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Property Stocks Down Under 21 December 2022: Charter Hall (ASX:CHC)
Charter Hall: Too much office exposure and denialism from management
We’ve given Charter Hall’s REITs a lot of love in 2022, but little attention to the company managing these funds. This company is an owner and operator of property and property funds. It is one of the ASX’s biggest property stocks, capped at over $6bn, but it has also suffered a 40% share price plunge in light of the declining property market and rising interest rates. Will 2023 be a better year for the company?
Click here to read the previous edition of Property Stocks Down Under published 14 December 2022.