Allianz Real Estate, Charter Hall JV acquires 2 more Aussie distribution centres for $209m

Allianz Real Estate, Charter Hall JV acquires 2 more Aussie distribution centres for $209m

Sydney Opera House, Sydney, Australia. Photo by Frans on Unsplash

Australian property investor Charter Hall Group, through a joint venture between Charter Hall Prime Industrial Fund (CPIF) and global institutional investor Allianz Real Estate, acquired two additional distribution centres from supermarket chain ALDI.