Charter Hall Long WALE REIT – Acquisitions and Equity Raising
9 December 2020 - Charter Hall WALE Limited as responsible entity of the Charter Hall Long WALE REIT (ASX:CLW) (CLW or the REIT) today announces that it:
- has entered into agreements to acquire two properties and has completed the acquisition of a third property for a total purchase price of $319 million; and
- will undertake a fully underwritten $250 million institutional placement (Placement) to partially fund the acquisitions and associated transaction costs.
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