Charter Hall Long WALE REIT Stapled (2 Units)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| @.D | LOCK|xR# | LOCK|Lly?z^ |
Securities Attractive Underpinned by Charter Hall Long WALE's Solid Portfolio
Business Strategy and Outlook
The investment objective of Charter Hall Long WALE REIT is to earn stable and secure income. Its rents are secured with long leases, geography and sector diversification, and solid tenants. The portfolio’s weighted average lease expiry of 9.2 years as of June 30, 2026, is longer than most REIT’s. Majority of the assets are located on the Eastern Seaboard of Australia, with half in New South Wales and Victoria. The sector exposure is diversified: almost 50% of the properties are retail (pubs, service stations and department stores mostly), a fourth industrial and logistics, 15% offices, and the rest data centers and social infrastructure. Top 10 tenants, government, publicly listed, and multinational and national businesses, make up of vast majority of the rental income.
