• Best in class diversified real estate portfolio secured by long term leases to blue-chip tenants
• Delivered Operating EPS of 12.5 cents per security, in line with guidance
• Completed $289 million of net property divestments and $50 million security buy-back

Charter Hall Long WALE REIT (CLW) reported its 2025 half-year results, showcasing a best-in-class diversified real estate portfolio secured by long-term leases to blue-chip tenants. The portfolio has a valuation of $5.5 billion, a weighted average lease expiry (WALE) of 9.7 years, and 99.8% occupancy. CLW delivered Operating EPS of 12.5 cents per security, in line with its FY25 guidance of 25.0 cents. The REIT completed $289 million of net property divestments, with the sale proceeds used to repay balance sheet debt and fund a $50 million on-market security buy-back program. CLW's balance sheet remains strong, with a gearing ratio of 31.8% and a Moody's Baa1 investment grade credit rating. The REIT's portfolio is diversified across sectors, with a focus on defensive industries such as data centres, telecommunications, convenience retail, and grocery distribution. CLW has also been active in asset management, including a 12-year lease extension and warehouse expansion for its Coles Distribution Centre in Perth. The REIT continues to demonstrate its commitment to environmental, social, and governance (ESG) leadership, maintaining net-zero Scope 1 and 2 emissions and increasing its portfolio's renewable energy capacity.

CLW reaffirms its FY25 Operating EPS guidance of 25.0 cents and DPS guidance of 25.0 cents, representing a distribution yield of 6.4% based on the current security price.