0033 GMT - Charter Hall Long WALE REIT's significant debt refinancing doesn't resolve the lack of growth in FY 2027 and FY 2028, says UBS. Charter Hall Long WALE REIT has put in place a new A$2 billion secured debt platform, easing concerns around covenant breaches. UBS lifts its FY 2027-2029 EPS forecasts by 2.0%-2.5%. Still, analyst Solomon Zhang says near-term EPS growth remains hamstrung by a low in-place cost of debt. "Following our earnings changes, we still have no EPS growth across FY27/28," UBS says. "And this is despite sitting 1%/3% ahead of consensus across FY27/28." UBS retains a sell call on Charter Hall Long WALE REIT, which is up 1.7% at A$3.64. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

June 10, 2026 20:33 ET (00:33 GMT)

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