The Motley Fool

Woolworths Group Ltd (ASX: WOW) does a deal with Charter Hall Group (ASX: CHC)

Woolworths Group Ltd (ASX: WOW) and Charter Hall Core Logistic Partnerships (CLP) have announced a partnership to develop a $100 million-plus major produce facility in Laverton, according to The Australian newspaper today. Charter Hall CLP invests in institutional-grade industrial and logistics centres.

Charter Hall already has the Drystone Estate in Laverton with facilities for Target, Reject Shop, Couriers Please, Rand and Laverton Cold Storage. The Woolworths facility will add to the already high quality clients in its CLP portfolio.

The Charter Hall Group (ASX: CHC) also has two listed vehicles, which it manages as well as the unlisted property funds, called Charter Hall Retail REIT (ASX: CQR) and Charter Hall LONG REIT (ASX: CLR). The two REITS have recently been divesting properties to enhance the quality of their property portfolios.

Japanese Billionaire’s Prediction Will Give You Goosebumps

When a veritable investing and entrepreneurial genius speaks, it pays to listen.

In fact, he's now preparing a $100B "war chest" to invest entirely in this "terrifying" new technology, which could spell huge profits for investors.

Click here to learn about this technology and how you can profit!

Motley Fool contributor Rosemary Steinfort has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

5 ASX Stocks for Building Wealth After 50

I just read that Warren Buffett, the world’s best investor, made over 99% of his massive fortune after his 50th birthday.

It just goes to show you… it’s never too late to start securing your financial future.

And Motley Fool Chief Investment Advisor Scott Phillips just released a brand-new report that reveals five of our favourite ASX stocks for building wealth after 50.

– Each company boasts strong growth prospects over the next 3 to 5 years…

– Most importantly each pays a generous dividend, fully franked.

Simply click here to find out how you can claim your FREE copy of “5 ASX Stocks for Building Wealth After 50.”

See the stocks now