Charter Hall

Coles to open two distribution centres dedicated to online orders

Coles has secured long-term pre-lease commitments for two new high-tech online customer fulfilment centres in Sydney and Melbourne. Leased through Charter Hall, both facilities are anticipated to be operational by 2022 and will focus primarily on fulfilling online food and grocery orders. Both will feature UK based Ocado Group’s automated single-pick fulfilment technology and end-to-end

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Charter Hall acquires stake in BP Australia

Property investment and funds management company Charter Hall have announced plans to acquire a 49% stake in BP Australia retail sites. The $840 million deal will see the company take a managed partnership in the $1.7 billion portfolio of 225 long weighted average lease expiry (WALE) convenience retail properties currently leased to BP Australia. The

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