Charter Hall Snaps Up Logistics Site for New $350M Estate in Brisbane
Deal News | Feb 03, 2025 | Charter Hall Group
Charter Hall Group, a prominent player in the private equity sector, has strategically acquired a 'shovel ready' logistics site in Darra, Brisbane. This acquisition is earmarked for the development of a new $350 million industrial estate, complementing their existing $250 million estate in the area. This move underscores Charter Hall's commitment to expanding its industrial real estate portfolio in key Australian markets, capitalizing on the growing demand for logistics infrastructure.
Sectors
- Real Estate
- Logistics
Geography
- Australia – The article discusses an acquisition in Brisbane, part of the Australian market.
Industry
- Real Estate – The acquisition involves the development of industrial real estate, highlighting activities within the property sector.
- Logistics – The site acquired by Charter Hall is designated for logistics, indicating its role within the logistics infrastructure landscape.
Financials
- 350,000,000 – The planned investment amount for the new industrial estate development in Brisbane.
- 250,000,000 – The value of Charter Hall's existing completed estate adjacent to the newly acquired site.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Charter Hall Group | Buyer | Company | A leading Australian property investment and development firm involved in the acquisition of the logistics site. |