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Australian Reit curbs investors' withdrawals

Unlisted Charter Hall Direct PFA Fund pays only a quarter of what was requested during a once-every-five-year window to withdraw money ....

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Charter Hall Direct PFA Fund: Major Australian REIT limits withdrawals from unlisted office fund, ET RealEstate

Investors in the unlisted A$2.5 billion ($1.72 billion) Charter Hall Direct PFA Fund received only a quarter of what they requested during a once-every-five-year window to withdraw their money late last year, according to a July update on the Charter Hall Group website. ....

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