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Charter Hall Long WALE REIT Delivers Steady Growth and Strategic Portfolio Moves in 1H FY25
5:23pm on Sunday 1st of June, 2025 AEST
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Real Estate
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Charter Hall Long WALE REIT Delivers Steady Growth and Strategic Portfolio Moves in 1H FY25
5:23pm on Sunday 1st of June, 2025 AEST
Key Points
Operating earnings of $89.8 million and distributions of 12.5 cents per security
Portfolio occupancy at 99.8% with a weighted average lease expiry of 9.7 years
Completed $300.4 million in asset divestments and $11.5 million in strategic acquisitions
Executed lease expansion and extension with Coles at Perth Airport Distribution Centre
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