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Charter Hall splashes $763m on industrial assets

ASX-listed funds manager Charter Hall Group has added to its industrial portfolio with the $115 million acquisition of a logistics property in Sydney’s Erskine Park, shortly after acquiring supermarket chain ALDI’s logistics assets in a $648 million joint venture with Allianz Real Estate.

Charter Hall splashes $763m on industrial assets
ALDI's distribution centre in Dandenong, Melbourne. Photo: Charter Hall

ASX-listed funds manager Charter Hall Group has added to its industrial portfolio with the $115 million acquisition of a logistics property in Sydney’s Erskine Park, shortly after acquiring supermarket chain ALDI’s logistics assets in a $648 million joint venture with Allianz Real Estate.

Charter Hall today said two of its industrial syndicates had acquired a 43,000 square metre logistics facility located at 40-66 Lockwood Road from Melbourne-ba…

ASX-listed funds manager Charter Hall Group has added to its industrial portfolio with the $115 million acquisition of a logistics property in Sydney’s Erskine Park, shortly after acquiring supermarket chain ALDI’s logistics assets in a $648 million joint venture with Allianz Real Estate.

Charter Hall today said two of its industrial syndicates had acquired a 43,000 square metre logistics facility located at 40-66 Lockwood Road from Melbourne-ba…

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