Charter Hall Not Chicken in Empire Building; FVE Increased to AUD 6
Charter Hall Group remains one of the most active acquirers of Australian property, continuing to rapidly expand and diversify its funds management platform. The recent rate of growth in funds under management is running ahead of expectations, with the firm reporting net recent acquisitions, adding AUD 1.4 billion to funds under management. This in conjunction with the recently acquired Folkestone Property platform has pushed funds under management to AUD 26.4 billion in November.Aside from th...
Charter Hall Group is engaged in the investment in property funds, and property funds management. Co. has the following two reportable segments: Property Investments, which comprises investments in property funds; as well as Property Direct Investments, which comprises direct interests in investment properties; and Property Funds Management, which comprises funds management services, property management services and other property services.
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