Charter Hall to Acquire 49% Interest in Z Energy Properties
GENERAL
Mon, Aug 29 2022 09:35 am
Ampol Limited (ASX/NZX:ALD) (Ampol) today announces that its wholly owned subsidiary, Z Energy Limited (Z Energy), has entered into an agreement for the sale of 51 freehold properties in New Zealand to an unlisted property vehicle in which Z Energy will continue to own 51% and Charter Hall Retail REIT will acquire a 49% minority interest. The transaction is an extension of the partnership with Charter Hall in Australia and is in line with Ampol’s ongoing strategy to evaluate value maximising opportunities for its core freehold sites.
Announcement PDF
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