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Charter Hall Group (CHC)

Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.

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Question asked

Charter Hall Group (CHC)

Dear James, Shawn and the team Thanks a lot for answering my questions. In today's morning report you mentioned that CHC is not your favorite real estate pick. Could you please let us know what is your favourite real estate pick and the reasons behind this decision. Thanks and best regards, Peter

Answer

Hi Peter,

Just to clarify for subscribers the abovementioned this piece on CHC we said it wasn’t our favourite real estate stock “from here” i.e. after it had surged almost 16%, back above $14, although we remained bullish from the $14 area.

Our preferred real estate plays moving through 2024 are:

NB We do like the Real Estate Sector as a whole with interest rates set to fall next year in Australia.

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Charter Hall Group (CHC)
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