Barings LLC acquired 2-30 Saintly Drive in Truganina, Victoria from Core Logistics Partnership managed by Charter Hall Group (ASX:CHC) for AUD 94.1 million on November 29, 2023. Charter Hall will use proceeds of the sale to redeploy capital into accretive investments, including development of existing land banks, such as Charter Hall?s first inner-city multi-level warehouse in Sydney known as Ascent on Bourke. The transaction was brokered by Tony Iuliano of Cushman & Wakefield.

Barings LLC completed the acquisition of 2-30 Saintly Drive in Truganina, Victoria from Core Logistics Partnership managed by Charter Hall Group (ASX:CHC) on November 29, 2023.