Charter Hall Long WALE REIT traded at 3.67 this Wednesday March 4th, decreasing 0.02 or 0.54 percent since the previous trading session. Looking back, over the last four weeks, Charter Hall Long WALE REIT lost 4.18 percent. Over the last 12 months, its price fell by 3.42 percent. Looking ahead, we forecast Charter Hall Long WALE REIT to be priced at 3.67 by the end of this quarter and at 3.45 in one year, according to Trading Economics global macro models projections and analysts expectations.
Charter Hall Long WALE REIT is an Australia-based real estate investment trust (REIT). The principal activity of the REIT is property investment. The REIT is focused on investing in Australasian real estate assets that are predominantly leased to corporate and government tenants on long-term leases. The REIT focuses on providing investors with stable and secure income and the potential for both income and capital growth through 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 managed by Charter Hall Group, which is a fully integrated property investment and fund management group. It manages approximately 1,641 properties across the office, industrial and logistics and retail sectors. Its properties include The Glasshouse; 242 Exhibition Street, Melbourne; 28 MacGregor Street, 12-26 Franklin Street, and Louisa Lawson Building.