As at 30 June 2023
As at 30 June 2023
| No. | Value ($M) | % of Total Property Assets | Passing Yield (%) |
QLD | 119 | 553.0 | 24.7 | 4.7 |
VIC | 83 | 494.0 | 22.1 | 4.9 |
NSW / ACT | 84 | 323.7 | 14.5 | 5.2 |
WA | 41 | 216.6 | 9.7 | 4.9 |
SA | 27 | 99.8 | 4.5 | 5.3 |
TAS / NT | 4 | 15.2 | 0.7 | 4.5 |
Total - Childcare1 | 358 | 1,702.4 | 76.1 | 4.9 |
Mater Headquarters & Training Facilities | 1 | 126.0 | 5.6 | 5.0 |
Geoscience Australia | 1 | 89.3 | 4.0 | 7.7 |
SA Emergency Command Centre | 1 | 87.2 | 3.9 | 4.6 |
Brisbane Bus Terminal2 | 1 | 69.3 | 3.1 | 4.2 |
iQ Westmead | 1 | 66.9 | 3.0 | 4.8 |
TAFE & Wise Medical | 2 | 40.5 | 1.8 | 4.4 |
Healius - Diagnostics | 1 | 35.4 | 1.6 | 4.1 |
Developments - Childcare | 4 | 20.6 | 0.9 | - |
Total Portfolio | 370 | 2,237.5 | 100.0 | 5.03 |
1. Includes 30 leasehold properties with a value of $23.3 million with passing yield of 19.1%
2. Equity value of CQE 50% interest in Brisbane Bus Terminal is $44.4 million, net of asset level debt of $26.1 million and other net assets of $1.3 million
3. Passing Yield excluding Developments is 5.0%, or 4.8% after deducting non-recoverable, multiple holding land tax of $3.6 million paid by CQE
Lease Structure
This information has been prepared by Charter Hall Group (Charter Hall Limited) (ABN 57 113 531 150) and Charter Hall Social Infrastructure Limited (ABN 46 111338937; AFSL 281544) as the responsible entity for Charter Hall Property Trust (ARSN 113 339 147) (together, the Charter Hall Group or the Group). It is a summary and does not purport to be complete. It is not intended to be relied upon as advice to investors or potential investors and does not take into account the investment objectives, financial situation or needs of any particular investor. A reader should, before making any decisions in relation to their investment or potential investment in the Charter Hall Group, seek their own professional advice. This document is not an offer or invitation for subscription or purchase of securities or other financial products. Indications of, and guidance on, future earnings and financial position and performance are “forward-looking statements”. Due care and attention has been used in the preparation of any forward-looking statements. Such forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Group, that may cause actual results to differ materially from those expressed or implied in such statements. There can be no assurance that actual outcomes will not differ materially from these statements. Except as required by law, the Group does not undertake any obligation to publicly update or review any forward – looking statements, whether as a result of new information or future events. This material has been made available to the recipient for information purposes only. It is not intended to be, and does not constitute a Product Disclosure Statement (PDS), prospectus, short form prospectus or profile statement as those terms are defined in the Corporations Act. It does not constitute an offer for the issue, sale or purchase of any securities, or any recommendation in relation to investing in any asset. This document has been prepared without taking account of any particular investor’s objectives, financial situation or needs. Entities within the Charter Hall Group may receive fees for managing the assets of, and providing resources to each Fund. For more detail on fees, see the relevant PDS.