Charter Hall Eyes $1.7B U.S. Portfolio Sale

Australian property company, Charter Hall Office REIT, is looking to sell its U.S. portfolio that may fetch more than $1.7 billion of its book value.

Australian property company, Charter Hall Office REIT, is looking to sell its U.S. portfolio that may fetch more than $1.7 billion of its book value, Bloomberg reports. The company has appointed Bank of America to evaluate the offers. The firms interested in the portfolio include Blackstone Group, Brookfield Asset Management and Highwoods Properties. The portfolio comprises 14 U.S. assets, including offices in Boston and Washington.

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