![]() To read the digital edition of the latest IPE Real Assets magazine click here. GIC’s relationship with Charter Hall goes back 15 years. GIC and Charter Hall acquired the assets from Brookfield for A$450m. Most recent of these was the purchase of an office building with retail, known as the Jessie Street Centre, in Parramatta, the key business centre of Sydney’s western suburbs. It has also mandated Charter Hall to seek out other suitable Investments in Australia, resulting in a string of transactions. GIC has recently been acquiring small neighbourhood convenience shopping centres in Australia through Perth-based Primewest. Charter Hall purchased the BP stations at a price reflecting a 5.5% yield. Investment banking sources said the final offer for the Caltex assets was a price that would equate to a yield of between 5.3% and 5.5%. Caltex Alexandra Petrol Station telephone, address, services and ATMs available. The situation was complicated when Canada’s Alimentation Couche-Tard made a takeover offer for the fuel refiner and retailer, before deciding not to pursue the deal when COVID-19 hit. Like the BP service stations, which are leased back to BP for 25 years, the sale-and-leaseback deal with Ampol, formerly Caltex, will come with long-dated leases.Ĭharter Hall is reported to have been courting Caltex, which is rebranding in Australia as Ampol, to buy into the service station portfolio for more than a year, but price was the sticking point. Last December, CQR and its sister trust, Charter Hall Long WALE REIT, partnered with their manager, Charter Hall, in the purchase of a 49% stake in the BP service stations for A$840m.Ĭharter Hall topped up its interest with an additional 17.5% stake, purchased in February this year for at least A$147m. Among its assets is a 30% stake in a portfolio of 225 convenience stores and service stations leased to BP. A source said these assets were best suited to a retail trust.ĬQR currently manages a A$4bn convenience-based Australian retail portfolio. ![]() IPE Real Assets understands that a Charter Hall fund, most likely the listed Charter Hall Retail Fund (CQR), will co-invest with GIC in the portfolio of Caltex service stations. Sources told IPE Real Assets an announcement on the transaction is imminent. This data set was last updated on June 15, 2022. Number of locations available for download in this dataset are 58. However, if you leave the form at any stage you will be able to continue from the point you left.Singapore’s GIC has stepped up its investment in Australia as it backs Charter Hall Group in the purchase of a 49% stake in 250 service stations/convenience stores, operated under the Caltex brand, for around A$1bn (€610m). Caltex Petrol gas station locations in Australia. Make sure you complete each step fully before moving forward as you will not be able to go back in the process. This is a multi-step application form and your progress will be saved as your progress. If you do have an operating system that is older than Windows10 please download and complete the forms and email them back to Application Forms All Cities Filter Caltex Taman Perling 4.1 (10) PTD 30504, Jalan Layang, Taman Perling, 81200 Johor Bahru, Johor, Malaysia Caltex Seberang Jaya, Penang 4.0 (10) Lot 5730,5731 & 5732, Jalan Jelawat, 13700 Seberang Jaya, Penang, Malaysia Caltex (Edar Terkini Sdn Bhd) Subang Jaya 3. Preference will be given in accordance with the Astron Energy’s transformation objectives. A constant dedication to provide personal full time on-site management.Have experience in successfully operating a business or possess the credentials supporting their interest and ability to learn.Successful applicants should preferably possess the following attributes: Please note: should this preliminary information meet our criteria, Astron Energy will contact you via email and arrange for you to complete a more comprehensive application form in the next step of the retailer selection process. A certified copy of your South African Identity Document or passport (for non-South Africans).Proof of your highest level of education achieved (certified copy) CALTEX PETROL STATION CONSTANTIA KLOOF GAUTENG Caltex Petrol Station on 14th Avenue underwent a revamp and redesign of the interior convenience store. ![]() Please do not try access the Application form using Internet Explorer as it is no longer supported. Please note: that when accessing the Application form, you need to use one of the following supported internet browsers Google Chrome, Firefox, Safari or Microsoft Edge. Please complete our qualifying form by clicking on the link below. ![]()
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