Overview
Description
Charter Hall Long WALE REIT is a diversified Australian real estate investment trust that specializes in the ownership and management of high-quality property assets across Australasia. Its primary purpose is to provide investors with stable, secure income, underpinned by long weighted average lease expiries (WALE), generally around 10 years, and robust tenancies predominantly from corporate and government clients. The trust’s portfolio spans over 500 properties, characterized by near-full occupancy rates and an emphasis on long-term lease agreements, many of which are triple-net—meaning tenants are responsible for rates, maintenance, and most outgoings. Charter Hall Long WALE REIT strategically invests across sectors including office, industrial and logistics, retail, social infrastructure, agricultural logistics, and telecommunications exchange infrastructure. About half of its leases offer annual inflation-linked rental adjustments, with the remainder providing fixed increases, supporting both income consistency and growth. The trust is managed by Charter Hall Group, a leading real estate and funds management firm, leveraging extensive sector expertise to maintain asset quality and tenant stability. Charter Hall Long WALE REIT is notable for its size, defensive lease profile, and its pivotal role in supplying institutional and retail investors with direct exposure to essential commercial real estate.
About
CEO
Mr. David William Harrison
Employees
0
Address
Level 20
No.1 Martin Place
Sydney, 2000, NSW
Australia
No.1 Martin Place
Sydney, 2000, NSW
Australia
Phone
61 2 8651 9000
Website
Instrument type
REIT
Sector
Real Estate
Industry
REIT - Diversified
Country
Australia
MIC code
XASX