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Charter Hall Sells 5% Holding in Waypoint REIT

  • July 28, 2020 12:46 PM AEST
  • Team Kalkine

Charter Hall Group (ASX:CHC) announced sale of its 5% holding in Waypoint REIT (WPR). Some of the highlights are:

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  • CHC stake was sold for $2.61 per WPR security, totalling $101.6 million.
  • Charter Hall Long WALE REIT has also sold its entire 5% holding in WPR, for the same price.
  • Charter Hall shall get a distribution of 7.41 cents per WPR security for the half year ended 30 June 2020
  • The distribution together with the sale price shall provide Charter Hall with a positive total return on its February 2020 entry price.


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