Should You Consider Charter Hall Group For Your Portfolio?

Real property or insurance concept
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What Does Charter Hall Do?

Charter Hall Group [ASX:CHC] is a property fund manager and developer that operates across Australia. It is active in the office, retail, industrial and residential sectors of the real estate industry.

What is Happening to Charter Hall’s Share Price?

Since hitting a low in October 2014, the stock has been in a strong uptrend. Since it closed at $4.11 on 7 October, it’s risen to hit as high as $5.30. However, the stock price has some way to go to hit its all time high of $11.89 in 2007.

What Now for Charter Hall?

With land values increasing around Australia, the outlook is bright for Charter Hall’s existing assets. As property continues to go higher over this real estate cycle, Charter Hall should be able to increase its earnings per share. If you understand how the real estate cycle works, you’ll see why Charter Hall and businesses like it are worth further investigation for your portfolio.

Regards,

Callum Newman+,
for The Daily Reckoning Australia

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Callum Newman

Callum Newman

Callum Newman is the editor of The Daily Reckoning and Associate Editor of Cycles, Trends and Forecasts. He also hosts The Daily Reckoning Podcast. Originally graduating with a degree in Communications, Callum decided financial markets were far more fascinating than anything Marshall McLuhan (the ‘medium is the message’) ever came up with. Today Callum spends his day reading and researching why currencies, commodities and stocks move like they do. So far he’s discovered it’s often in a way you least expect. To have Callum’s thoughts and insights on the current state of the currency, commodities and stock markets delivered straight to your inbox, take out a free subscription to The Daily Reckoning here.
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