GIC, Charter Hall team up for $715m stake in Caltex portfolio in Australia

GIC, Charter Hall team up for $715m stake in Caltex portfolio in Australia

Photo from Ampol's website.

Singapore’s sovereign wealth fund GIC has teamed up with listed Australian property developer Charter Hall to acquire a A$1-billion ($715 million) stake in Caltex-branded service stations and convenience stores in Australia, according to a report by the Australian Financial Review.

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