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Australian Property Group Withdraws From Potential Bid For Westpac Business

Tom Burroughes

22 August 2017

Australian property group media affairs section of its own corporate website that this publication could identify at the time of going to press.

“Further to Charter Hall Group’s announcement on 24 July 2017, Charter Hall has determined not to proceed with further due diligence on the acquisition of Hastings Management Proprietary Limited,” Charter hall said in a brief statement that gave no other reasons for the decision. 

Charter Hall has over A$19 billion of funds under management across the office, retail and industrial sectors. The Group has offices in Sydney, Melbourne, Brisbane, Adelaide and Perth.