Led by CBA, WBC, ANZ, HSBC and SMBC as Mandated Lead Arrangers, Underwriters and Bookrunners (MLAUBs), the transaction is part of a strategic capital management initiative for its $8.6 billion flagship office fund, Charter Hall Prime Office Fund (CPOF or the Fund). The strategic capital management initiative has enabled the Fund to leverage its market-leading sustainability credentials and implement a best-in-class finance platform providing significant financial and operating flexibility. This will facilitate the delivery of CPOF’s premium grade development pipeline and strategic objective of providing long term outperformance for its investors.

This transaction grows Charter Hall’s platform-wide sustainable finance to more than $9.0 billion, 100% of which is in the Office sector, reflecting its continued progress toward integrating sustainability into its operating assets. Further, the Green Loan facilities secured in this transaction have been certified by the Climate Bond Initiative and independently verified by DNV and KPMG, ensuring a thorough and transparent approach.

CPOF Fund Manager, Miriam Patterson, said, “This transaction underpins the strength of CPOF’s sustainability credentials and the competitive advantage that our investment in sustainability provides our fund investors. This has been driven in large part by Charter Hall’s approach to using independent green building rating tools to benchmark performance and drive continuous improvement.

You can now read the full whitepaper at the link below