Charter Hall appoints fund manager for its direct business

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Charter Hall, Australia’s leading property investment management group, is pleased to announce that Miriam Patterson, former Head of Real Assets at Telstra Super, has been appointed as Fund Manager, Charter Hall Direct. The creation of the Fund Manager role reflects the strong growth of Charter Hall’s Direct business from $3 bn to $5.3 bn in […]

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Property Funds Association appoints Charter Hall’s Steven Bennett President of the National Executive Committee

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The Property Funds Association of Australia (PFA) is the peak industry body representing the Australian unlisted direct property funds sector which manages approximately $125 billion in funds under management. The Executive Committee of PFA recently elected Steven Bennett, Head of Charter Hall Direct, as the new President of PFA’s National Executive Committee, taking over the role from Mark […]

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Charter Hall Group to acquire Folkestone Limited

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Charter Hall Group (ASX:CHC) (Charter Hall) and Folkestone Limited (ASX:FLK) (Folkestone) are pleased to announce that they have entered into a scheme implementation agreement for Charter Hall to acquire Folkestone (Scheme) for consideration of $205 million funded by cash from available investment capacity. Under the terms of the Scheme, Folkestone shareholders will be entitled to […]

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Charter Hall achieves 29% FUM growth to $17.5 billion

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Charter Hall Group (ASX:CHC) (Charter Hall or the Group) has announced its full year results for the 12 months to 30 June 2016. Key financial and operational highlights for the period are: Financial highlights: Statutory profit after tax of $215.2 million, up $97.3 million Operating earnings of $124.7 million, up 26.2% Operating earnings per security of 30.4 […]

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Charter Hall delivers strong performance

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Charter Hall Group (Charter Hall or the Group) has announced its half year results for the six months to 31 December 2015. Half Year Financial Results Summary Statutory profit after tax of $143.5 million, up 259.6% from pcp, including $89m property valuation gains Operating earnings of $61.2 million, up 26.3% from pcp Operating earnings of 15.0 cents […]

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Charter Hall increases industrial portfolio by $700 million to $3.5 billion

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Charter Hall has continued the growth in its industrial platform by acquiring circa $700 million in industrial assets since 1 July 2015. The industrial and logistics sector has been a key focus for the Group over the past three years given the sectors strong property fundamentals with the Group’s total industrial and logistics funds under […]

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