Charter Hall Group

John Gandel became one of Australia’s richest men after building a shopping centre empire chiefly in Victoria before selling out to Colonial First State near the top of the property boom. Had you invested in Charter Hall Group alongside him in May 2009, as we discussed in Charter Hall summons Gandel the great on 20 Sep 10 (Hold – $2.90) [adjusted for 5 for 1 security consolidation], you’d almost have tripled your money. The company’s share price has virtually doubled in the past year alone. While managers of unlisted property funds have struggled to raise money in the aftermath...

John Gandel became one of Australia’s richest men after building a shopping centre empire chiefly in Victoria before selling out to Colonial First State near the top of the property boom. Had you invested in Charter Hall Group alongside him in May 2009, as we discussed in Charter Hall summons Gandel the great on 20 Sep 10 (Hold – $2.90) [adjusted for 5 for 1 security consolidation], you’d almost have tripled your money. The company’s share price has virtually doubled in the past year alone.

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