Charter Hall Expands Investment Platform with New Fund and Mandate

Charter Hall Group ( (AU:CHC) ) has shared an update.

Charter Hall Group has announced the launch of the $2.5 billion Charter Hall Convenience Retail Fund (CCRF) and a $2.1 billion investment mandate for Challenger Life, expanding its wholesale investment management platform. The CCRF aims to invest in metropolitan convenience shopping centers and select net-lease retail assets across Australia, adding to Charter Hall’s existing suite of wholesale pooled funds. The fund starts with an initial $1.35 billion gross asset value portfolio and has the potential to grow to $2.5 billion. This strategic move strengthens Charter Hall’s position in the property investment market, with CCRF potentially representing over 20% of the MSCI/Mercer Wholesale Core Property Fund Index if included. Additionally, Charter Hall’s appointment to manage Challenger Life’s property assets further solidifies its role as a key player in the Australian property investment landscape.

The most recent analyst rating on (AU:CHC) stock is a Buy with a A$15.80 price target. To see the full list of analyst forecasts on Charter Hall Group stock, see the AU:CHC Stock Forecast page.

More about Charter Hall Group

Charter Hall Group is Australia’s leading fully integrated diversified property investment and funds management group. The company leverages its expertise to access, deploy, manage, and invest equity to create value and generate superior returns for its investor customers. Charter Hall has curated a diverse portfolio of high-quality properties across core sectors including Office, Industrial & Logistics, Retail, and Social Infrastructure. The company focuses on partnerships and financial discipline to create and invest in places that support growth for customers, people, and communities.

Average Trading Volume: 1,055,555

Technical Sentiment Signal: Buy

Current Market Cap: A$9.63B

For detailed information about CHC stock, go to TipRanks’ Stock Analysis page.