Citigroup, Bank of America: Advisory on Charter Hall and Hostplus’ Acquisition of Remaining 85% Stake in Hotel Property Investments

Citigroup and Bank of America have played pivotal roles in Charter Hall Group and Hostplus’s acquisition of an 85% stake in Hotel Property Investments (HPI), valued at around $900 million.

This strategic move significantly bolsters the portfolios of Charter Hall and Hostplus by integrating a substantial collection of freehold pubs and specialty tenancies across Australia into their assets.

Previously holding a 15% share,