** Morningstar said Charter Hall Long WALE REIT’s CLW.AX half‑year result reflected a "sleep‑well‑at‑night" portfolio that warrants greater appreciation
** CLW’s HY operating earnings rose 1% YoY, in line with Morningstar’s expectations, and management reaffirmed FY DPS guidance of 25.5 AU cents
** Investment research firm says investors undervalue the REIT’s income resilience, underpinned by a diversified tenant base, asset mix and geography, with long leases, low vacancy and fixed or inflation‑linked rent reviews further bolstering earnings security
** Adds, the REIT remained active in the half, acquiring higher‑yielding assets and selling lower‑yielding ones, with management expected to stay disciplined by funding future purchases largely through recycled capital
** Stock down 8.8% YTD as of last close
(Reporting by Kumar Tanishk in Bengaluru)
((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk))