Charter Hall buys convenience retail assets for $216.7 million in Queensland and South Australia
XLRE•Settlement timing and sellers
The Queensland deals are scheduled to settle on Sept. 30, 2026; the portfolio is being acquired from Consolidated Properties Group and CVS Lane Partners.
Adelaide acquisition adds Bunnings-anchored precinct
The Adelaide acquisition is valued at AUD 80 million, adding a Bunnings-anchored large-format precinct at Prospect and Churchill Centre South.
Charter Hall agrees to buy three convenience retail assets
Charter Hall agreed to buy three convenience retail assets for AUD 216.7 million via its Charter Hall Convenience Retail Fund.
Queensland purchases include Coles- and Woolworths-anchored assets
Queensland purchases total AUD 136.7 million, covering a Coles-anchored Palm Beach center and a Woolworths-anchored Yeerongpilly Green asset.
