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- "@context": "http://schema.org",
- "@type": "NewsArticle",
- "url": "https://www.charterhall.com.au/News/news-article/2020/03/23/charter-hall-long-wale-reit---completion-of-the-glasshouse-and-earnings-guidance",
- "publisher":{
- "@type":"Organization",
- "name":"Charter Hall",
- "logo":"https://www.charterhall.com.au/_assets/svg/charterhall-logo.svg"
- },
- "headline": "Charter Hall Long WALE REIT - Completion of The Glasshouse and Earnings Guidance'",
- "mainEntityOfPage": "https://www.charterhall.com.au/News/news-article/2020/03/23/charter-hall-long-wale-reit---completion-of-the-glasshouse-and-earnings-guidance",
- "articleBody": "Charter Hall Long WALE REIT (ASX: CLW) is providing the following update.
- The Glasshouse, Macquarie Park
- On 4 November 2019, CLW announced that it had contracted to acquire a 50% interest in The Glasshouse, 45-61 Waterloo Road, Macquarie Park, Sydney for $165.7 million (CLW’s 50% interest). Practical completion of construction occurred on 18 March 2020 with completion under the contract of sale to occur on 3 April 2020. Funding required for completion will be funded from existing CLW drawn debt facilities.
- Fund Manager of CLW, Avi Anger commented
- “We are pleased that construction of The Glasshouse at Macquarie Park has completed on program. This A-Grade office building features a 12 year lease to the NSW Government, representing approximately 70% (by net income), with a three year rental guarantee provided by the vendor over the remaining space. The building, a high quality addition to the CLW portfolio, is projected to achieve a 5 star NABERS rating and 5 Star Green Star Design and As Built ratings. The strategic focus on quality income across our portfolio is further enhanced, with government related entities collectively remaining our largest tenant.”
- FY20 Operating Earnings Guidance
- Based on current information available, CLW reaffirms the guidance of 28.3 cents Operating EPS for FY20 provided to the market on 10 February 2020.
- Announcement authorised by the Board
- View ASX Announcement",
- "image":[
- "https://www.charterhall.com.au/images/librariesprovider2/icons-logos/picture1.tmb-hero-mob.jpg?sfvrsn=9e4b99bf_1%22"
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- "datePublished": "2020-03-23",
- "dateModified": "2020-03-23"
- }
- </script>
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