Highlights

  • FY26 operating Earnings reached A$488.1 million, with OEPS of 103.2 cents per security.
  • Group funds under management reached A$94.3 billion at 30 June 2026.
  • Gross Equity inflows were A$6.7 billion across the property funds platform.
  • FY27 OEPS guidance is approximately 114.0 cents and assumes no performance fees.
  • The development pipeline and Balance Sheet capacity remain key areas to monitor.

Charter Hall Group (ASX:CHC) is a fully integrated diversified property Investment and funds management group that manages listed and unlisted property funds for wholesale, institutional and retail investors. Its FY26 result highlighted growth in operating earnings, funds under management and Capital inflows, while FY27 guidance points to further earnings growth without assuming performance fees.

FY26 Earnings and Distributions

For the year ended 30 June 2026, Charter Hall reported operating earnings of A$488.1 million and operating earnings per security of 103.2 cents. Statutory post-tax earnings attributable to securityholders were A$427.9 million. Distribution per security was 50.7 cents. Operating earnings remain an important measure for the group because they focus on the recurring contribution from funds management, property investments and related activities.

Funds Management Platform Expands

Group funds under management reached A$94.3 billion, including A$76.0 billion of property funds under management and A$18.3 billion from Paradice Investment Management. Gross equity inflows were A$6.7 billion. The group also reported A$17.1 billion of gross property transactions and A$22.6 billion of new and refinanced Debt across 66 funds, reflecting activity across its managed platform.

Property Investment and Development Capacity

Charter Hall reported a property investment portfolio valued at A$3.2 billion, with occupancy of 97.8% and a weighted average Lease expiry of 8.7 years. Group gearing was 14.2%, while balance sheet investment capacity was A$1.0 billion. Development completions totalled A$1.4 billion, and the combined committed and uncommitted development pipeline stood at A$20.4 billion.

FY27 Guidance Focuses on Core Earnings

For FY27, Charter Hall guided to post-tax operating earnings per security of approximately 114.0 cents, representing 10.5% growth on FY26, together with 6% distribution growth. The guidance assumes no material change in market conditions and excludes performance fees. This makes recurring funds management, investment income and deployment activity central to the year ahead.

Key Operating Considerations

Future earnings remain linked to equity inflows, property transactions, development execution, asset values and funding conditions. The group also carries exposure across office, industrial and logistics, retail and social infrastructure. Its balance sheet capacity provides flexibility for new investment, while the timing of development commitments and capital deployment will influence how quickly that capacity contributes to earnings.

Key Insights

Charter Hall entered FY27 with a larger funds platform, higher operating earnings and a sizeable development pipeline. The FY27 guidance excludes performance fees, which provides a clearer view of expected core operating progress. Capital inflows, property market conditions, deployment discipline and development execution remain the main factors shaping the group’s financial performance.