Charter Hall via CPIF and JV partner Allianz Real Estate acquire a further $282 million of ALDI logistics assets.
7 December 2020 - Charter Hall Group is pleased to announce it has extended its relationship with global institutional investor Allianz Real Estate (Allianz), through expansion of the 50/50 joint venture (JV) between Charter Hall Prime Industrial Fund (CPIF or Fund) and Allianz Real Estate, acting on behalf of several Allianz group companies, to acquire a further two ALDI distribution centre assets located in Derrimut, Melbourne and Staplyton-Yatala, Brisbane for $281.5 million (Portfolio). This expands on the JV’s initial $648 million acquisition in June 2020 of four ALDI leased logistics assets.
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