Charter Hall secures new capital partnership with Tokyo Tatemono and UBS Asset Management
Charter Hall Group is pleased to announce it has established a new investment partnership with Tokyo Tatemono Co. and UBS Asset Management, on behalf of their clients, for a portfolio of high-quality Industrial & Logistics assets across Australia’s east coast with an end value of $1.2 billion.
The portfolio comprises three Sydney assets, two Brisbane assets and a strategic 20-hectare infill development site in Melbourne’s tightly held Dandenong precinct. The assets are predominantly leased to leading consumer staples customers, including Coles, ALDI and Coca-Cola, and the portfolio provides resilient income underpinned by strong covenants and exposure to Australia’s essential consumer supply chains.
The transaction represents Tokyo Tatemono’s first investment with Charter Hall and its first exposure to Australia’s Industrial & Logistics sector.
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