Charter Hall Group Rises, CHC Beats ASX 200 Before Friday

Charter Hall Group Rises, CHC Beats ASX 200 Before Friday

June 12, 2026

Sydney, June 12, 2026, 09:02 AEST

  • Charter Hall Group closed at A$22.07 on June 11, up 2.79%. The S&P/ASX 200 was down 0.23% for the day.
  • Charter Hall is back in the news with Charter Hall Long WALE REIT setting up a new A$2.0 billion secured debt platform. CHC’s guidance upgrade from May is still the main story for the company.

Charter Hall Group shares jumped on the ASX, closing at A$22.07, up 60 cents or 2.79 percent, at 4:10 p.m. AEST June 11. CHC traded in a A$21.13 to A$22.51 range, with volume at 2.63 million. The move puts the property fund manager’s market cap near A$10.44 billion.

S&P/ASX 200 finished at 8,633.20 on June 11, losing 20.10 points, or 0.23%. The All Ordinaries also dropped 0.23% to 8,836.70. The move stood out against a softer Australian benchmark.

Charter Hall Group (CHC) shares have been moving higher over several sessions, according to Intelligent Investor data. The stock was at A$21.10 on June 9, climbed to A$21.47 on June 10 and reached A$22.07 on June 11. Its current-price page reported CHC up 9.42% from its A$20.17 close seven days ago.

S&P/ASX 200 futures pointed higher early Friday, tracking overnight strength from the US. Market Index said at 8:34 a.m. AEST the local market was on pace to gain after Wall Street’s jump, with the S&P 500 up 1.75%, Dow Jones up 1.86%, and Nasdaq Composite up 2.54% in the session.

Charter Hall Long WALE REIT announced on June 10 that it had finished a balance-sheet refi and moved to a new A$2.0 billion secured debt platform. The platform update shifts the REIT from unsecured to secured, letting it refinance existing debt and pay down medium-term notes it had out in the local corporate bond market. The REIT’s weighted-average debt maturity goes to 4.3 years from 2.7, while the weighted-average credit margin drops by around 20 basis points. “The refinance maximises financial flexibility,” said Avi Anger, Charter Hall Diversified CEO and CLW fund manager.

Charter Hall Group’s upgraded guidance from May 25 still sets the tone for CHC. The company raised its FY26 operating earnings per security forecast to 103.0 cents, up from 100.0 cents, which is a 26.5% jump over the FY25 OEPS of 81.4 cents. CHC also reported property funds under management at A$74.7 billion, up from A$71.7 billion at December 31, 2025.

Charter Hall said it has seen A$6.5 billion in gross equity inflows so far this financial year, and 25 new institutional investors have joined the platform in the past 18 months, according to the update. Managing Director and Group CEO David Harrison said the group’s “platform scale, disciplined capital deployment and co-investment alignment” have kept up support for equity flows and earnings growth.

Charter Hall has been active lately, announcing a new A$1.2 billion core direct institutional real estate mandate and the A$1.15 billion purchase of The O’Connell Precinct in a Sydney CBD office deal. The company also set up an industrial partnership targeting A$600 million in projects, and raised A$82 million for Telco Exchange Fund No. 2, with the offer oversubscribed. The group said it will post FY26 results on Thursday, August 20, 2026. Investors are watching to see if capital inflows and growth in property services keep driving the higher earnings target.

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