTOR 92 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 67,944 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)
8.6 years
Occupancy
100%
Coles Group Limited
67,944

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. The property is a modern and conventional office warehouse building of 6,510 square metres built 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) 6,510
WALE (by income) 5.4 years
Occupancy 100%
Rondo Building Services 6,510

INDUSTRIAL SECTOR 93 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.

Summary

Tenancy statistics
Major tenants
(GLA sqm)
Summary
Year built (or refurbished)
2013
Ownership
100%
Total GLA (sqm)
6,477
WALE (by income)
9.9 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, a main food processing plant and associated temperature controlled stores. 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) 16.4 years
Occupancy 100%
Ingham’s 9,063

INDUSTRIAL SECTOR 94 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 industrial 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)
9.9 years
Occupancy
100%
Coles Group Limited
81,647
Year built (or refurbished) 1987
Ownership 100%
Total GLA (sqm) 15,698
WALE (by income) 12.7 years
Occupancy 100%
Liberty OneSteel 15,698

INDUSTRIAL SECTOR 95 DIRECT INDUSTRIAL FUND NO.3

CHARTER HALL PROPERTY PORTFOLIO

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

DIRECT INDUSTRIAL Coles Distribution Centre WA
FUND NO.3
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 7 TENANTS ANNUAL LEASE EXPIRY
BY GROSS INCOME GROSS INCOME
Coles Vacant
34.7% 0.0%
Bradken Resources FY19
15.4% 0.0%
Wild Breads Pty Ltd FY20
13.6% 0.0%
Woolworths FY21
13.1% 4.9%
Cospak FY22
9.8% 0.0%
Loscam Australia Pty Ltd FY23
7.0% 0.0%
SCT Logistics FY24
4.9% 0.0%
FY25
1.5%
FY26
0.0%
FY27+
93.6%
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INDUSTRIAL SECTOR 96 DIRECT INDUSTRIAL FUND NO.3

CHARTER HALL PROPERTY PORTFOLIO

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GEOGRAPHICAL DIVERSIFICATION
BY CURRENT VALUE
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12.4%
25.5%
17.7%
31.9%
12.5%
New South Wales
Victoria
Queensland
Western Australia
South Australia
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INDUSTRIAL SECTOR 97 DIRECT INDUSTRIAL FUND NO.3

CHARTER HALL PROPERTY PORTFOLIO

PROPERTY PORTFOLIO

2637 Ipswich Road, Darra Qld

$324.2
TOTAL VALUE
OF PORTFOLIO (A$M)
6.16%
WEIGHTED AVERAGE
CAPITALISATION RATE
(WACR)
DIF3
OWNERSHIP (%)
WALE
(YEARS)
WEIGHTED AVG
RENT REVIEWS (%)
1 Culverston & 21 Huntsmore Roads, Minto NSW
100%
12.1
2.3%
34–42 Tyrone Place, Erskine Park NSW
100%
2.0
3.5%
54 Tyrone Place, Erskine Park NSW
100%
13.1
3.0%
45 Kiln, Darra Qld
100%
17.5
3.5%
Coles Distribution Centre, Adelaide SA
24%
8.6
2.8%
Dandenong Distribution Centre, Dandenong South Vic.
26%
19.7
2.8%
Bassendean Industrial Estate, Bassendean WA
100%
12.0
3.3%
Coles Distribution Centre, Perth WA
25%
9.9
2.8%
TOTAL/WEIGHTED AVERAGE
12.5
3.0%

INDUSTRIAL SECTOR 98 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 are easily accessible from the Hume Motorway. The Culverston Road premises comprises a large freestanding office and warehouse facility constructed in 2002. The Huntsmore Road premises comprise two industrial office and warehouse facilities.

Tenancy statistics
Major tenants
(GLA sqm)
Summary
Year built (or refurbished)
2002
Ownership
100%
Total GLA (sqm)
18,671
WALE (by income)
12.1 years
Occupancy
100%
Cospak
18,671

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 and is 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) 4,611
WALE (by income) 2.0 years
Occupancy 100%
SCT Logistics 4,611

INDUSTRIAL SECTOR 99 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. The property comprises two new warehouses with associated offices, container rated hardstands and parking.

45 KILN STREET

Darra Qld

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This 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.

Summary

Tenancy statistics
Major tenants
(GLA sqm)
Summary
Year built (or refurbished)
2017
Ownership
100%
Total GLA (sqm)
6,938
WALE (by income)
13.1 years
Occupancy
100%
Loscam
6,074
Kingston Industries (Tutt Bryant)
864
Year built (or refurbished) 2015
Ownership 100%
Total GLA (sqm) 12,348
WALE (by income) 17.5 years
Occupancy 100%
Wild Breads Pty Ltd 12,348

INDUSTRIAL SECTOR 100 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)
8.6 years
Occupancy
100%
Coles Group Limited
67,944

DANDENONG DISTRIBUTION CENTRE

225 Glasscocks Road, Dandenong South Vic.

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The property comprises of a state of the art distribution facility of 69,217 square metres, purpose built for Woolworths Limited. The facility incorporates some elements of high bay, fully automated warehousing space with corporate offices and extensive hardstand areas.

Woolworths have commenced a 20 year lease. The facility has a site area of 15.9 hectares and is situated in Dandenong South, some 35 kilometres southeast of the Melbourne CBD and is within three kilometres of the Western Port Toll Road and Eastlink Motorway.

Year built (or refurbished) 2018
Ownership 26%
Total GLA (sqm) 69,217
WALE (by income) 19.7 years
Occupancy 100%
Woolworths Group 69,217

101

CHARTER HALL PROPERTY PORTFOLIO

INDUSTRIAL SECTOR DIRECT INDUSTRIAL FUND NO.3

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.

Improvements 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)
12.0 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) 9.9 years
Occupancy 100%
Coles Group Limited 81,647

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CHARTER HALL 102
PROPERTY PORTFOLIO
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Coles Distribution Centre, 2 Sturton Road, Adelaide SA

103

CHARTER HALL PROPERTY PORTFOLIO

INDUSTRIAL SECTOR DIRECT INDUSTRIAL FUND NO.4

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 7 TENANTS[1]

BY GROSS INCOME

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P & M Quality Smallgoods 23.0% Shemapel 2005 (AMCAP) 21.0% Ingham’s 16.2% GPC Asia Pacific 10.6% Woolworths Group 4.1% Target 1.1% Peter’s Ice Cream 1.1%

ANNUAL LEASE EXPIRY[1] GROSS INCOME

Vacant 0.0% FY19 1.0% FY20 1.9% FY21 2.2% FY22 2.2% FY23 1.0% FY24 0.0% FY25 1.0% FY26 33.5% FY27+ 57.2%

  1. Includes DIF4’s investment in Core Logistics Partnership (CLP).

104

CHARTER HALL PROPERTY PORTFOLIO

INDUSTRIAL SECTOR DIRECT INDUSTRIAL FUND NO.4

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GEOGRAPHICAL DIVERSIFICATION [1]
BY CURRENT VALUE
32.3%
1.3%
19.5%
14.3%
2.8%
29.8%
New South Wales
Victoria
Queensland
Western Australia
South Australia
Tasmania
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  1. Includes DIF4’s investment in Core Logistics Partnership (CLP).

INDUSTRIAL SECTOR 105 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% 10.8 2.3%
$208.3 Edinburgh Parks Distribution Centre SA 50% 21.4 3.0%
TOTAL VALUE
13–39 Pilbara Road, Welshpool WA 100% 7.7 3.5%
OF PORTFOLIO [1] (A$M)
TOTAL/WEIGHTED AVERAGE [1] 11.1 3.0%
6.31%
WEIGHTED AVERAGE
CAPITALISATION RATE [1]
(WACR)
1. Includes DIF4’s investment in Core Logistics Partnership (CLP).
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106

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 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)
10.8 years
Occupancy
100%
P&M Quality Smallgoods
14,920

EDINBURGH PARKS DISTRIBUTION CENTRE

27–35 Sturton Road, Edinburgh SA

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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.

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. With a lettable area of 21,595 square metres and extensive expansion land, the property has 100% occupancy and a 21.4 year remaining lease term.

Year built (or refurbished) 2007
Ownership 50%
Total GLA (sqm) 21,595
WALE (by income) 21.4 years
Occupancy 100%
Ingham’s 21,595

107

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 comprising of two freestanding office and warehouse buildings, extends to 31,231 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)
7.7 years
Occupancy
100%
Shemapel Pty Ltd (AMCAP)
19,704
GPC Asia Pacific
11,587

108

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.

$87.4

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)
8.6 years
Occupancy
100%
Coles Group Limited
67,944

Coles Distribution Centre, 2 Sturton Road, Adelaide SA

RETAIL

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165 5.93% NUMBER OF WEIGHTED AVERAGE PROPERTIES CAPITALISATION RATE (WACR) 97.9% 8.1years OCCUPANCY WEIGHTED AVERAGE LEASE EXPIRY (WALE)

Secret Harbour Square, Secret Harbour WA

CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 111 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 BY GROSS INCOME

BY GROSS INCOME

Wesfarmers 24.7% Woolworths Group 5.6% Australian Pharmaceutical Industry 4.1% Dollar King 3.4% Aldi 2.8% Commonwealth Bank of Australia 2.1% The Reject Shop 1.6% Shopsmart Wholesale Pharmacy 1.6% Farm Fresh Meats 1.6% Budget Beaters 1.5%

Vacant 5.3% FY19 21.7% FY20 7.4% FY21 17.4% FY22 7.9% FY23 13.2% FY24 1.6% FY25 4.4% FY26 0.0% FY27+ 21.1%

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CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR CHARTER HALL PRIME RETAIL FUND

112

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

$272.5

TOTAL VALUE OF PORTFOLIO[1] (A$M)

5.75%

WEIGHTED AVERAGE CAPITALISATION RATE (WACR)

CAMPBELLTOWN MALL

271 Queen Street, Campbelltown NSW

Campbelltown Mall comprises a two level Convenience Plus shopping centre with a total GLA of 42,582 square metres. The centre is anchored by Kmart and Target discount department stores, Coles, Woolworths and Aldi supermarkets.

Summary
Tenancy statistics
Major tenants
Gross Income
Contribution (%)
Number of tenancies
122
Total GLA (sqm)
42,582
Ownership (Campbelltown Mall)
100%
Classifcation
Convenience Plus
WALE (by income)
4.0 years
Occupancy (by income)
94.7%
Wesfarmers
24.7%
Woolworths Group
5.6%
  1. Includes acquisition of Gateway Plaza in July 2018.

CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR CHARTER HALL RETAIL REIT

113

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Gateway Plaza, Leopold Vic.
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, the REIT aims to offer
unit holders an investment product that provides a secure and growing income stream from its
portfolio of convenience based retail.
TOP TENANTS ANNUAL LEASE EXPIRY
BY BASE RENT BY GROSS INCOME
Woolworths Vacant
Group 2.8%
24.3%
Wesfarmers FY19
22.2% 9.5%
Australian Pharmaceutical Industries FY20
2.0% 9.2%
Aldi FY21
1.4% 12.1%
The Reject Shop FY22
1.1% 11.4%
Noni B FY23
1.1% 10.3%
Commonwealth Bank FY24
1.1% 5.8%
Retail Food Group FY25
0.9% 5.4%
Bakers Delight FY26
0.8% 2.2%
Specsavers FY27+
0.7% 31.3%
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CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 114 CHARTER HALL RETAIL REIT

CHARTER HALL RETAIL REIT

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GEOGRAPHICAL DIVERSIFICATION
BY CURRENT VALUE
48.3%
1.1%
4.2%
4.0% 10.4%
15.4% 16.6%
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SUMMARY OPERATIONAL PERFORMANCE METRICS RATINGS

Number of properties1 59
Gross lettable area (CQR share, ‘000 sqm) 580.3
Valuation1(CQR share, $m) 2,851.3
Same property NOI growth 1.8%
Occupancy (by GLA) 98.1%
Average fxed specialty rental increases2 4.2%
Portfolio WALE (years) 6.6
Average NABERS Energy rating 3.75 star
Average NABERS Water rating 3.43 star

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

  1. Includes acquisition of Gateway Plaza in July 2018. 2. On existing leases over FY19.

CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 115 CHARTER HALL RETAIL REIT

AUSTRALIAN CAPITAL TERRITORY PROPERTY PORTFOLIO

Summary

Summary
Tenancy statistics
Major tenants
ABR1Contribution (%)
Number of properties
3
Number of tenancies
62
Total GLA (sqm)
17,314
WALE (by income)
5.4 years
Occupancy (by GLA)
98.7%
Woolworths Group
29.1%
Wesfarmers
19.1%

Manuka Terrace, Manuka ACT

OWNERSHIP (%)

$118.2 TOTAL VALUE OF PORTFOLIO (A$M)

OWNERSHIP (%)
Dickson Woolworths, Dickson ACT 100%
Erindale Shopping Centre, Wanniassa ACT 100%
Manuka Terrace, Manuka ACT 100%

6.00% WEIGHTED AVERAGE CAPITALISATION RATE (WACR)

  1. Annual base rent.

CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 116 CHARTER HALL RETAIL REIT

NEW SOUTH WALES PROPERTY PORTFOLIO

Salamander Bay Square, Salamander Bay NSW

Summary
Tenancy statistics
Major tenants
ABR1Contribution (%)
Number of properties
26
Number of tenancies
856
Total GLA (sqm)
271,307
WALE (by income)
6.3 years
Occupancy (by GLA)
98.9%
Woolworths Group
25.2%
Wesfarmers
17.8%
  1. Annual base rent.

CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 117 CHARTER HALL RETAIL REIT

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Singleton Square, Singleton NSW
NEW SOUTH WALES PROPERTY PORTFOLIO
OWNERSHIP (%)
Balo Square, Moree NSW 100%
Bateau Bay Square, Bateau Bay NSW 48%
$1,349.7
Carnes Hill Marketplace, Horningsea Park NSW 50%
TOTAL VALUE
OF PORTFOLIO (A$M) Cooma Woolworths, Cooma NSW 100%
Cootamundra Woolworths, Cootamundra NSW 100%
Dubbo Square, Dubbo NSW 100%
Gordon Village Centre, Gordon NSW 100%
6.00%
Goulburn Square, Goulburn NSW 100%
WEIGHTED AVERAGE
Highlands Marketplace, Mittagong NSW 50%
CAPITALISATION
RATE (WACR) Jerrabomberra Village, Jerrabomberra NSW 100%
Kings Langley Shopping Centre, Kings Langley NSW 100%
Lake Macquarie Fair, Mount Hutton NSW 100%
Morisset Square Shopping Centre, Morisset NSW 100%
Mount Hutton Plaza, Mount Hutton NSW 100%
Mudgee Metroplaza, Mudgee NSW 100%
Orange Central Square, Orange NSW 100%
Parkes Metroplaza, Parkes NSW 100%
Pemulwuy Marketplace, Greystanes NSW 50%
Rutherford Marketplace, Rutherford NSW 50%
Salamander Bay Square, Salamander Bay NSW 100%
Singleton Square and Plaza, Singleton NSW 100%
Sunnyside Mall, Murwillumbah NSW 100%
Tamworth Square, Tamworth NSW 100%
Tumut Coles, Tumut NSW 100%
West Ryde Marketplace, West Ryde NSW 50%
Young Woolworths, Young NSW 100%
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CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 118 CHARTER HALL RETAIL REIT

NORTHERN TERRITORY PORTFOLIO

Summary
Tenancy statistics
Major tenants
ABR1Contribution (%)
Number of properties
1
Number of tenancies
18
Total GLA (sqm)
7,155
WALE (by income)
5.7 years
Occupancy (by GLA)
95.1%
Woolworths Group
53.1%
Wesfarmers
7.9%
OWNERSHIP (%)
Katherine Central Shopping Centre, Katherine NT 100%

$29.5

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 119 CHARTER HALL RETAIL REIT

QUEENSLAND PROPERTY PORTFOLIO

Summary

Number of properties 11
Number of tenancies 244
Total GLA (sqm) 85,797
WALE (by income) 7.0 years
Occupancy (by GLA) 98.0%
Woolworths Group 29.8%
Wesfarmers 19.7%

Tenancy statistics

Major tenants ABR[1] Contribution (%)

OWNERSHIP (%)
Allenstown Square, Rockhampton Qld
Arana Hills Plaza, Arana Hills Qld
100%
100%
Atherton Square, Atherton Qld 100%
Bay Plaza, Hervey Bay Qld 100%
Bribie Island Shopping Centre, Bribie Island Qld
Coomera Square, Coomera Qld
100%
100%
Currimundi Markets, Currimundi Qld 100%
Gatton Plaza, Gatton Qld 100%
Highfelds Village Shopping Centre, Highfelds Qld 100%
Mareeba Square, Mareeba Qld 100%
Sydney Street Markets, Mackay Qld 100%

$463.9 TOTAL VALUE OF PORTFOLIO (A$M)

6.23%

WEIGHTED AVERAGE CAPITALISATION RATE (WACR)

Arana Hills Plaza, Arana Hills Qld

  1. Annual base rent.

CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 120 CHARTER HALL RETAIL REIT

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Brickworks Marketplace, Torrensville SA
SOUTH AUSTRALIA PROPERTY PORTFOLIO
Summary Number of properties 2
Number of tenancies 88
Total GLA (sqm) 32,964
Tenancy statistics WALE (by income) 8.0 years
Occupancy (by GLA) 96.0%
Major tenants Woolworths Group 29.4%
ABR [1] Contribution (%)
Wesfarmers 20.0%
OWNERSHIP (%)
Brickworks Marketplace, Torrensville SA 50%
$111.3 Southgate Square, Morphett Vale SA 100%
TOTAL VALUE
OF PORTFOLIO (A$M)
6.32%
WEIGHTED AVERAGE
CAPITALISATION
RATE (WACR)
1. Annual base rent.
----- End of picture text -----

CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 121 CHARTER HALL RETAIL REIT

VICTORIA PROPERTY PORTFOLIO

Summary

Number of properties2 6
Number of tenancies 146
Total GLA (sqm) 60,101
WALE (by income) 6.0 years
Occupancy (by GLA) 98.6%
Wesfarmers 36.3%
Woolworths Group 13.7%

Tenancy statistics

Major tenants ABR[1] Contribution (%)

OWNERSHIP (%)
Bairnsdale Coles, Bairnsdale Vic. 100%
Gateway Plaza, Leopold Vic. 50%
Kyneton Shopping Centre, Knyeton Vic. 100%
Lansell Square, Bendigo Vic. 100%
Moe Coles, Moe Vic. 100%
Rosebud Plaza, Rosebud Vic. 100%

$348.5

TOTAL VALUE OF PORTFOLIO[2] (A$M)

6.01%

Gateway Plaza, Leopold Vic.

WEIGHTED AVERAGE CAPITALISATION RATE (WACR)

  1. Annual base rent.

  2. Includes acquisition of Gateway Plaza in July 2018.

CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 122 CHARTER HALL RETAIL REIT

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Secret Harbour Square, Secret Harbour WA
WESTERN AUSTRALIA PROPERTY PORTFOLIO
Summary Number of properties 10
Number of tenancies 257
Total GLA (sqm) 105,663
Tenancy statistics WALE (by income) 7.0 years
Occupancy (by GLA) 97.0%
Major tenants Wesfarmers 32.6%
ABR [1] Contribution (%)
Woolworths Group 17.9%
OWNERSHIP (%)
Albany Plaza, Albany WA 100%
$430.2 Carnarvon Central, Carnarvon WA 100%
TOTAL VALUE Esperance Boulevard, Esperance WA 100%
OF PORTFOLIO (A$M)
Kalgoorlie Central, Kalgoorlie WA 100%
Maylands Coles, Maylands WA 100%
6.55% Narrogin Coles, Narrogin WA 100%
WEIGHTED AVERAGE Secret Harbour Square, Secret Harbour WA 100%
CAPITALISATION
RATE (WACR) South Hedland Square, South Hedland WA 100%
Swan View Shopping Centre, Swan View WA 100%
Wanneroo Central, Wanneroo WA 50%
1. Annual base rent.
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CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 123 RETAIL PARTNERSHIP NO.1

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 Convenience and Convenience Plus shopping centres.

TOP TENANTS

ANNUAL LEASE EXPIRY BY GROSS INCOME

BY GROSS INCOME

Woolworths Group 32.1% Wesfarmers 8.4% Australian Pharmaceutical Industry 3.5% Commonwealth Bank of Australia 1.7% ANZ 1.3% Specsavers 1.1% Retail Food Group 1.0% Westpac 1.0% Tony & Marks 0.9% Bakers Delight 0.9%

Vacant 1.7% FY19 6.9% FY20 12.0% FY21 9.3% FY22 11.4% FY23 8.3% FY24 4.2% FY25 2.5% FY26 0.9% FY27+ 42.8%

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CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR RETAIL PARTNERSHIP NO.1

124

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

Brickworks Marketplace, Torrensville SA
GEOGRAPHICAL DIVERSIFICATION
BY CURRENT VALUE
12.6%
21.6%
65.7%
0.1%
New South Wales
Queensland
Western Australia
South Australia
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CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 125 RETAIL PARTNERSHIP NO.1

PROPERTY PORTFOLIO

OWNERSHIP (%) CLASSIFICATION
Carnes Hill Marketplace, Horningsea Park NSW
Highlands Marketplace, Mittagong NSW
50%
50%
Convenience Plus
Convenience Plus
Pemulwuy Marketplace, Greystanes NSW
Rutherford Marketplace, Rutherford NSW
50%
50%
Convenience
Convenience
West Ryde Marketplace, West Ryde NSW
153 Auckland Street, Gladstone Qld
50%
50%
Convenience
Other
Brickworks Marketplace, Torrensville SA 50% Convenience Plus
Wanneroo Central, Wanneroo WA 50% Convenience Plus

$526.8

TOTAL VALUE OF PORTFOLIO (A$M)

5.87%

WEIGHTED AVERAGE CAPITALISATION RATE (WACR)

Summary

Summary
Tenancy statistics
Major tenants
Gross Income
Contribution (%)
Number of properties
8
Number of tenancies
278
Total GLA (sqm)
86,659
WALE (by income)
9.3 years
Occupancy (by income)
98.3%
Woolworths Group
32.1%
Wesfarmers
8.4%

Major tenants Gross Income Contribution (%)

Carnes Hill Marketplace, Horningsea Park NSW

CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 126 RETAIL PARTNERSHIP NO.1

CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 127 RETAIL PARTNERSHIP NO.2

RETAIL PARTNERSHIP NO.2

Bateau Bay Square, Bateau Bay NSW

Bateau Bay Square is a Convenience Plus 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

BY GROSS INCOME

Wesfarmers 20.1% Woolworths Group 8.7% Terry White Chemists 3.8% Aldi 3.5% Westpac 2.3% ANZ 2.1% Newcastle Permanent Building Society 2.0% The Reject Shop 1.9% Commonwealth Bank of Australia 1.9% NAB 1.9%

ANNUAL LEASE EXPIRY BY GROSS INCOME

Vacant 3.1% FY19 13.8% FY20 11.9% FY21 15.9% FY22 6.3% FY23 9.7% FY24 3.7% FY25 9.4% FY26 12.6% FY27+ 13.7%

CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR RETAIL PARTNERSHIP NO.2

128

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.

$232.0

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
110
Total GLA (sqm)
29,226
Ownership
52.5%
Classifcation
Convenience Plus
WALE (by income)
4.9 years
Occupancy (by income)
96.9%
Wesfarmers
20.1%
Woolworths Group
8.7%

CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR RETAIL PARTNERSHIP NO.6

129

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Pacific Square, Maroubra NSW
RETAIL PARTNERSHIP NO.6
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 Convenience Plus shopping centres located in metro Sydney locations.
TOP TENANTS ANNUAL LEASE EXPIRY
BY GROSS INCOME BY GROSS INCOME
Wesfarmers Vacant
15.0% 6.4%
Woolworths Group FY19
7.9% 15.3%
Aldi FY20
6.1% 15.0%
Fitness First FY21
6.0% 3.2%
Freshworld FY22
4.2% 3.2%
Australian Pharmaceutical Industry FY23
3.3% 13.2%
The Fish Market @ Maroubra FY24
2.4% 12.3%
Commonwealth Bank of Australia FY25
2.1% 22.6%
Max Bargain FY26
1.8% 5.2%
NAB FY27+
1.7% 3.5%
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CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 130 RETAIL PARTNERSHIP NO.6

PROPERTY PORTFOLIO

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$278.0

TOTAL VALUE OF PORTFOLIO (A$M)

5.59%

WEIGHTED AVERAGE CAPITALISATION RATE (WACR)

PACIFIC SQUARE

==> picture [189 x 132] intentionally omitted <==

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
127
Total GLA (sqm)
33,477
Ownership
100%
Classifcation
Convenience Plus
WALE (by income)
4.5 years
Occupancy (by income)
93.6%
Wesfarmers
15.0%
Woolworths Group
7.9%

BASS HILL PLAZA Bass Hill NSW

Bass Hill Plaza comprises a two level, fully enclosed Convenience Plus 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

131

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

ANNUAL LEASE EXPIRY BY GROSS INCOME

BY GROSS INCOME

Bunnings 90.7% Keppel Logistics 2.7% Woolworths Group 2.0% Liquorland 1.2% BCF 0.8% Aldi 0.7% Chemmart Chemist 0.6% Petstock Keperra 0.6% The Reject Shop 0.4% Super Cheap Auto 0.4%

Vacant 0.4% FY19 8.3% FY20 1.8% FY21 5.6% FY22 1.0% FY23 1.7% FY24 0.2% FY25 4.4% FY26+ 76.6%

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CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR LONG WALE HARDWARE PARTNERSHIP

132

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GEOGRAPHICAL DIVERSIFICATION BY CURRENT VALUE

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

45.5%
2.7%
6.8%
13.7%
3.7%
27.6%
New South Wales
Victoria
Queensland
Western Australia
ACT
Tasmania
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CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 133 LONG WALE HARDWARE PARTNERSHIP

PROPERTY PORTFOLIO

Summary
Tenancy statistics
$995.6
TOTAL VALUE
OF PORTFOLIO (A$M)
5.49%
WEIGHTED AVERAGE
CAPITALISATION
RATE (WACR)
OWNERSHIP (%)
CLASSIFICATION
Bunnings, Gungahlin ACT
100%
Metro
Bunnings, Albion Park NSW
100%
Metro
Bunnings, Castle Hill NSW
100%
Metro
Bunnings, Chatswood NSW
100%
Metro
Bunnings, Hoxton Park NSW
100%
Metro
Bunnings, Kingsgrove NSW
100%
Metro
Bunnings, Kirrawee NSW
100%
Metro
Bunnings, Marsden Park NSW
100%
Metro
Bunnings, Narellan NSW
100%
Metro
Bunnings, Northmead NSW
100%
Metro
Bunnings, Burleigh Heads Qld
100%
Metro
Bunnings, Cairns Qld
100%
Regional
Bunnings, Keperra Qld
100%
Metro
Bunnings, Rockhampton, Qld
100%
Regional
Bunnings, Stafford Qld
100%
Metro
Stafford Wiley Qld
100%
Metro
Great Western Super Centre, Keppera Qld
100%
Metro
Bunnings, Mornington Tas.
100%
Metro
Bunnings, Dandenong Vic.
100%
Metro
Bunnings, Armadale WA
100%
Metro
Bunnings, Bayswater Perth WA
100%
Metro
Bunnings Greenfelds, WA
100%
Regional
Bunnings, Wangara WA
100%
Metro
Number of properties
23
Number of tenancies
92
Total GLA (sqm)
328,012
WALE (by income)
8.9 years
Occupancy (by income)
99.6%

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CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 134 LONG WALE HARDWARE PARTNERSHIP

CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 135 LONG WALE INVESTMENT PARTNERSHIP

LONG WALE INVESTMENT PARTNERSHIP

Long WALE Investment Partnership (LWIP) is a 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)
165,771
WALE (by income)
16.3 years
Occupancy (by income)
100%

GEOGRAPHICAL DIVERSIFICATION BY CURRENT VALUE

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

2.7%
3.5%
6.4%
39.1%
11.4%
37.0%
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New South Wales Victoria Queensland Western Australia South Australia Tasmania

CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 136 LONG WALE INVESTMENT PARTNERSHIP

PROPERTY PORTFOLIO

$768.8
TOTAL VALUE
OF PORTFOLIO (A$M)
5.89%
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%
Bridge Inn Hotel, Mernda, 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%
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 137 LONG WALE INVESTMENT PARTNERSHIP NO.2

LONG WALE INVESTMENT PARTNERSHIP NO.2

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

$160.9
TOTAL VALUE
OF PORTFOLIO (A$M)
5.91%
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) 84,756
WALE (by income) 17.0 years
Occupancy (by income) 99.2%

Tenancy statistics

GEOGRAPHICAL DIVERSIFICATION BY CURRENT VALUE

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8.7%
33.4% 57.9%
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NSW Victoria Queensland

CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR CHARTER HALL DIRECT BW TRUST

138

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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% 7.1
$96.6 Bunnings, Rouse Hill NSW 100% 6.4
TOTAL VALUE Bunnings, Taree NSW 100% 7.6
OF PORTFOLIO (A$M)
Bunnings, Rosebud Vic. 100% 6.4
TOTAL / WEIGHTED AVERAGE 6.8
5.72%
WEIGHTED AVERAGE
CAPITALISATION
RATE (WACR)
Summary Number of properties 4
Number of tenancies 4
Total GLA (sqm) 42,088
Tenancy statistics WALE (by income) 6.8 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 139 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).

$112.9 TOTAL VALUE OF PORTFOLIO (A$M)

5.94%

WEIGHTED AVERAGE CAPITALISATION RATE (WACR)

DAT WALE WEIGHTED AVG
OWNERSHIP (%) (YEARS) RENT REVIEWS (%)
2A Victoria Avenue, Castle Hill NSW 100% 9.1 4.0%
26-28 Waratah Street, Kirrawee NSW 100% 12.2 2.8%
18-28 Anzac Avenue, Hillcrest Qld 100% 13.4 2.8%
TOTAL / WEIGHTED AVERAGE 10.3 3.6%

GEOGRAPHICAL DIVERSIFICATION BY CURRENT VALUE

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11.7%
88.3%
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New South Wales Queensland

CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 140 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)
9.1 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) 12.2 years
Occupancy (by income) 100%
Automotive Holdings Group 3,772

CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 141 CHARTER HALL DIRECT AUTOMOTIVE TRUST

18-28 ANZAC AVENUE Hillcrest Qld

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Completed in December 2016, the property comprises a dealership with showroom, office, service centre and external display areas.

This property is located on a high profile site in a car dealership precinct, making it a destination for car buyers.

Summary
Tenancy statistics
Major tenants
(GLA sqm)
Year built (or refurbished)
2016
Ownership
100%
Total GLA (sqm)
2,822
WALE (by income)
13.4 years
Occupancy (by income)
100%
Automotive Holdings Group
2,822

CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 142 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).

$90.4
TOTAL VALUE
OF PORTFOLIO (A$M)
DAT2
OWNERSHIP (%)
WALE
(YEARS)
WEIGHTED AVG
RENT REVIEWS (%)
375-377 Hume Highway, Liverpool NSW
100%
14.9
2.8%
Mount Gravatt Properties, Mount Gravatt Qld
100%
8.0
2.8%
Lot 1, 530 McDonalds Road, South Morang Vic.
100%
14.9
2.8%
441-445 Waneroo Road, Balcatta WA
100%
13.0
2.8%
TOTAL/WEIGHTED AVERAGE
11.1
2.8%

6.27%

WEIGHTED AVERAGE CAPITALISATION RATE (WACR)

GEOGRAPHICAL DIVERSIFICATION BY CURRENT VALUE

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19.8%
12.4%
18.0%
49.8%
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New South Wales Victoria Queensland Western Australia

CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 143 CHARTER HALL DIRECT AUTOMOTIVE TRUST NO.2

375-377 HUME HIGHWAY Liverpool, NSW

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The recently completed property comprises a dealership with showroom, office, service centre and external display areas. A separate Subaru service centre forms part of the site which services 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)
2018
Ownership
100%
Total GLA (sqm)
3,172
WALE (by income)
14.9 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) 1990 (2005)
Ownership 100%
Total GLA (sqm) 13,033
WALE (by income) 8.0 years
Occupancy (by income) 100%
Automotive Holdings Group 13,033

CHARTER HALL PROPERTY PORTFOLIO

RETAIL SECTOR 144 CHARTER HALL DIRECT AUTOMOTIVE TRUST NO.2

LOT 1, 530 MCDONALDS ROAD South Morang, Vic.

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The recently completed property comprises 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)
2018
Ownership
100%
Total GLA (sqm)
3,467
WALE (by income)
14.9 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) 13.0 years
Occupancy (by income) 100%
Automotive Holdings Group 3,455

145

CHARTER HALL PROPERTY PORTFOLIO

441-445 Waneroo Road, Balcatta, WA

146

CHARTER HALL PROPERTY PORTFOLIO

DIVERSIFIED 87 6.15% NUMBER OF WEIGHTED AVERAGE PROPERTIES CAPITALISATION RATE (WACR) 100% 10.7 years OCCUPANCY WEIGHTED AVERAGE LEASE EXPIRY (WALE)

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ATO, 12–26 Franklin Street, Adelaide WA
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CHARTER HALL PROPERTY PORTFOLIO

DIVERSIFIED SECTOR 147 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 28.0% Australian Tax Office 15.5% Metcash 12.3% Coles 12.1% Virgin Australia 6.7% Westpac 5.1% SUEZ 4.6% Australia Post 3.2% Grace Worldwide 3.0% Electrolux 2.8%

Vacant 0.0% FY19 0.1% FY20 0.0% FY21 4.1% FY22 0.7% FY23 1.5% FY24 15.3% FY25 0.0% FY26 10.8% FY27+ 67.5%

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CHARTER HALL PROPERTY PORTFOLIO

DIVERSIFIED SECTOR 148 CHARTER HALL LONG WALE REIT

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

Australia Post, Kingsgrove NSW
GEOGRAPHICAL DIVERSIFICATION
BY CURRENT VALUE
0.6% 11.6%
21.5% 22.2%
22.9% 21.2%
New South Wales
Victoria
Queensland
Western Australia
South Australia
Tasmania
----- End of picture text -----

CHARTER HALL PROPERTY PORTFOLIO

DIVERSIFIED SECTOR 149 CHARTER HALL LONG WALE REIT

PROPERTY PORTFOLIO

$1,525.2
TOTAL VALUE
OF PORTFOLIO (A$M)
6.13%
WEIGHTED AVERAGE
CAPITALISATION
RATE (WACR)
10.8YRS
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%
16.1
CPI
Virgin Australia Head Office
56 Edmondstone Road,
Bowen Hills Qld
100%
7.9
3.5%
Australian Taxation Office
12–26 Franklin Street
Adelaide SA
100%
8.8
3.8%
INDUSTRIAL
Australia Post
Australia Post Business Hub
Kingsgrove NSW
100%
8.0
3.5%
SUEZ, Artarmon NSW
100%
28.5
3.0%
SUEZ, Davis Road
Wetherill Park NSW
100%
8.5
3.0%
SUEZ, Newton Road
Wetherill Park NSW
100%
3.5
3.0%
Coates Hire
29–47 Mudgee Street
Kingston Qld
100%
14.7
4.0%
SUEZ, Lower Nudgee Qld
100%
18.5
3.0%
Grace Worldwide
420 Sherbrooke Road, Willawong Qld
100%
5.1
3.5%
Electrolux
76–80 Howards Road
Beverley SA
100%
11.4
3.5%
CLW
OWNERSHIP
(%)
WALE
(YEARS)
WEIGHTED
AVG RENT
REVIEWS (%)
INDUSTRIALCONTINUED
Truganina Distribution Facility
485 Dohertys Road
Truganina Vic.
50%
14.0
3.5%
Toll
13–20 Horsburgh Drive
Altona North Vic.
100%
7.4
3.5%
Dandenong Distribution Centre
225 Glasscocks Road
Dandenong Vic.
26%
19.7
2.8%
Woolworths Distribution Centre
364–426 Old Geelong Road
Hoppers Crossing Vic.
100%
2.5
3.0%
SUEZ, Dandenong South Vic.
100%
8.5
3.0%
SUEZ, Bairnsdale Vic.
100%
2.5
3.0%
SUEZ, Campbellfield Vic.
100%
2.5
3.0%
Coles Distribution Centre Perth
136 Horrie Miller Drive
Perth WA
49.9%
9.9
2.8%
Metcash Distribution Centre
218 Bannister Road
Canning Vale WA
100%
5.6
CPI
SUEZ, Landsdale WA
100%
13.5
3.0%
SUEZ, South Boulder WA
100%
13.5
3.0%
SUEZ, Welshpool WA
100%
13.5
3.0%

CHARTER HALL PROPERTY PORTFOLIO

DIVERSIFIED SECTOR 150 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%
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%
HarveyRoad Tavern, Clinton 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 Mote l, Riverside Tas.
45%
Albion Charles Hotel , Northcote Vic.
45%
Balaclava Hotel, St Kilda East Vic.
45%
Bridge Inn Hotel, Me rnda, Vic.
45%
CherryHill Tavern, D oncaster Vic.
45%
Coolaroo Hotel, Coo laroo Vic.
45%
Croxton Park Hotel, ThornburyVic.
45%
Excelsior Hotel, Tho mastown Vic.
45%
First & Last Hotel, H adfield Vic.
45%
Glengala Hotel, Sun shine Vic.
45%
Manhattan Hotel, Ri ngwood Vic.
45%
Monash Hotel, Clayt on Vic.
45%
Moreland Hotel, Bru nswick Vic.
45%
Oakleigh Junction H otel, Oakleigh Vic.
45%
Palace Hotel, Camb erwell Vic.
45%
St Albans Hotel, St Albans Vic.
45%
WaltzingMatilda Hot el, Springvale Vic.
45%
Belmont Tavern, Clo verdale WA
45%
Bull Creek Tavern, B ull Creek WA
45%
Dunsborough Hotel, Dunsborough WA
45%
Greenwood Hotel, G reenwood WA
45%
Herdsman Lake Tav ern, WembleyWA
45%
HighwayHotel, Bun buryWA
45%
Hyde Park Hotel, W est Perth WA
45%
Lakers Tavern, Thor nline WA
45%
Peel Alehouse, Halls Head WA
45%
ShipInn, Busselton WA
45%
Bunnings South Ma ckay, Qld
100%
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%
Bridge Inn Hotel, Mernda, 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%
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, Qld 100%

CHARTER HALL PROPERTY PORTFOLIO

DIVERSIFIED SECTOR 151 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 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.

VIRGIN AUSTRALIA HEAD OFFICE

56 Edmondstone Road, Bowen Hills Qld

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

The Virgin Australia Head Office comprises three A-Grade office buildings constructed in 2008 and respectively named Alpha, Bravo and Charlie. Each building includes three levels of high-quality office space, each with its own basement carpark with a total of 149 car spaces across the property.

The property is located in the rapidly evolving Brisbane Fringe – Urban Renewal Precinct, and is in close proximity to amenities and transportation networks.

The property is fully leased to Virgin Australia Holdings Ltd, the company that owns and operates both Virgin Australia and Tigerair Australia flights including domestic, international short haul, international long haul and charter services.

Summary
Tenancy statistics
Major tenantsNLA (sqm)
Year built(or refurbished)
1990(2016)
Grade
A
Ownership
50.1%
Total NLA(sqm)
31,724
Typical floorplate(sqm)
5,226
Car spaces
597
WALE(byincome)
16.1years
Occupancy
100%
Westpac BankingCorporation
31,724

Ratings

Year built(or refurbished) 2008
Grade A
Ownership 100%
Total NLA(sqm) 12,427
Typical floorplate(sqm) Upto 2,020
Car spaces 149
WALE(byincome) 8.8years
Occupancy 100%
Virgin Australia 12,427
NABERS Energyrating 4 star
NABERS Water rating 4.5 star

CHARTER HALL PROPERTY PORTFOLIO

DIVERSIFIED SECTOR 152 CHARTER HALL LONG WALE REIT

AUSTRALIAN TAXATION OFFICE

12–26 Franklin Street, Adelaide SA

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

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
Tenancy statistics
Major tenantsNLA (sqm)
Ratings
Year built(or refurbished)
2012
Grade
A
Ownership
100%
Total NLA(sqm)
37,315
Typical floorplate(sqm)
1,769–2,513
Car spaces
114
WALE(byincome)
8.8years
Occupancy
100%
Commonwealth Government
30,979
Australia Post
5,291
NABERS Energyrating
5.5 star
NABERS Water rating
4 star
Green Star Office Design v3
5 star
Green Star As Built v3
5 star

CHARTER HALL PROPERTY PORTFOLIO

DIVERSIFIED SECTOR 153 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
Tenancy statistics
Major tenantsGLA (sqm)
Year built (or refurbished)
2011
Ownership
100%
Total GLA (sqm)
6,729
WALE (by income)
8.0 years
Occupancy
100%
Australia Post
6,729

SUEZ

Artarmon NSW

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

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) 28.5 years
Occupancy 100%
SUEZ 4,309

CHARTER HALL PROPERTY PORTFOLIO

DIVERSIFIED SECTOR 154 CHARTER HALL LONG WALE REIT

SUEZ, DAVIS ROAD Wetherill Park NSW

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

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.

Summary
Tenancy statistics
Major tenantsGLA (sqm)
Year built (or refurbished)
1993
Ownership
100%
Total GLA (sqm)
3,975
WALE (by income)
8.5 years
Occupancy
100%
SUEZ
3,975

SUEZ, NEWTON ROAD Wetherill Park NSW

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

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) 3.5 years
Occupancy 100%
SUEZ 2,987

CHARTER HALL PROPERTY PORTFOLIO

DIVERSIFIED SECTOR 155 CHARTER HALL LONG WALE REIT

COATES HIRE

29–47 Mudgee Street, Kingston Qld

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

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 tenantsGLA (sqm)
Year built (or refurbished)
2012
Ownership
100%
Total GLA (sqm)
1,835
WALE (by income)
14.7 years
Occupancy
100%
Coates Hire
1,835

SUEZ

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.

Year built (or refurbished) 1985
Ownership 100%
Total GLA (sqm) 1,760
WALE (by income) 18.5 years
Occupancy 100%
SUEZ 1,760

CHARTER HALL PROPERTY PORTFOLIO

DIVERSIFIED SECTOR 156 CHARTER HALL LONG WALE REIT

GRACE WORLDWIDE

420 Sherbrooke Road, Willawong Qld

==> picture [188 x 132] 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.

Summary
Tenancy statistics
Major tenantsGLA (sqm)
Year built (or refurbished)
2011
Ownership
100%
Total GLA (sqm)
22,108
WALE (by income)
5.1 years
Occupancy
100%
Grace Worldwide
22,108

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) 11.4 years
Occupancy 100%
Electrolux 25,562

CHARTER HALL PROPERTY PORTFOLIO

DIVERSIFIED SECTOR 157 CHARTER HALL LONG WALE REIT

TRUGANINA DISTRIBUTION FACILITY

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 tenantsGLA (sqm)
Year built (or refurbished)
2012
Ownership
50%
Total GLA (sqm)
69,074
WALE (by income)
14.0 years
Occupancy
100%
Coles
69,074
Year built (or refurbished) 2010
Ownership 100%
Total GLA (sqm) 6,310
WALE (by income) 7.4 years
Occupancy 100%
Toll 6,310

CHARTER HALL PROPERTY PORTFOLIO

DIVERSIFIED SECTOR 158 CHARTER HALL LONG WALE REIT

DANDENONG DISTRIBUTION CENTRE

225 Glasscocks Road, Dandenong Vic.

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

The property comprises of a state of the art distribution facility of 69,217 square metres, purpose built for Woolworths Limited. The facility incorporates some elements of high bay, fully automated warehousing space with corporate offices and extensive hardstand areas.

Woolworths have commenced a 20 year lease. The facility has a site area of 15.9 hectares and is situated in Dandenong South, some 35 kilometres southeast of the Melbourne CBD and is within three kilometres of the Western Port Toll Road and Eastlink Motorway.

Summary
Tenancy statistics
Major tenantsGLA (sqm)
Year built (or refurbished)
2018
Ownership
26.0%
Total GLA (sqm)
69,217
WALE (by income)
19.7 years
Occupancy
100%
Woolworths
69,217

WOOLWORTHS DISTRIBUTION CENTRE

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.

Year built (or refurbished) 1990 (2010)
Ownership 100%
Total GLA (sqm) 52,364
WALE (by income) 2.5 years
Occupancy 100%
Woolworths 52,364

CHARTER HALL PROPERTY PORTFOLIO

DIVERSIFIED SECTOR 159 CHARTER HALL LONG WALE REIT

SUEZ

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

SUEZ

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) 2.5 years
Occupancy 100%
SUEZ 387

CHARTER HALL PROPERTY PORTFOLIO

DIVERSIFIED SECTOR 160 CHARTER HALL LONG WALE REIT

SUEZ

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 tenantsGLA (sqm)
Year built (or refurbished)
1991
Ownership
100%
Total GLA (sqm)
1,537
WALE (by income)
2.5 years
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) 9.9 years
Occupancy 100%
Coles 81,647

CHARTER HALL PROPERTY PORTFOLIO

DIVERSIFIED SECTOR CHARTER HALL LONG WALE REIT

161

METCASH DISTRIBUTION CENTRE

218 Bannister Road, Canning Vale 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 tenantsGLA (sqm)
Year built (or refurbished)
1990’s (2010)
Ownership
100%
Total GLA (sqm)
98,295
WALE (by income)
5.6 years
Occupancy
100%
Metcash
98,295

SUEZ

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) 13.5 years
Occupancy 100%
SUEZ 2,598

CHARTER HALL PROPERTY PORTFOLIO

DIVERSIFIED SECTOR 162 CHARTER HALL LONG WALE REIT

SUEZ

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 tenantsGLA (sqm)
Year built (or refurbished)
1992
Ownership
100%
Total GLA (sqm)
630
WALE (by income)
13.5 years
Occupancy
100%
SUEZ
630

SUEZ

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) 13.5 years
Occupancy 100%
SUEZ 3,460

CHARTER HALL PROPERTY PORTFOLIO

DIVERSIFIED SECTOR DIRECT DIVERSIFIED CONSUMER STAPLES FUND (DCSF)

163

CHARTER HALL DIRECT DIVERSIFIED CONSUMER STAPLES FUND (DCSF)

Charter Hall Direct Diversified Consumer Staples Fund (DCSF) an unlisted property fund with a diversified and growing portfolio of properties leased to distributors and producers of consumer staples goods.

TOP 7 TENANTS BY GROSS INCOME

ANNUAL LEASE EXPIRY GROSS INCOME

Bunnings 28.9% Hans Continental Smallgoods 25.2% Premier Beehive NZ 16.0% NFD Food Service 14.6% Viva Energy Pty Ltd 6.7% P & M Quality Smallgoods 5.7%

Vacant 0.0% FY19 14.6% FY20 0.0% FY21 0.0% FY22 0.0% FY23 0.0% FY24 0.0% FY25 0.0% FY26 0.0% FY27+ 85.4%

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

CHARTER HALL PROPERTY PORTFOLIO

DIVERSIFIED SECTOR DIRECT DIVERSIFIED CONSUMER STAPLES FUND (DCSF)

164

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

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

Coles Express Shell Service Centre, North Ipswich Qld
GEOGRAPHICAL DIVERSIFICATION
BY CURRENT VALUE
14.9% 9.8%
6.3%
33.9% 35.1%
New South Wales
Victoria
Queensland
Tasmania
New Zealand
----- End of picture text -----

CHARTER HALL PROPERTY PORTFOLIO

DIVERSIFIED SECTOR DIRECT DIVERSIFIED CONSUMER STAPLES FUND (DCSF)

165

PROPERTY PORTFOLIO

Bunnings Warehouse, Burnie South Tas.

$63.4
TOTAL VALUE
OF PORTFOLIO (A$M)
6.69%
WEIGHTED AVERAGE
CAPITALISATION
RATE (WACR)
DCSF
OWNERSHIP
(%)
WALE
(YEARS)
WEIGHTED
AVG RENT REVIEWS (%)
INDUSTRIAL
7 Burnet Road, Warnervale NSW
100%
0.9
2.3%
3 Production Street, Wacol Qld
100%
11.9
2.3%
48 Jesica Road, Campbellfield Vic.
100%
9.8
2.3%
375 Tremaine Avenue
Palmerston North NZ
100%
11.0
5.0%
RETAIL
Coles Shell Service Centre
North Ipswich Qld
100%
8.7
2.3%
Bunnings Warehouse, Burnie South Tas.
100%
8.0
3.0%

8.6[YRS]

WEIGHTED AVERAGE LEASE EXPIRY (WALE)

2.9% WEIGHTED AVERAGE RENT REVIEWS (WARR)

CHARTER HALL PROPERTY PORTFOLIO

DIVERSIFIED SECTOR DIRECT DIVERSIFIED CONSUMER STAPLES FUND (DCSF)

166

7 BURNET ROAD

Warnervale NSW

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

Located within the industrial precinct of Warnervale on NSW’s Central Coast, 7 Burnet Road is just 850 metres to the M1 Motorway and 400m from Sparks Road. The property is only 12 kilometres from Tuggerah and 27 kilometres from Gosford.

The property consists of a temperature controlled cold storage facility and a main office with amenities. The temperature-controlled area of the warehouse is divided into eight areas to allow for a range of temperatures from -18°C to 17°C. The warehouse also includes a comprehensive loading dock which is temperature controlled (5° C) with an all-weather awning.

Summary
Tenancy statistics
Major tenantsGLA (sqm)
Year built (or refurbished)
2009
Ownership
100%
Total GLA (sqm)
2,451
WALE (by income)
0.9 years
Occupancy
100%
NFD Food Service
2,451

3 PRODUCTION STREET

Wacol Qld

==> picture [172 x 132] intentionally omitted <==

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

30KM
Moreton Bay
20KM B R I S B A N E A I R P O R T
10KM
P O R T O F B R I S B A N E
B R I S B A N E C B D
& TO O WO M B ATO I P S W I C H
C E NTE NAR Y HW Y
3 Production Street
Major Logistics Route
TO N S W
LOG AN MW Y
IP S W IC H MW Y
PAC IFIC MW Y
PAC IFIC MW Y
C UNNING HAM HW Y
GATEW
C
MW Y AYM
E NTE NAR Y YW
----- End of picture text -----

The property comprises a meat processing facility providing 2 interconnected industrial warehouse structures with ancillary office accommodation, a freestanding office building and rear workshop.

Located in an established industrial location, the property is situated in close proximity to the Ipswich Motorway, Centenary Highway and Logan Motorway. Wacol is situated 18 kilometres south-west of the Brisbane CBD.

Year built (or refurbished) 1988
Ownership 100%
Total GLA (sqm) 6,067
WALE (by income) 11.9 years
Occupancy 100%
Hans Continental Smallgoods 6,067

CHARTER HALL PROPERTY PORTFOLIO

DIVERSIFIED SECTOR DIRECT DIVERSIFIED CONSUMER STAPLES FUND (DCSF)

167

48 JESICA ROAD Campbellfield Vic.

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

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

30KM N
M E L B O U R N E A I R P O R T
20KM
10KM
M E L B O U R N E C B D
P O R T O F M E LB O U R N E 48 Jesica Road
E F R
ME TR O R ING R OAD
E AS T E R
AT EE
N
G W
E
T AY C
P R INC E S FR
F
E
E S
R E E WAY
W
W
IT Y LIN
WE S TE R N FR E E WAY
A
W
Y
K
C ALDE R FR E E WAY TULL AMAR INE
E S TE R N R ING R OAD
MONAS H FR E E WAY
FREE WAY
HUME FR E E WAY
C IT Y LINK
E AS T L INK
----- End of picture text -----

The building comprises a temperature controlled cold storage facility with ancillary office accommodation annexed to the Jesica Road frontage.

The property is located in an established northern Melbourne industrial location which is 27 kilometres north of the Melbourne CBD and 15 kilometres east of the Melbourne Airport.

Summary
Tenancy statistics
Major tenantsGLA (sqm)
Year built (or refurbished)
1990
Ownership
100%
Total GLA (sqm)
2,180
WALE (by income)
9.8 years
Occupancy
100%
P & M Quality Smallgoods
2,180

375 TREMAINE AVENUE

Palmerston North NZ

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

N
PA L M E R S TO N N O R T H
160KM
120KM
80KM
40KM
W E L L I N GTO N 375 Tremaine Avenue
S TATE HIG HWAY 2
S
1
T
S TATE HIG HWAY 2
ATE HIG HWAY
S TATE HIG HWAY 1
----- End of picture text -----

The property features a main refrigeration building and amenities block along with two storage warehouses. Palmerston North is located on New Zealand’s North Island, approximately 514 kilometres south of Auckland and 141 kilometres north of Wellington.

Year built (or refurbished) 1973 (1999)
Ownership 100%
Total GLA (sqm) 6,391
WALE (by income) 11.0 years
Occupancy 100%
Premier Beehive NZ 6,391

CHARTER HALL PROPERTY PORTFOLIO

DIVERSIFIED SECTOR DIRECT DIVERSIFIED CONSUMER STAPLES FUND (DCSF)

168

COLES SHELL SERVICE CENTRE North Ipswich Qld

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

The Coles Shell Service Centre comprises a service station and convenience store located in the city of Ipswich, 40 kilometres west of Brisbane. There are over 1,000 Coles Shell branded services stations across Australia.

Summary
Tenancy statistics
Major tenantsGLA (sqm)
Year built (or refurbished)
2017
Ownership
100%
Total GLA (sqm)
286
WALE (by income)
8.7 years
Occupancy
100%
Viva Energy Pty Ltd
188
Brodies Chicken Shop
98

BUNNINGS WAREHOUSE

Burnie South Tas.

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

The 12,254 square metre Bunnings Warehouse is located in Burnie, 135 kilometres north west of Launceston, Tasmania.

Year built (or refurbished) 2014 (2016)
Ownership 100%
Total GLA (sqm) 12,254
WALE (by income) 8.0 years
Occupancy 100%
Bunnings Group Pty Ltd 12,254

CHARTER HALL PROPERTY PORTFOLIO

169

INDEX

OFFICE

CHARTER HALL PRIME OFFICE FUND (CPOF) 7
NEW SOUTH WALES
9 Castlereagh Street, Sydney NSW 10
231 Elizabeth Street, Sydney NSW 10
333 George Street, Sydney NSW 11
1 Shelley Street, Sydney NSW 11
2 Market Street, Sydney NSW 12
Western Sydney University, 169 Macquarie Street,
Parramatta NSW
12
105 Phillip Street, Parramatta NSW 13
167 Macquarie Street, Sydney NSW 13
QUEENSLAND
Brisbane Square, 266 George Street, Brisbane Qld
14
275 George Street, Brisbane Qld 14
100 Skyring Terrace, Brisbane Qld 15
Northbank Plaza, 69 Ann Street, Brisbane Qld 15
900 Ann Street, Fortitude Valley, Qld 16
VICTORIA
570 Bourke Street, Melbourne Vic. 16
11–33 Exhibition Street, Melbourne Vic. 17
990 La Trobe Street, Melbourne Vic. 17
55 King Street, Melbourne Vic. 18
WESTERN AUSTRALIA
Bankwest Tower, Perth WA 18
225 St Georges Terrace, Perth WA 19
DEVELOPMENTS
GPO Tower, 10 Franklin Street, Adelaide SA 19
130 Lonsdale Street, Melbourne Vic. 20
Raine Square Retail, Perth WA 20
SITES
360 Queen Street, Brisbane Qld 21
11 Breakfast Creek Road, Newstead, Qld 21

CHARTER HALL OFFICE TRUST (CHOT)

CHARTER HALL OFFICE TRUST (CHOT) 23
NEW SOUTH WALES
No. 1 Martin Place, Sydney NSW 26
Citigroup Centre, 2 Park Street, Sydney NSW 26
2 Market Street, Sydney NSW 27
The Denison, 65 Berry Street, North Sydney NSW 27
QUEENSLAND
175 Eagle Street, Brisbane Qld 28
Capital Hill, 83–85 George Street, Brisbane Qld 28
VICTORIA
150 Lonsdale Street, Melbourne Vic. 29
171 Collins Street, Melbourne Vic. 29
Argus Centre, 300 La Trobe Street, Melbourne Vic. 30
WESTERN AUSTRALIA
Eastpoint Plaza, 233–237 Adelaide Terrace, Perth WA 30
OFFICE MANDATES AND PARTNERSHIPS 31
NEW SOUTH WALES
1 Shelley Street, Sydney NSW 31
QUEENSLAND
275 George Street, Brisbane Qld 31
Santos Place, 32 Turbot Street, Brisbane Qld 32
343 Albert Street, Brisbane Qld 32
Brisbane Square, 266 George Street, Brisbane Qld 33
WESTERN AUSTRALIA
Bankwest Place and Raine Square, Perth WA 33
CHARTER HALL DIRECT OFFICE FUND (DOF) 35
NEW SOUTH WALES
Western Sydney University, 169 Macquarie Street 38
(1 Parramatta Square), Parramatta NSW
105 Phillip Street, Parramatta NSW 38
Westpac, 4–16 Montgomery Street, Kogarah NSW 39
68 Pitt Street, Sydney NSW 39

QUEENSLAND

QUEENSLAND
100 Skyring Terrace, Brisbane Qld 40
Northbank Plaza, 69 Ann Street, Brisbane Qld 40
900 Ann St, Fortitude Valley, Qld 41
VICTORIA
Coles HQ, 800 Toorak Road, Hawthorn East Vic. 41
1 Nicholson Street, Melbourne Vic. 42
200 Queen Street, Melbourne Vic. 42
WESTERN AUSTRALIA
181 St Georges Terrace, Perth WA 43
DIRECT PFA FUND (PFA) 45
AUSTRALIAN CAPITAL TERRITORY
44 Sydney Avenue, Canberra ACT 48
NEW SOUTH WALES
Wentworth Place, 9 Wentworth Street, Parramatta NSW 48
QUEENSLAND
ANZAC Square, 200 Adelaide Street, Brisbane Qld 49
QUEENSLAND
21–25 Nile Street, Port Adelaide, SA 49
TASMANIA
Lands Building, 134 Macquarie Street, Hobart Tas. 50
VICTORIA
Foxtel Building, 1–21 Dean Street, Moonee Ponds Vic. 50
WESTERN AUSTRALIA
Sevenoaks, 303 Sevenoaks Street, Cannington WA 51

CHARTER HALL PROPERTY PORTFOLIO

170

INDEX

INDUSTRIAL

CHARTER HALL PRIME INDUSTRIAL FUND (CPIF) 53

QUEENSLAND

NEW SOUTH WALES
Eastern Valley Estate,
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),
2 Hume Highway, Chullora NSW
Frenchs Forest Logistics Park, 2–6 & 8 Rodborough Road,
357–373 Warringah Road, Frenchs Forest NSW
Greenacre Logistics Facility,
1 Moondo Street, Greenacre NSW
Huntingwood Industrial Estate,
11–15 Huntingwood Drive, Huntingwood NSW
M5M7 Logistics Park (Stage 1)
290 Kurrajong Road, Prestons NSW
56
56
57
57
58
58
59
59
Acacia Ridge Industrial Estate, 98 Kerry and 1123
& 1141 Beaudesert Roads, Acacia Ridge, Qld
Berrinba Distribution Centre, 29 Forest Way, Berrinba Qld
Hemmant Industrial Park, 1495–1517 Lytton Road
and 80 Canberra Street, Hemmant Qld
Holt Street Distribution Centre,
180 Holt Street, Pinkenba Qld
Main Beach Distribution Centre,
30 and 56 Main Beach Road, Pinkenba Qld
Peachey Road Distribution Centre, 2 Stephens Way,
Yatala Qld
Richlands Distribution Facility,
220–260 Orchard Road, Richlands Qld
Willawong Logistics Facility,
237 Gooderham Road, Willawong Qld
64
64
65
65
66
66
67
67
M5M7 Logistics Park (GWA) 60 SOUTH AUSTRALIA
290 Kurrajong Road, Prestons NSW Gillman Distribution Centre, 68
Minto Distribution Centre, 42 Airds Road, Minto NSW 60 Lot 2, Grand Trunkway, Gillman SA
Prestons Distribution Facility,
402 Hoxton Park Road, Prestons NSW
Rosehill Distribution Centre, 5 Devon Street, Rosehill NSW
Smithfield Distribution Facility,
61
61
62
TASMANIA
Translink Distribution Centre,
4–20 Translink Avenue, Launceston Tas.
68
15–17 Long Street, Smithfield NSW VICTORIA
Wetherill Park Distribution Centre, 62 AF Clarinda Logistics Facility, 69
300 Victoria Street, Wetherill Park NSW 275–315 Kingston Road, Clarinda Vic.
Worth Street Distribution Centre, 63 AF Epping Logistics Facility, 69
21 Worth Street, Chullora NSW 455 Cooper Street, Epping Vic.
NORTHERN TERRITORY
East Arm Port Distribution Facility,
14 Dawson Street, East Arm Darwin NT
63 AF Laverton North Logistics Facility,
9–19 Alex Fraser Drive, Laverton North Vic.
Altona Logistics Facility,
810–848 Kororoit Creek Road, Altona North Vic.
70
70
Discovery Industrial Estate, 71
Discovery Road, Dandenong South Vic.
Fitzgerald Road Distribution Centre, 71
63–83 Fitzgerald Road, Laverton Vic.
Laverton Logistics Centre, 72
32–58 William Angliss Drive, Laverton Vic.

VICTORIA

VICTORIA
Parkwest Industrial Estate, Parkwest Drive, Derrimut Vic. 72
Somerton Logistics Centre, Somerton Vic. 73
Truganina Distribution Facility, 73
485 Dohertys Road, Truganina Vic.
Boundary Logistics Centre, 74
415–423 Boundary Road, Truganina Vic.
Dandenong Distribution Centre, 74
225 Glasscocks Road, Dandenong South Vic.
WESTERN AUSTRALIA
Canning Vale Distribution Centre, 75
2 Bannister Road, Canning Vale WA
Canning Vale Logistics Centre, 75
38 Bannister Road, Canning Vale WA
Kewdale Distribution Centre, 76
123–135 Kewdale Road, Kewdale WA
Stockyards Industrial Estate, 76
385 Bushmead Rd, Hazelmere WA
Welshpool Distribution Centre, 77
103 Welshpool Road, Welshpool WA
PRE-LEASE
Chullora Logistics Park (pre-lease), 77
2 Hume Highway, Chullora NSW
Huntingwood Logistics Park (pre-lease), 78
36 Huntingwood Drive, Huntingwood NSW
Motorway Industrial Park (pre-lease), 78
230–238 Gilmore Road, Berrinba Qld

CHARTER HALL PROPERTY PORTFOLIO

171

INDEX

INDUSTRIAL

CHARTER HALL PRIME INDUSTRIAL FUND (CPIF) 53
LAND
M5M7 Logistics Park (land),
79
290 Kurrajong Road, Prestons NSW
Wetherill Park Distribution Centre (land), 79
300 Victoria Street, Wetherill Park NSW
Motorway Industrial Park (land), 80
230–238 Gilmore Road, Berrinba Qld
Peachey Road Distribution Centre (land) 80
Lot 3 Peachey Road, Yatala Qld
Sherbrooke Industrial Park (land), 81
450 Sherbrooke Road, Willawong Qld
TradeCoast Industrial Park (land), 81
200 Holt Street, Pinkenba Qld
Midwest Logistics Hub (land), 500 Dohertys Road, 82
Laverton North Vic.
CORE LOGISTICS PARTNERSHIP (CLP) 84
NEW SOUTH WALES
Chullora Distribution Facility NSW 86
Smithfield Logistics Centre NSW 86
Yennora Distribution Facility NSW 86
QUEENSLAND
Connectwest Industrial Park Qld (Cascade) 86
Murarrie Distribution Centre Qld 86
SOUTH AUSTRALIA
Edinburgh Parks Distribution Centre SA 86
Gepps Cross Distribution Centre SA 86
TASMANIA
Translink Distribution Centre Tas. 86
VICTORIA
Drystone Estate Vic. (Courier Please)
Drystone Estate Vic. (Laverton Cold Storage)
86
86
Drystone Estate Vic. (Rand) 86
Drystone Estate Vic. (Target) 86
Drystone Estate Vic. (The Reject Shop) 86
Drystone Estate Vic. (Woolworths) 86
Mulgrave Distribution Facility Vic.
Parkwest Industrial Park Vic.
86
86
Scoresby Distribution Centre Vic. 86
Truganina Logistics Park Vic. 86
WESTERN AUSTRALIA
Hazelmere Distribution Centre WA 86
Stockyards Industrial Estate WA 86
Welshpool Industrial Centre WA 86
PRE-LEASE
Connectwest Industrial Park Qld (AHG / pre-lease) 86
Connectwest Industrial Park Qld 86
(Goodman Fielder / pre-lease)
Connectwest Industrial Park Qld 86
(Victoria Freight Services / pre-lease)
Drystone Estate Vic. (Woolworths / pre-lease) 86
LAND
Connectwest Industrial Park (land) 86
Drystone Estate Vic. (land) 86
CHARTER HALL DIRECT INDUSTRIAL FUND NO.2 (DIF2) 87
NEW SOUTH WALES
St Marys Logistics Facility, 90
10–38 Forrester Road, St Marys NSW
Campbelltown Distribution Centre, 90
6 Hepher Road, Campbelltown NSW
Ingleburn Distribution Centre, 91
6 Benson Road, Ingleburn NSW
QUEENSLAND
Cleveland Distribution Centre, 91
24–30 Enterprise Street, Cleveland Qld
SOUTH AUSTRALIA
Coles Distribution Centre, 2 Sturton Road, Adelaide SA 92
VICTORIA
Rondo Facility, 1 Columbia Court, Dandenong South Vic. 92
Rowville Distribution Centre, 93
15–21 Enterprise Drive, Rowville Vic.
Thomastown Distribution Centre, 93
311 Settlement Road, Thomastown Vic.

WESTERN AUSTRALIA

Coles Distribution Centre, 136 Horrie Miller Drive, Perth WA 94 Bibra Lake Distribution Centre, 94 1 Howson Way, Bibra Lake WA

CHARTER HALL DIRECT INDUSTRIAL FUND 95
NO.3 (DIF3)
NEW SOUTH WALES
1 Culverston & 21 Huntsmore Roads, Minto NSW 98
34–42 Tyrone Place, Erskine Park NSW 98
54 Tyrone Place, Erskine Park NSW 99
QUEENSLAND
45 Kiln Street, Darra Qld 99
SOUTH AUSTRALIA
Coles Distribution Centre, 2 Sturton Road, Adelaide SA 100
VICTORIA
Dandenong Distribution Centre, 100
225 Glasscocks Road, Dandenong South Vic.
WESTERN AUSTRALIA
Bassendean Industrial Estate, 101
170 Railway Parade, Bassendean WA
Coles Distribution Centre, 136 Horrie Miller Drive, Perth WA 101
DIRECT INDUSTRIAL FUND NO.4 103
NEW SOUTH WALES
115–121 Jedda Road, Prestons NSW 106
SOUTH AUSTRALIA
Edinburgh Parks Distribution Centre, 106
27–35 Sturton Road, Edinburgh SA
WESTERN AUSTRALIA
13–39 Pilbara Road, Welshpool WA 107
CHARTER HALL DIRECT CDC TRUST (CDC) 108
SOUTH AUSTRALIA
Coles Distribution Centre, 2 Sturton Road, Adelaide SA 108

CHARTER HALL PROPERTY PORTFOLIO

172

INDEX

RETAIL

CHARTER HALL PRIME RETAIL FUND (CPRF) 111 NORTHERN TERRITORY
NEW SOUTH WALES Katherine Central Shopping Centre, Katherine NT 118
Campbelltown Mall, 112 QUEENSLAND
271 Queen Street, Campbelltown NSW Allenstown Square, Rockhampton Qld 119
CHARTER HALL RETAIL REIT (CQR) 113 Arana Hills Plaza, Arana Hills Qld
Atherton Square, Atherton Qld
119
119
AUSTRALIAN CAPITAL TERRITORY Bay Plaza, Hervey Bay Qld 119
Dickson Woolworths, Dickson ACT 115 Bribie Island Shopping Centre, Bribie Island Qld 119
Erindale Shopping Centre, Wanniassa ACT 115 Coomera Square, Coomera Qld 119
Manuka Terrace, Manuka ACT 115 Currimundi Markets, Currimundi Qld 119
NEW SOUTH WALES Gatton Plaza, Gatton Qld 119
Balo Square, Moree NSW 117 Highfields Village Shopping Centre, Highfields Qld 119
Bateau Bay Square, Bateau Bay NSW 117 Mareeba Square, Mareeba Qld 119
Carnes Hill Marketplace, Horningsea Park NSW 117 Sydney Street Markets, Mackay Qld 119
Cooma Woolworths, Cooma NSW 117 SOUTH AUSTRALIA
Cootamumdra Woolworths, Cootamumdra NSW
Dubbo Square, Dubbo NSW
Gordon Village Centre, Gordon NSW
117
117
117
Brickworks Marketplace, Torrensville SA
Southgate Square, Morphett Vale SA
120
120
Goulburn Square, Goulburn NSW 117 VICTORIA
Highlands Marketplace, Mittagong NSW 117 Bairnsdale Coles, Bairnsdale Vic. 121
Jerrabomberra Village, Jerrabomberra NSW 117 Gateway Plaza, Leopold Vic. 121
Kings Langley Shopping Centre, Kings Langley NSW 117 Kyneton Shopping Centre, Knyeton Vic. 121
Lake Macquarie Fair, Mount Hutton NSW 117 Lansell Square, Bendigo Vic. 121
Morisset Square Shopping Centre, Morisset NSW 117 Moe Coles, Moe Vic. 121
Mount Hutton Plaza, Mount Hutton NSW
Mudgee Metroplaza, Mudgee NSW
Orange Central Square, Orange NSW
117
117
117
Rosebud Plaza, Rosebud Vic.
WESTERN AUSTRALIA
121
Parkes Metroplaza, Parkes NSW 117 Albany Plaza, Albany WA 122
Pemulwuy Marketplace, Greystanes NSW 117 Carnarvon Central, Carnarvon WA 122
Rutherford Marketplace, Rutherford NSW 117 Esperance Boulevard, Esperance WA 122
Salamander Bay NSW 117 Kalgoorlie Central, Kalgoorlie WA 122
Singleton Square and Plaza, Singleton NSW 117 Maylands Coles, Maylands WA 122
Sunnyside Mall, Murwillumbah NSW 117 Narrogin Coles, Narrogin WA 122
Tamworth Square, Tamworth NSW 117 Secret Harbour Square, Secret Harbour WA 122
Tumut Coles, Tumut NSW 117 South Hedland Square, South Hedland WA 122
West Ryde Marketplace, West Ryde NSW
Young Woolworths, Young NSW
117
117
Swan View Shopping Centre, Swan View WA
Wanneroo Central, Wanneroo WA
122
122
RETAIL PARTNERSHIP NO.1 (RP1) 123
NEW SOUTH WALES
Carnes Hill Marketplace, Horningsea Park NSW 125
Highlands Marketplace, Mittagong NSW 125
Pemulwuy Marketplace, Greystanes NSW 125
Rutherford Marketplace, Rutherford NSW 125
West Ryde Marketplace, West Ryde NSW 125
QUEENSLAND
153 Auckland Street, Gladstone Qld 125
SOUTH AUSTRALIA
Brickworks Marketplace, Torrensville SA 125
WESTERN AUSTRALIA
Wanneroo Central, Wanneroo WA 125
RETAIL PARTNERSHIP NO.2 (RP2) 127
NEW SOUTH WALES
Bateau Bay Square, Bateau Bay NSW 128
RETAIL PARTNERSHIP NO.6 (RP6) 129
NEW SOUTH WALES
Pacific Square, Maroubra NSW 130
Bass Hill Plaza, Bass Hill NSW 130

CHARTER HALL PROPERTY PORTFOLIO

173

INDEX

RETAIL

LONG WALE HARDWARE PARTNERSHIP (LWHP) 131 LONG WALE INVESTMENT PARTNERSHIP (LWIP) 135
AUSTRALIAN CAPITAL TERRITORY NEW SOUTH WALES
Bunnings, Gungahlin ACT 133 Boomerang Hotel, Lavington NSW 136
NEW SOUTH WALES
Bunnings, Albion Park NSW
133 Greenhouse Tavern, Coffs Harbour NSW
Westower Tavern, West Ballina NSW
136
136
Bunnings, Castle Hill NSW 133 QUEENSLAND
Bunnings, Chatswood NSW 133 Allenstown Hotel, Allenstown Qld 136
Bunnings, Hoxton Park NSW 133 Brunswick Hotel, New Farm Qld 136
Bunnings, Kingsgrove NSW 133 Buderim Tavern, Buderim Qld 136
Bunnings, Kirrawee NSW 133 Capalaba Tavern, Capabala Qld 136
Bunnings, Marsden Park NSW 133 Commercial Hotel, Nerang Qld 136
Bunnings, Narellan NSW 133 Dog and Parrot Hotel, Robina Qld 136
Bunnings, Northmead NSW 133 Federal Hotel, Toowoomba Qld 136
QUEENSLAND
Bunnings, Burleigh Heads Qld
Bunnings, Cairns Qld
Bunnings, Keperra Qld
Bunnings, Rockhampton, Qld
Bunnings, Stafford Qld
Stafford Wiley Qld
Great Western Super Centre, Keppera Qld
133
133
133
133
133
133
133
Glenmore Tavern, Rockhampton Qld
Harvey Road Tavern, Clinton Qld
Highfields Tavern, Highfields Qld
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
136
136
136
136
136
136
136
136
136
TASMANIA Russell Tavern, Dalby Qld 136
Bunnings, Mornington Tas. 133 Villa Noosa Hotel, Noosaville Qld 136
VICTORIA Waterfront Hotel, Diddillibah Qld 136
Bunnings, Dandenong Vic. 133 SOUTH AUSTRALIA
WESTERN AUSTRALIA Federal Hotel, Mt Gambier SA 136
Bunnings, Armadale WA
Bunnings, Bayswater Perth WA
Bunnings, Greenfields WA
Bunnings, Wangara WA
133
133
133
133
Findon Hotel, Findon SA
Norwood Hotel, Norwood SA
Royal Oak, North Adelaide SA
Slug N Lettuce British Pub, Parafield Gardens SA
Victoria Hotel, O’Halloran Hill SA
136
136
136
136
136
TASMANIA
Carlyle Hotel, Derwent Park Tas. 136
Gateway Inn Hotel, Devonport Tas. 136
Riverside Hotel Motel, Riverside Tas. 136

VICTORIA

VICTORIA
Albion Charles Hotel, Northcote Vic. 136
Balaclava Hotel, St Kilda East Vic. 136
Bridge Inn Hotel, Mernda, Vic. 136
Cherry Hill Tavern, Doncaster Vic. 136
Coolaroo Hotel, Coolaroo Vic. 136
Croxton Park Hotel, Thornbury Vic. 136
Excelsior Hotel, Thomastown Vic. 136
First & Last Hotel, Hadfield Vic. 136
Glengala Hotel, Sunshine Vic. 136
Manhattan Hotel, Ringwood Vic. 136
Monash Hotel, Clayton Vic. 136
Moreland Hotel, Brunswick Vic. 136
Oakleigh Junction Hotel, Oakleigh Vic. 136
Palace Hotel, Camberwell Vic. 136
St Albans Hotel, St Albans Vic. 136
Waltzing Matilda Hotel, Springvale Vic. 136
WESTERN AUSTRALIA
Belmont Tavern, Cloverdale WA 136
Bull Creek Tavern, Bull Creek WA 136
Dunsborough Hotel, Dunsborough WA 136
Greenwood Hotel, Greenwood WA 136
Herdsman Lake Tavern, Wembley WA 136
Highway Hotel, Bunbury WA 136
Hyde Park Hotel, West Perth WA 136
Lakers Tavern, Thornline WA 136
Peel Alehouse, Halls Head WA 136
Ship Inn, Busselton WA 136

CHARTER HALL PROPERTY PORTFOLIO

174

RETAIL

LONG WALE INVESTMENT PARTNERSHIP 137 CHARTER HALL DIRECT AUTOMOTIVE TRUST 142
NO.2 (LWIP2) NO.2 (DAT2)
NEW SOUTH WALES NEW SOUTH WALES
Dan Murphy’s Mosman NSW 137 375-377 Hume Highway, Liverpool, NSW 143
QUEENSLAND QUEENSLAND
Blue Pacific Hotel, Woorim Qld 137 Mount Gravatt Properties, Mount Gravatt, Qld 143
Irish Finnegan’s Hotel, Thuringowa Central Qld
Kondari Hotel & Resort Qld
The Royal Gatton, Gatton Qld
137
137
137
VICTORIA
Lot 1, 530 McDonalds Road, South Morang, Vic.
144
Upper Ross Hotel, Rasmussen Qld 137 WESTERN AUSTRALIA
VICTORIA 441-445 Waneroo RoadBalcatta, WA 144
Millers Inn, Altona Vic. 137
Royal Ferntree Gully Hotel Vic. 137
Seaford Hotel Vic. 137
CHARTER HALL DIRECT BW TRUST (CHIF11) 138
NEW SOUTH WALES
Bunnings, Armidale NSW 138
Bunnings, Rouse Hill NSW 138
Bunnings, Tarree NSW 138
VICTORIA
Bunnings, Rosebud Vic. 138
CHARTER HALL DIRECT AUTOMOTIVE TRUST (DAT) 139
NEW SOUTH WALES
2a Victoria Avenue, Castle Hill NSW 141
26-28 Waratah Street, Kirrawee NSW 140
QUEENSLAND
18-28 Anzac Avenue, Hillcrest Qld 141

CHARTER HALL PROPERTY PORTFOLIO

175

DIVERSIFIED

CHARTER HALL LONG WALE REIT 147 RETAIL Glengala Hotel, Sunshine Vic. 150
OFFICE
Westpac, 4–16 Montgomery Street, Kogarah NSW
Virgin Australia Head Office,
56 Edmondstone Road, Bowen Hills Qld
Australian Taxation Office,
12–26 Franklin Street, Adelaide SA
151
151
152
Boomerang Hotel, Lavington NSW
Greenhouse Tavern, Coffs Harbour NSW
Westower Tavern, West Ballina NSW
Allenstown Hotel, Allenstown Qld
Brunswick Hotel, New Farm Qld
Buderim Tavern, Buderim Qld
Capalaba Tavern, Capabala Qld
150
150
150
150
150
150
150
Manhattan Hotel, Ringwood Vic.
Monash Hotel, Clayton Vic.
Moreland Hotel, Brunswick Vic.
Oakleigh Junction Hotel, Oakleigh Vic.
Palace Hotel, Camberwell Vic.
St Albans Hotel, St Albans Vic.
Waltzing Matilda Hotel, Springvale Vic.
150
150
150
150
150
150
150
INDUSTRIAL Commercial Hotel, Nerang Qld 150 Belmont Tavern, Cloverdale WA 150
Australia Post, Australia Post Business Hub, 153 Dog and Parrot Hotel, Robina Qld 150 Bull Creek Tavern, Bull Creek WA 150
Kingsgrove NSW Federal Hotel, Toowoomba Qld 150 Dunsborough Hotel, Dunsborough WA 150
SUEZ, Artarmon NSW 153 Glenmore Tavern, Rockhampton Qld 150 Greenwood Hotel, Greenwood WA 150
SUEZ, Davis Road, Wetherill Park NSW 154 Harvey Road Tavern, Clinton Qld 150 Herdsman Lake Tavern, Wembley WA 150
SUEZ, Newton Road, Wetherill Park NSW 154 Highfields Tavern, Highfields Qld 150 Highway Hotel, Bunbury WA 150
Coates Hire, 29–47 Mudgee Street, Kingston Qld 155 Hinterland Hotel Motel, Nerang Qld 150 Hyde Park Hotel, West Perth WA 150
SUEZ, Lower Nudgee Qld 155 Kawana Waters Hotel, Kawana Waters Qld 150 Lakers Tavern, Thornline WA 150
Grace Worldwide, 420 Sherbrooke Road, Willawong Qld 156 Old Sydney Hotel, Maryborough Qld 150 Peel Alehouse, Halls Head WA 150
Electrolux, 76–80 Howards Road, Beverley SA 156 Parkwood Tavern, Parkwood Qld 150 Ship Inn, Busselton WA 150
Truganina Distribution Facility, 157 Redbank Plains Tavern, Redbank Plains Qld 150 Bunnings South Mackay, Qld 150
485 Dohertys Road, Truganina Vic.
Toll, 13–20 Horsburgh Drive, Altona North Vic.
Dandenong Distribution Centre,
157
158
Royal Beenleigh Hotel, Beenleigh Qld
Russell Tavern, Dalby Qld
Villa Noosa Hotel, Noosaville Qld
150
150
150
CHARTER HALL DIRECT DIVERSIFIED CONSUMER
STAPLES FUND (DCSF)
163
225 Glasscocks Road, Dandenong Vic. Waterfront Hotel, Diddillibah Qld 150 INDUSTRIAL
Woolworths Distribution Centre, 158 Federal Hotel, Mt Gambier SA 150 7 Burnet Road, Warnervale NSW 166
364–426 Old Geelong Road, Hoppers Crossing Vic. Findon Hotel, Findon SA 150 3 Production Street, Wacol Qld 166
SUEZ, Dandenong South Vic. 159 Norwood Hotel, Norwood SA 150 48 Jesica Road, Campbellfield Vic. 167
SUEZ, Bairnsdale Vic. 159 Royal Oak, North Adelaide SA 150 375 Tremaine Avenue, Palmerston North NZ 167
SUEZ, Campbellfield Vic.
Coles Distribution Centre Perth,
136 Horrie Miller Drive, Perth WA
Metcash Distribution Centre,
160
160
161
Slug N Lettuce British Pub, Parafield Gardens SA
Victoria Hotel, O’Halloran Hill SA
Carlyle Hotel, Derwent Park Tas.
Gateway Inn Hotel, Devonport Tas.
150
150
150
150
RETAIL
Coles Express Shell Service Centre, North Ipswich Qld
Bunnings Warehouse, Burnie South Tas.
168
168
218 Bannister Road, Canning Vale WA Riverside Hotel Motel, Riverside Tas. 150
SUEZ, Landsdale WA 161 Albion Charles Hotel, Northcote Vic. 150
SUEZ, South Boulder WA 162 Balaclava Hotel, St Kilda East Vic. 150
SUEZ, Welshpool WA 162 Bridge Inn Hotel, Mernda, Vic. 150
Cherry Hill Tavern, Doncaster Vic. 150
Coolaroo Hotel, Coolaroo Vic. 150
Croxton Park Hotel, Thornbury Vic. 150
Excelsior Hotel, Thomastown Vic. 150
First & Last Hotel, Hadfield Vic. 150

CHARTER HALL PROPERTY PORTFOLIO

176

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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