CHC invests across the real estate spectrum from office to retail and social infrastructure operating a number of unlisted funds such as CLW, CQR and CQE. As a group it has ~$45bn under management across 1300 properties clearly offering the investor significant diversification. A part franked yield of 2.7% is attractive although the stock has clearly run strongly, similar to GMG as the cream floats to the top.
MM likes CHC for at least 10% upside
Add To Hit List
