Report
Tony Sherlock
EUR 101.80 For Business Accounts Only

Charter Hall Positions Business for Glass to Remain Half Full. FVE Unchanged at AUD 5.20

Charter Hall’s market update revealed it has no intention of curtailing its high growth ambitions, with the firm seemingly bullish on the three major property categories: office, retail and industrial.
In comparison, we have a more cautious view on Australian economic growth and hence organic growth in market demand for commercial real estate, rents, and future occupancy rates. Our earnings forecasts and AUD 5.20 fair value estimate are unchanged, with narrow moat-rated Charter Hall screening as...
Underlying
Charter Hall Group

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.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Tony Sherlock

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