Charter Hall Group

Charter Hall Group is an Australia-based real estate firm established in 1991, specializing in the management of property funds and syndicates for both retail and institutional investors. The company focuses on diverse investment properties across the office, retail, industrial, and social infrastructure sectors, primarily in the Asia-Pacific region and Europe. A significant portion of Charter Hall's earnings is derived from funds management, which accounts for more than two-thirds of its revenue. The firm manages various property funds, including those targeting industrial assets and logistics. Charter Hall co-invests in its funds, contributing to its earnings through performance and base fees. Although performance fees may moderate due to fluctuations in the property market, the company anticipates steady growth in regular base fees over the long term.

David Southon

Joint Mnaging Director

1 past transactions

Patties Foods

Acquisition in 2021
Patties Foods is a true Australian success story, growing into a leading Australian manufacturer, supplier, and marketer of branded frozen savory and dessert products. In 1966, after working at their local bakery, Peter and Annie Rijs bought a small cake shop named Patties in Lakes Entrance, Victoria. Wanting to offer their customers more than just sweet treats, they introduced freshly baked bread rolls and delicious hot pies to the menu. The rest, as they say, is history. It wasn’t long before their business began to boom and bite by bite, the Patties legend began to grow. By the mid-80s, thanks to its famous pies, pastries, and party food, Patties had become a household name. We’re now one of the leading Australian-owned frozen food companies and continue to build on the family’s vision to deliver great tasting, honest food to all Australians, no matter what the occasion. As an ASX listed company, we own a high-quality portfolio of iconic Australian brands which include Four’N Twenty, Patties, Herbert Adams, Nanna’s, and Chefs Pride. These brands have strong market shares and are supported by considerable brand investment by the Company. Specifically, Patties Foods has a #1 market share in the retail frozen savory segment (which includes pies, sausage rolls, pasties and party goods) and a #2 market share in the retail frozen dessert segment (which includes fruit pies, danishes/crumbles, and cakes). Patties Foods maintains the values reflecting its origin as a family-owned company. We are the custodians of a unique portfolio of brands that have become household names across the nation. Of course, along with Great Brands, and Great Assets, the other vital ingredient in our recipe for business success is – GREAT PEOPLE.
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