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Charter Hall in exclusive talks to buy David Jones property – The Australian Financial Review

ASX-listed real estate fund manager Charter Hall has entered into exclusive negotiations to acquire David Jones’ Elizabeth Street store.

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ASX-listed real estate fund manager Charter Hall has entered into exclusive negotiations to acquire David Jones’ Elizabeth Street property.
Charter Hall is in exclusive talks to buy David Jones’ Elizabeth Street property.
 Nic Walker
David Jones’ owner, South Africa’s Woolworths Holdings, invited Charter Hall to undertake further due diligence on the real estate asset on Wednesday afternoon. The Elizabeth Street property is expected to be worth somewhere north of $500 million.
Woolworths ann…

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