Revised Charter Hall Long WALE REIT set to float
![The ATO building in Adelaide is included in the new Charter Hall trust.](/content/dam/images/g/r/p/h/h/0/image.related.afrIndexLead.320x210.gsasff.png/1477481245632.jpg)
A revised $827 million Charter Hall Long WALE REIT is preparing to float on November 8, underwritten by UBS and JPMorgan
A revised $827 million Charter Hall Long WALE REIT is preparing to float on November 8, underwritten by UBS and JPMorgan
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There is investor support for a relaunched Charter Hall Long WALE REIT, after the float offer is reworked.
Funds manager Winston Sammut's initial concerns about the largest ever initial capital raising have proved right.
Charter Hall has dropped its plan to float a $1.1 billion property trust after a bookbuild failed to raise sufficient support.
Industria REIT will be patient about further transactions after a $160 million deal that transformed the property fund.
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