Retail investors invited under wholesale umbrella
Australian property fund manager Charter Hall Group has launched a new ‘umbrella’ fund that gives retail investors access to a suite of existing unlisted wholesale Charter Hall property funds.
The Charter Hall Umbrella Fund provides investors with access to a diversified portfolio of more than 40 commercial properties within the office, industrial and retail markets of Australia and New Zealand.
The offer’s sole arranger and underwriter, nabCapital, is providing funding for instalment options available under the offer, which allows investors to defer payment of 40 per cent of their investment capital for three years.
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