Charter Hall Long WALE REIT Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

David Harrison

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	8.2yrs
CEO ownership	0.1%
Management average tenure	4.9yrs
Board average tenure	7.9yrs

Recent management updates

Recent updates

Here's Why We Think Charter Hall Long WALE REIT (ASX:CLW) Is Well Worth Watching

May 20

Shareholders Of Charter Hall Long WALE REIT (ASX:CLW) Must Be Happy With Their 42% Return

Mar 15

What Kind Of Shareholders Own Charter Hall Long WALE REIT (ASX:CLW)?

Feb 17

CEO

David Harrison (57 yo)

8.2yrs

Tenure

Mr. David William Harrison has been Group Chief Executive Officer and Managing Director at Charter Hall Group since February 16, 2016. He is responsible for all aspects of the Charter Hall business, with s...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
David Harrison	MD, Group CEO & Executive Director of Charter Hall WALE Limited	no data	no data	0.097% A$ 2.4m
Philip Cheetham	Head of Listed Investor Relations	7.3yrs	no data	no data
Mark Bryant	Company Secretary & Group General Counsel of Charter Hall WALE Limited	6.4yrs	no data	no data
Megan Moore	Communications & Media Manager	no data	no data	no data
Steven Bennett	Direct CEO	no data	no data	no data
Scott Martin	Head of Finance - Diversified	no data	no data	no data
Adrian Harrington	Head of Capital & Product Development	no data	no data	no data
Carmel Hourigan	Office CEO & Executive Director of Charter Hall Wale Limited	3.4yrs	no data	0.0014% A$ 35.6k
Rebekah Hourigan	Joint Company Secretary of Charter Hall WALE Limited	2.4yrs	no data	no data
Darryl Chua	Deputy Fund Manager	no data	no data	no data

4.9yrs

Average Tenure

Experienced Management: CLW's management team is considered experienced (4.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
David Harrison	MD, Group CEO & Executive Director of Charter Hall WALE Limited	8.2yrs	no data	0.097% A$ 2.4m
Carmel Hourigan	Office CEO & Executive Director of Charter Hall Wale Limited	3.4yrs	no data	0.0014% A$ 35.6k
Peeyush Kumar Gupta	Independent Non-Executive Chairman of Charter Hall WALE Limited	7.9yrs	AU$216.30k	0.055% A$ 1.4m
Glenn Fraser	Independent Non-Executive Director of Charter Hall WALE Limited	7.9yrs	AU$159.65k	0.011% A$ 266.2k
Ceinwen Kirk-Lennox	Independent Non-Executive Director of Charter Hall WALE Limited	7.8yrs	AU$144.20k	0.0083% A$ 209.5k

7.9yrs

Average Tenure

64yo

Average Age

Experienced Board: CLW's board of directors are considered experienced (7.9 years average tenure).

Charter Hall Long WALE REIT Management

Management criteria checks 2/4

Key information

Recent management updates

Insufficient new directors

Charter Hall Long WALE REIT, Annual General Meeting, Oct 19, 2023

Key Executive recently bought AU$920k worth of stock

Charter Hall Long WALE REIT Announces Appointment of Carmel Hourigan as Director

Recent updates

Now 21% overvalued

Dividend of AU$0.065 announced

Now 22% overvalued after recent price rise

Now 20% undervalued

First half 2024 earnings released: AU$0.36 loss per share (vs AU$0.20 profit in 1H 2023)

Upcoming dividend of AU$0.065 per share at 7.5% yield

Charter Hall Long WALE REIT to Report First Half, 2024 Results on Feb 08, 2024

Charter Hall Long WALE REIT Declares Dividend for the Quarter Ended December 31, 2023, Payable on February 14, 2023

Insufficient new directors

Charter Hall Long WALE REIT Declares Dividend for the Quarter Ended September 30, 2023, Payable on November 14, 2023

Full year 2023 earnings: EPS and revenues miss analyst expectations

Charter Hall Long WALE REIT, Annual General Meeting, Oct 19, 2023

First half 2023 earnings released: EPS: AU$0.20 (vs AU$0.92 in 1H 2022)

Upcoming dividend of AU$0.07 per share

Charter Hall Long Wale REIT Declares Distribution for the Quarter Period Ending 31 December 2022, Payable 14 February 2023

Charter Hall Long WALE REIT to Report First Half, 2023 Results on Feb 09, 2023

Charter Hall Long WALE REIT (ASX:CLW) acquired 25% stake in Canberra, Geoscience Australia property for AUD 90 million.

Charter Hall Long WALE REIT Announces Distribution for the Quarter Ending 30 September 2022, Payable on 11 November 2022

Consensus forecasts updated

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Charter Hall Long WALE REIT Provides Dividend Guidance for the Fiscal Year 2023

Charter Hall Long WALE REIT to Report Fiscal Year 2022 Results on Aug 09, 2022

Charter Hall Long Wale Reit Announces Dividend on CLW - FULLY PAID UNITS STAPLED SECURITIES for Quarter Ended June 30, 2022, Payment Date Is August 12, 2022

Consensus forecasts updated

Consensus forecasts updated

First half 2022 earnings: EPS exceeds analyst expectations

Charter Hall Long WALE REIT Provides Earning Guidance for Fiscal Year 2022

Upcoming dividend of AU$0.076 per share

An unknown buyer agreed to acquire 56 Edmondstone Road, Bowen Hills, Brisbane from Charter Hall Long WALE REIT (ASX:CLW) for AUD 70.9 million.

Key Executive recently bought AU$920k worth of stock

Full year 2021 earnings released: EPS AU$1.14 (vs AU$0.28 in FY 2020)

Consensus forecasts updated

Charter Hall Long WALE REIT Updates Earnings Guidance for the Fiscal Year 2022

Charter Hall Long WALE REIT (ASX:CLW) entered into an agreement to acquire a 33.3% stake in Myer Bourke Street Mall property in Melbourne for approximately AUD 140 million.

Company Secretary of Charter Hall WALE Limited Charisse Nortje has left the company

Charter Hall Long WALE REIT has completed a Follow-on Equity Offering in the amount of AUD 250.100627 million.

Here's Why We Think Charter Hall Long WALE REIT (ASX:CLW) Is Well Worth Watching

Charter Hall Long WALE REIT Provides Earnings Guidance for the Financial Year 2022

Shareholders Of Charter Hall Long WALE REIT (ASX:CLW) Must Be Happy With Their 42% Return

What Kind Of Shareholders Own Charter Hall Long WALE REIT (ASX:CLW)?

Analysts update estimates

First half 2021 earnings released: EPS AU$0.39 (vs AU$0.22 in 1H 2020)

New 90-day low: AU$4.52

Upcoming Dividend of AU$0.073 Per Share

Charter Hall Long WALE REIT (ASX:CLW) entered into a sale and leaseback agreement to acquire 76-78 Pitt Street located in Sydney for approximately AUD 280 million.

Analysts increase EPS estimates to AU$0.27

New 90-day low: AU$4.67

Charter Hall Long WALE REIT Announces Appointment of Carmel Hourigan as Director

Long Wale Investment Partnership acquired Bunnings Portfolio for approximately AUD350 million.

Long Wale Investment Partnership managed by Charter Hall Group (ASX:CHC), HOSTPLUS Superannuation Fund and Charter Hall Long WALE REIT (ASX:CLW) acquired The Parap Tavern in Darwin from Dowling family for AUD 19.7 million.

Upcoming Dividend of AU$0.072 Per Share

Charter Hall Long WALE REIT (ASX:CLW) and Charter Hall Retail Real Estate Investment Trust (ASX:CQR) entered into an agreement to acquire a 49% stake in Portfolio of 70 Long WALE NNN Convenience Retail Properties in New Zealand from BP Oil New Zealand Limited for approximately NZD 260 million.

Charter Hall Long WALE REIT has completed a Follow-on Equity Offering in the amount of AUD 60.000002 million.

Price target raised to AU$5.34

New 90-day high - AU$5.00

Price target raised to AU$5.32

Full year earnings released

Charter Hall Long WALE REIT (ASX:CLW), Charter Hall Retail Real Estate Investment Trust (ASX:CQR) and Charter Hall Group (ASX:CHC) completed the acquisition of 49% stake in National Portfolio of 225 Long WALE Convenience Retail Properties from BP Australia Pty Limited.

Charter Hall Long WALE REIT (ASX:CLW), Charter Hall Group (ASX:CHC) and a wholesale capital partner completed the acquisition of 49% in a portfolio of Telco Exchange properties from Telstra Corporation Limited (ASX:TLS).

Charter Hall Long WALE REIT (ASX:CLW) acquired Indooroopilly Hotel for AUD 13.2 million.

New 90-day high - AU$4.71

Charter Hall Long WALE REIT (ASX:CLW) acquired Waste Transfer Facility in North Ryde from Suez Recycling & Recovery (Perth) Pty Ltd for AUD 15 million.

CEO

Tenure

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age