Facing increasing pressure on their balance sheets, Charter Hall Retail REIT has been forced to raise $300m in equity as COVID19 impacts rental income and valuations and threatens debt covenants.

Charter Hall Retail Completes $300m Equity Raising

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Charter Hall Retail REIT sells Brickworks Marketplace

Charter Hall Retail REIT (ASX: CQR) is pleased to announce the sale and settlement of Brickworks Marketplace, SA for $85 million1. Brickworks Marketplace was held in RP1, which CQR has a 50% interest in alongside Telstra Super.