RESTORATION & COMMITMENT
COMMITMENT TO RAINE NAME AND FOUNDATION
Charter Hall undertook an extensive multi-million dollar redevelopment of Raine Square to transform the central CBD site in Perth into a seven day a week entertainment, dining and retail precinct. The redevelopment delivered 40 new stores and welcomed Palace Cinemas, the first cinema in the Perth CBD since 2013 and continues to deliver on its plan to transform Raine Square into a major Perth destination. In honour of Mary Raine, the original owner of the precinct, the heritage-listed Hotel Wentworth and Royal Hotel have been restored and maintained.
Charter Hall Group (ASX:CHC), a leading fully integrated property group and owners of Raine Square in Perth’s CBD, is pleased to announce that it has chosen the Raine Medical Research Foundation as its charity partner of choice undertaking a corporate commitment to help support the Foundation’s future funding of medical research.
“We’ve been so enthralled by the Mary Raine story. She was a woman of great tenacity, a business leader of her day and whose legacy we want to honour by helping the community to make the connection between Raine Square and the work of the foundation she established to benefit medical research.”
