Business Description:
Charter Hall Group (CHC) is a property fund manager and developer, manages a suite of wholesale and retail unlisted property funds in which it holds investments. The managed funds are of a core-plus or opportunistic style comprising assets of varying quality in pre, during and post development stages, being diversified across the commercial, retail and industrial sectors and geographically across the larger Australian and New Zealand cities.

Strategy Analysis:
CHC aims to be Australia´s leading specialist property fund manager, operating a vertically integrated business model and offering a suite of products across the risk return spectrum with a particular focus on a superannuation industry client base. Using extensive in-house resources, CHC seeks to undertake active property management and capital management to optimise both property and fund returns. Charter Hall Group reported NPAT of $52.3m for the year ended 30 June 2011 (unaudited). Revenues from ordinary activities were $109.6m, up 60.5% from last year. Diluted EPS was 17.06 cents compared to 3.67 cents last year. Net operating cash flow was $58.78m compared to $38.84m last year. The final dividend declared was 8.5 cents, taking the full year dividend to 16.5 cents compared with 12.8 cents last year.