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Why Charter Hall Retail REIT Is Betting $151M on Bunnings Hardware Assets
2:22pm on Thursday 30th of October, 2025 AEDT
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Real Estate
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Why Charter Hall Retail REIT Is Betting $151M on Bunnings Hardware Assets
2:22pm on Thursday 30th of October, 2025 AEDT
Key Points
Acquisition of four Bunnings hardware assets totaling $151 million
Assets located in established regional centres in NSW and Queensland
Long lease terms up to 10 years with fixed annual rent increases
Funded entirely through undrawn debt capacity, accretive to earnings
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Charter Hall Retail REIT (ASX:CQR)
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