CQR 2026 Half Year Results Presentation

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Stock Charter Hall Long Wale REIT (CLW.ASX)
Release Time 12 Feb 2026, 8:27 a.m.
Price Sensitive Yes
 CQR 2026 Half Year Results Presentation
Key Points
  • Operating EPS of 12.75 cents per security, 2% growth on prior period
  • $139 million net valuation uplift, 2.8% increase during 1H FY26
  • $1.1 billion of new interest rate hedging completed, average forecast hedging of 80% for 2H FY26
Full Summary

Charter Hall Long WALE REIT reported a strong set of results for the 1H FY26, with operating EPS and DPS growing 2% to 12.75 cents per security. This was driven by a 3% like-for-like growth in net property income and $139 million in net property valuation uplifts, representing a 2.8% increase during the period. The REIT's portfolio remains highly defensive, with 99.9% occupancy and a 9.2 year WALE underpinned by government, ASX-listed, multinational and national tenants. The REIT completed $701 million in debt initiatives, including $270 million in new balance sheet debt facilities and $431 million in new and refinanced JV secured debt facilities, extending the weighted average debt maturity to 3.4 years. Moody's Baa1 investment grade rating was also reaffirmed. The REIT's balance sheet remains well-positioned, with a 29.8% gearing ratio and 80% forecast hedging for 2H FY26.

Guidance

FY26 guidance reaffirmed at 25.5 cents operating EPS and DPS, representing +2% annual growth on FY25.

Outlook

The REIT remains well-positioned to deliver stable and growing income to investors, underpinned by its high-quality, diversified portfolio of net lease assets leased to blue-chip tenants across defensive, essential industries.