Charter Hall Group (AU:CHC) has released an update.
Charter Hall Group has reported FY24 financial results, revealing an operating earnings of $358.7 million and statutory earnings of ($222.1) million, along with a distribution of 45.1 cents per share. Despite a challenging real estate environment, the company has successfully managed a funds under management (FUM) totaling $80.9 billion, including property investments valued at $2.8 billion. Charter Hall’s strategic development activities and sustainability initiatives have positioned it well for future growth, with a commitment to net zero carbon emissions by 2025 and an increase in sustainable financing to $6.4 billion.
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