Highlights:

  • Charter Hall Group (ASX:CHC) was trading at AUD 20.95, down 5.25% during the morning Trading session on 21 August 2026.
  • Operating Earnings reached $488.1 million, with operating earnings per security increasing 26.8% to 103.2 cents.
  • Group funds under management increased to $94.3 billion, including $76.0 billion of Property FUM.
  • Gross Equity inflows reached $6.7 billion, while gross property transactions totalled $17.1 billion.
  • FY27 guidance targets post-tax operating earnings per security of approximately 114.0 cents.

Charter Hall Group (ASX:CHC) has reported its FY26 financial results, highlighting growth across its property funds management platform, higher funds under management and continued expansion across Investment and development activities.

The company’s FY26 update outlined increased earnings, record gross equity inflows and a larger property platform, with the Group continuing to focus on creating property investment solutions across office, industrial and logistics, retail and social infrastructure sectors.

Charter Hall Group was trading at AUD 20.95, down 5.25% during the morning trading session on 21 August 2026. The company’s shares remain down 8.40% over the past year.

Earnings Growth Supported by Platform Expansion

Charter Hall reported operating earnings of $488.1 million for FY26, translating to post-tax operating earnings per security of 103.2 cents, representing a 26.8% increase.

Statutory earnings after tax were $427.9 million, while distributions increased to 50.7 cents per security, up 6.0% compared with the prior period.

Managing Director and Group CEO David Harrison said FY26 was a strong year for the Group, supported by record gross equity inflows for the Property Funds Management business, increased property transactions and the launch of multiple new funds and partnerships.

Funds Under Management Reaches $94.3 Billion

Charter Hall’s Group funds under management increased by $10.0 billion during FY26 to reach $94.3 billion.

The Group’s Property Funds Management platform accounted for $76.0 billion of total Property FUM.

Property FUM increased by $9.2 billion, supported by acquisitions of $11.9 billion, Capital Expenditure and development investment of $1.0 billion, and net property Revaluation gains of $2.1 billion. These increases were partly offset by divestments of $5.8 billion.

The company recorded gross equity inflows of $6.7 billion during the year, comprising $2.5 billion from institutional wholesale pooled funds, $3.8 billion from institutional wholesale partnerships and mandates, and $352 million from direct funds.

Property Investment Portfolio Expands

Charter Hall’s Property Investment portfolio was valued at $3.2 billion at the end of FY26, representing the Group’s co-investment alongside its broader property platform.

Property Investment EBITDA increased 17.0% during the year, supported by additional investment into opportunities, contributions from FY25 investments and active management of approximately $500 million of portfolio assets.

During FY26, the Group deployed $450 million into Property Investment activities, compared with $196 million in FY25.

The portfolio maintained a diversified tenant base, with no single asset representing more than 6% of portfolio investments. Government tenant covenants represented approximately 26% of the portfolio, alongside other Blue-Chip tenants.

Portfolio occupancy remained high at 97.8%, with a weighted average Lease expiry (WALE) of 8.7 years, weighted average rent review (WARR) of 3.5% and portfolio cap rate of 5.6%.

Development Pipeline Provides Future Growth Capacity

Charter Hall continued to expand its development activities during FY26, with development completions reaching $1.4 billion over the 12 months to 30 June 2026.

The Group’s committed and uncommitted development pipeline stood at $20.4 billion, providing future opportunities across multiple property sectors.

The pipeline increased by $2.5 billion over the six months to 30 June 2026, including a $0.6 billion increase in Industrial and Logistics development opportunities to $7.1 billion.

The uncommitted Office development pipeline increased by $1.9 billion to $7.8 billion following the Acquisition of 1 O’Connell Street, Sydney.

Sustainability and Capital Management Progress

Charter Hall achieved Net Zero Scope 1 and Scope 2 emissions within its operational control from 1 July 2025, five years ahead of its original target.

The Group expanded installed solar capacity by 10.2MW to 96.2MW, supporting asset operations and providing renewable energy Options for tenant customers.

In capital management, Charter Hall completed $22.6 billion of new and refinanced Debt facilities across 66 funds, with total platform debt facilities reaching $35.3 billion.

The refinancing activity delivered an average all-in Margin saving of 20 basis points.

At 30 June 2026, the Group retained $1.0 billion of investment capacity, with Balance Sheet gearing at 14.2%.

FY27 Outlook and Guidance

Based on no material change in current market conditions, Charter Hall expects FY27 post-tax operating earnings per security of approximately 114.0 cents, representing growth of 10.5% compared with FY26.

The guidance assumes no performance fee Revenue is generated during FY27.

The Group also expects FY27 distributions per security to increase by 6% compared with FY26.

Investor Takeaway

Charter Hall’s FY26 results highlighted expansion across its funds management platform, increased property Assets under management and continued development activity.

The company enters FY27 with a larger property platform, ongoing development opportunities and stated earnings and distribution guidance based on current market conditions.

Investors may continue to monitor funds under management growth, capital deployment activity, property market conditions and the delivery of FY27 earnings expectations.