Report
Tony Sherlock
EUR 100.00 For Business Accounts Only

Do Not Participate in Unit Purchase Plan as Charter Hall Buys Rockdale Plaza

Charter Hall Retail reported first-half fiscal 2019 operating earnings of AUD 15.61 cents per security, or cps, up 2% on the previous corresponding period. A solid first half plus organic rental growth and earnings accretion from AUD 132 million of acquisitions versus AUD 76 million of divestments and the delivery of a AUD 60 million expansion at Lake Macquarie Square puts Charter Hall firmly on track to hit reiterated fiscal 2019 guidance for earnings growth in excess of 2%. We’ve slightly rais...
Underlying
Charter Hall Retail REIT

Charter Hall Retail REIT is a real estate investment trust (REIT). The principal activity of the Company is property investment. The Company's segments include Freestanding supermarkets, Neighbourhood shopping centres, Sub-regional shopping centres and REIT operations. The Freestanding supermarkets segment consists of standalone supermarket with no specialty shops. The Neighbourhood shopping centres segment consists of local shopping centers with one supermarket and a gross lettable area (GLA) less than 10,000 square meters. The Sub-regional shopping centres segment consists of medium sized shopping centers typically incorporating over one full line discount department store and a supermarket with total GLA of approximately 40,000 square meters. The REIT operations segment includes all other income and expenses, which are not directly attributable to these shopping centers. The Company's subsidiary, Charter Hall Retail JV Trust, is engaged in the property investment.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Tony Sherlock

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