2104 GMT - The outlook for Charter Hall Retail REIT in 2H and FY27 is shaping up very well, says Jefferies. That's because the Australian reit has significant firepower that it can deploy across its main business and the Charter Hall Convenience Retail Fund, or CCRF. Analyst Andrew Dodds points out that CCRF raised an additional A$700 million of external equity in 1H FY26, and currently maintains zero gearing compared to its 30% target. That provides it with more than A$750 million of acquisition capacity. "With Charter Hall Retail REIT now trading at a 23% discount to net tangible assets and on a 7% dividend yield, we believe this doesn't reflect the income stability, earnings outlook and potential for future operating EPS upgrades," Jefferies says. It has a buy call on Charter Hall Retail REIT's stock. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

February 08, 2026 16:04 ET (21:04 GMT)

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