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Charter Hall Group (ASX:CHC) Other Assets for Banks


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What is Charter Hall Group Other Assets for Banks?

Other Assets (Bank) only applies to banks.


Charter Hall Group Business Description

Traded in Other Exchanges
Address
No.1 Martin Place, Level 20, Sydney, NSW, AUS, 2000
Charter Hall Group is the umbrella group of over 30 retail and institutional unlisted funds, as well as three listed REITs: Charter Hall Long WALE REIT, Charter Hall Retail REIT, and Charter Hall Social Infrastructure REIT. Investment management fees and property services fees from these investment vehicles are the main sources of revenue for Charter Hall. The aggregate portfolio across the platform has one third exposure to office, one third to logistics, and the remainder in retail, social infrastructure and listed equities. Charter Hall co-invests in many of the vehicles, so a portion of its earnings come from rent and fund distributions. The group also earns development revenue on projects that it manages, but this income stream is relatively small.