POWERED BY MOMENTUM MEDIA
Charter Hall to increase QLD investment
Charter Hall Group has announced that its unlisted wholesale partnership, Brisbane Square Wholesale Fund, has entered into an exclusive heads of agreement with Q Super to pre-lease Charter Hall’s proposed Brisbane Square Tower 2.
Charter Hall said the tower was a proposed new office building in Brisbane’s CBD’s Norther Quarter Precinct, and would increase the firm’s total investments in Queensland to over $3 billion.
The project is forecast for completion in the second half of 2020 and will accommodate a consolidation of Q Super’s four existing office facilities in Brisbane.
Charter Hall chief executive and managing director, David Harrison, said: “This unique gateway site will provide Q Super with iconic office solution providing their people and members with a great workspace experience”.
“The delivery of what will be a premium addition to the Brisbane CBD skyline will showcase Q Super and a revitalised Brisbane CBD,” he said.
“The project will increase our total investments in Queensland beyond $3 billion.”
Recommended for you
The market correction forecast by AMP’s chief economist is in full swing, with three weeks of turbulence culminating in significant losses on Tuesday.
Following a strong risk appetite in January, institutional investors have pulled back in February, with risk-seeking activity dropping to zero amid a decline in equity allocations.
While Donald Trump’s signal of progress on the US administration’s cryptocurrency reserve sparked a brief market rally, broader economic concerns and trade tensions led to an equally sharp reversal.
The ASIC chair has reiterated that while cryptocurrency is “highly speculative” and risky, it is not illegal.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Global X GlobalX FANG+ ETF
33.51 3 y p.a(%)
2
Spire Oaktree Opportunities XI Second Close
32.68 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.62 3 y p.a(%)
4
Spire Oaktree Opportunities XI First Close USD
31.36 3 y p.a(%)
5
Fidante Credit Suisse Global Private Equity
29.60 3 y p.a(%)
