Charter Hall takes $840 million stake in BP sites

Charter Hall takes $840 million stake in BP sites

4 years ago
Listed property company Charter Hall Group has agreed to spend $840 million on a 49 per cent stake in a portfolio of 225 BP sites with a weighted average lease expiry (WALE) of 20 years. The portfolio, worth $1.7 billion, represents the majority of BP’s owned convenience retail properties in Australia. Charter Hall will split its investment between two of its listed funds, with the Charter Hall Long Wale REIT owning 50 per cent, the […]
Read More

Create your account