2253 GMT - Charter Hall's latest fund launches highlight the Australian property manager's momentum, Morgan Stanley says. Charter Hall this week launched the fund-raising for two new unlisted property funds, both on its Direct platform, to wholesale investors. Analyst Simon Chan says the DCRF and WPS3 funds highlight Charter Hall's wide range of sources of inflows, which now include high net worth individuals as targets. "We do not believe either DCRF or WPS3 to be too material in the scheme of Charter Hall's now A$69.4 billion property assets under management, given the small ticket size (e.g. minimum investment just A$100,000)," MS says. "But this is another incremental positive." MS retains an "overweight" call on Charter Hall. (david.winning@wsj.com; @dwinningWSJ)
(END) Dow Jones Newswires
September 04, 2025 18:53 ET (22:53 GMT)
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