Charter Hall Direct Consumer Staples Fund acquires Bunnings Anchored Property
Media Release 12 November 2019: The Charter Hall managed Charter Hall Direct Consumer Staples Fund (DCSF or Fund) has announced the acquisition of a Bunnings anchored retail complex at 303 Stirling Highway, Claremont, Perth, for $35.0 million.
The 5,460 sqm property comprises 3 levels with undercover parking for 318 cars. Bunnings comprise 93% of the retail space (5,062 sqm), with a lease expiry of 2027 plus options.
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