Charter Hall Long WALE REIT, Charter Hall Social Infrastructure REIT and other charter hall managed fund acquired Canberra, Geoscience Australia property from Real I.S. Australia Pty Ltd. for AUD 360 million.
October 12, 2022
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Charter Hall Long WALE REIT (ASX:CLW), Charter Hall Social Infrastructure REIT (ASX:CQE) and other charter hall managed fund acquired Canberra, Geoscience Australia property from Real I.S. Australia Pty Ltd. for AUD 360 million on October 12, 2022. Ernst and Young acted as due diligence provider to Charter Hall Long WALE REIT and Charter Hall Social Infrastructure REIT.
Charter Hall Long WALE REIT (ASX:CLW), Charter Hall Social Infrastructure REIT (ASX:CQE) and other charter hall managed fund acquired Canberra, Geoscience Australia property from Real I.S. Australia Pty Ltd. on October 12, 2022. Colliers und JLL acted as real estate advisors to Real I.S.
Charter Hall Social Infrastructure REIT (Trust) is an Australia-based real estate investment trust (REIT) that invests in social infrastructure properties. The Trust's property portfolio assets comprise directly held investment properties and indirectly held interests in investment properties held through joint ventures. Investment properties comprise investment interests in land and buildings held for long term rental yields, including properties that are under development. The Trust's social infrastructure portfolio includes approximately 366 properties. Its retail projects include Rosebud Plaza, Bateau Bay Square, Lake Macquarie Square, Rockdale Plaza, Wanneroo Central, and Currimundi Markets. The Trust invests in commercial property that includes office, industrial, retail, or social infrastructure property through a direct or unlisted property fund. The Trust is managed by Charter Hall Social Infrastructure Limited.
Charter Hall Long WALE REIT, Charter Hall Social Infrastructure REIT and other charter hall managed fund acquired Canberra, Geoscience Australia property from Real I.S. Australia Pty Ltd. for AUD 360 million.
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