Charter Hall and PGGM to acquire Irongate Group for $901m.

Charter Hall, a property invester and funds manager, and PGGM, a cooperative pension investor, agreed to acquire Irongate Group, a real estate investment trust company, for $901m. "We are pleased to continue our partnership with PGGM with the expansion of our industrial and logistics mandate. This Transaction further demonstrates Charter Hall’s track record of structuring and executing take private transactions alongside our wholesale capital partners, following the successful acquisition of ALE Property Group by Charter Hall Long WALE REIT and Hostplus in 2021," David Harrison, Charter Hall Managing Director and CEO. On March 30, 2022, Charter Hall and PGGM agreed to acquire Irongate Group.