Earnings call transcript: Charter Hall Long WALE REIT posts steady H2 2026

Charter Hall Long WALE REIT, or CLW, reported steady FY 2026 results with operating earnings and distributions both at AUD 0.255 per security, up 2% from the previous year. The company's portfolio generated a 3.0% uplift in like-for-like net property income, driven by 54% of lease reviews tied to CPI and 46% linked to fixed annual increases.

CLW completed AUD 572 million of acquisitions and AUD 324 million of divestments, resulting in AUD 248 million of net acquisitions. The trust owns a AUD 6.1 billion portfolio across 505 properties, with occupancy remaining at 99.9%. Despite strong performance, the stock was down 1.3% from the previous close, trading near the lower half of its 52-week range. CLW's guidance for FY 2027 remains flat with no accretive transactional activity expected.

Brief written by urgent.news from Investing.com's own syndicated text. Machine-written — may contain errors; check the original before relying on it.