Charter Hall (ASX:CLW) maintains full year operating earnings per share guidance

Company News

by Anna Napoli

Australian Real Estate Investment Trust Charter Hall Long Wale REIT (ASX:CLW) has posted a 3.6 per cent increase in operating earnings to $73.6 million for the first half of the 2021 financial year when compared to the same time last year.

Full year operating earnings per share guidance was maintained at no less than 29.1 cents per security.

The company reported $198.6 million in statutory profit up from $80.5 million for the year earlier period.

Charter Hall’s total property portfolio increased by approximately $852 million for the period to $4.5 billion.

Shares in Charter Hall (ASX:CLW) are trading 0.85 per cent higher at $4.74.

Are you a 708 sophisticated investor?

A sophisticated investor is defined under Section 708 of the Corporations Act (net assets of $2.5 million or annual incomes in excess of $250,000).

They are eligible to receive information regarding wholesale investment opportunities that are not available to regular or retail investors.

Please subscribe if you would like to be alerted to these types of opportunities.