** Shares of Charter Hall Group CHC.AX rise as much as 1.9% to A$22.655, hitting their highest level since November 11
** Citi slightly hikes target price for the funds manager to A$26.1 from A$26, retains "buy" rating
** Brokerage says transaction activity in Australian real estate is up for the nine months of 2025 compared to last year, highlighting increased confidence from larger institutional investors to buy commercial property
** Also sees transaction activity in co's listed REITs to pick up amid an environment of rising property values, thereby driving upside to consensus FUM and earnings
** Citi also sees AGM on November 20 as a positive catalyst
** Stock up 55.9% YTD, including the day's moves
(Reporting by Nikita Maria Jino in Bengaluru)
((Nikita.Jino@thomsonreuters.com;))