Business
Bigger is better at Charter’s Long WALE REIT – The Australian Financial Review
Charter Hall’s Long WALE REIT had a strong 2020-21 financial year – 12 months marked by $1.4 billion of acquisitions.
As a result of the acquisitions, CLWs gearing rose from 29 per cent in December to 31.4 per cent at the end of the financial year.
Weighted average lease expiry (WALE) finished the year slightly down at 13.2 years.
Fund manager Avi Anger said occupancies…
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