Charter Hall completes $414m of off-market industrial and logistics acquisitions

Charter Hall Group has acquired and settled, off-market, the acquisition of 17 assets totaling more than A$560 million ($414 million) located within prime industrial precincts across the eastern seaboard of Australia.

“These acquisitions build on our strong momentum in acquiring high-quality industrial assets in prime locations across Australia,” said David Harrison, Charter Hall managing director and CEO. “The volume and scale of these acquisition speaks to the unmatched capability of our elite transaction team. We continue to lead the Australian market in deal volume, and our ability to secure high-quality assets off-market continues to deliver long-term value for the business and superior outcomes for our capital partners and investors.”

Major tenant customers secured with the latest acquisitions include Australia Post, Toll, Kmart, Border Express, Cleanaway, Zirconia (Iron Mountain) and state government agencies.

Richard Stacker, Charter Hall Industr