• Statutory profit of $51.3 million for the half year ended 31 December 2024
• Operating earnings of $89.8 million, or 12.50 cents per stapled security
• Distribution of $89.3 million, or 12.50 cents per stapled security, declared

Charter Hall Long WALE REIT (REIT or CLW) has reported a statutory profit of $51.3 million for the half year ended 31 December 2024, compared to a $258.4 million loss in the prior corresponding period. Operating earnings amounted to $89.8 million, or 12.50 cents per stapled security, for the half year ended 31 December 2024, compared to $94.0 million, or 13.00 cents per stapled security, in the prior corresponding period. The REIT declared a distribution of $89.3 million, or 12.50 cents per stapled security, for the same period. The REIT's statutory accounting profit includes unrealised, non-cash and other items such as net fair value movements on investment properties, net losses on derivative financial instruments, and straight lining of rental income and amortisation of lease fees and incentives. During the period, the REIT acquired two assets for $11.5 million and disposed of two assets for $299.3 million. The REIT also repurchased and cancelled 12,784,577 stapled securities for a total consideration of $50.0 million. The REIT cancelled $500 million of debt facilities and extended the term of $310 million of debt facilities due to expire in 2026 for a new five-year term expiring in August 2029.