• Statutory profit increased by 128.3% to $275.9 million
• Operating earnings rose by 1.8% to $181.9 million
• Distributions increased to 25.5 cents per stapled security

Charter Hall Long WALE REIT reported a statutory profit of $275.9 million for the year ended 30 June 2026, up from $120.8 million in the previous year. Operating earnings increased by 1.8% to $181.9 million, and a distribution of $182.2 million, or 25.5 cents per stapled security, was declared. The increase in profit was driven by net fair value movements on investment properties, while the distribution reinvestment plan raised $34.6 million during the year. The REIT also refinanced its debt, extending the weighted average debt maturity and reducing the credit margin.

Statutory profit $275.9 million, Operating earnings $181.9 million, Distributions 25.5 cents per stapled security

The REIT's revenue streams include a proportion of inflation-linked leases and has appropriate levels of interest rate hedging in place. The uncertainty of the current geopolitical events and the outlook for consumer price inflation and interest rates in Australia may have an impact on the future performance of the portfolio.