Real Estate
Over 40% of equity raised has come from existing investors. : Foreign and local investors have backed Australian fund manager Charter Hall to raise AUD600m (€383.5m) for its industrial property fund. Charter Hall Prime Industrial Fund’s (CPIF) three-month-long raising closed oversubscribed, with more than half of the equity coming from new investors, the manager said. Richard Stacker, the CEO of industrial at Charter Hall Group, said: “We are proud that over 40% of equity raised has come from existing investors, and close to 60% from new investors. Stacker said new investors came from Australia, Japan, Korea, Singapore and the UK.

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