What are REIT Managers? REIT managers manage REITs and collect a fee in the process. Investing in them is wiser as they are better in quality and enjoy a higher growth rate compared to REITs. Today, I will talk about a REITs manager in Australia called the Charter Hall Group.
Charter Hall Group’s Business Segments
Charter Hall operates in 3 main segments:
1. Property Fund Management
2. Property Investment
3. Property Development
In the first segment, they manage the REITs and the property funds, earning fees from it. They then invest the excess funds into their REITs and develop their own properties, which is their second and third business segments respectively. The properties they develop can then be included as part of the REITs they manage in the future. This will allow them to continually earn more fees from their REITs. This is a self-contained ecosystem....
