Charter Hall Long Wale REIT | REIT Profile

Symbol: CLW
Exchange: ASX
Founded: 1991 (33 years)
HQ: Sydney, NSW, Australia
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Small-Cap
REIT Sector: Industrial, Office, Retail

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Charter Hall Long WALE REIT (ASX: CLW), is an Australian Real Estate Investment Trust ("REIT") listed on the ASX. The REIT is focused on providing investors with stable and secure income and the potential for both income and capital growth through an exposure to long WALE properties. The REIT is actively managed to grow the portfolio through direct and indirect investments across multiple real estate sectors. The REIT is focused on assets that are predominantly leased to tenants with strong covenants on long term leases. Charter Hall Long WALE REIT is managed by Charter Hall Group, one of Australia's leading fully integrated property groups, with over 27 years' experience managing high quality real estate on behalf of institutional, wholesale and retail clients. At current, Charter Hall has $22.5 billion of funds under management and manages 332 properties across the office industrial and retail sectors. Charter Hall's interests are strongly aligned with the REIT's management and performance. The REIT will also benefit from access to Charter Hall's proven track record in sourcing investment opportunities for its funds, with $18 billion of transactions executed over the last five years, including $12.4 billion of acquisitions and $5.6 billion of divestments.