Charter Hall REIT delivers strong performance, forecasts FY26 growth

Charter Hall Long WALE REIT announced robust FY25 operating earnings per security (EPS) and distributions per security (DPS) of A$0.25, in line with guidance. The REIT’s diversified portfolio, valued at A$5.5 billion across 510 properties, maintained 99.9% occupancy and a 9.3-year Weighted Average Lease Expiry (WALE), reflecting stability despite higher interest costs. Proactive management included A$350 million in asset sales and A$11.5 million in strategic acquisitions during FY25, followed by A$229 million in social infrastructure and office asset acquisitions post-FY25, enhancing its earnings outlook.

These strategic decisions have returned Charter Hall Long WALE REIT to a growth trajectory, with FY26 forecast to deliver 2% growth in both EPS and DPS, reaching A$0.255 per security. The balance sheet gearing stands at 31.4%, within the target range, and 89% of drawn debt is hedged, mitigating interest rate volatility. The portfolio’s strength is underpinned by 54% triple-net leases and a Weighted Average Capitalisation Rate (WACR) of 5.4%, stable from June 2024.

Charter Hall Long WALE REIT's commitment to sustainability is evident through maintaining Net Zero Scope 1 and Scope 2 emissions and increasing onsite solar capacity to 8.9MW. The portfolio continues to exhibit strong environmental credentials with high NABERS Energy and Water ratings for office assets. The market has responded favorably to the performance, with a 48% total return to securityholders from June 2024 to August 2025, with the security price rebounding towards its net tangible asset value of A$4.59 per security.