Charter Hall Retail 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	14.8yrs
CEO ownership	0.02%
Management average tenure	6yrs
Board average tenure	8.2yrs

Recent management updates

Recent updates

CEO

David Harrison (58 yo)

14.8yrs

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 Retail Management Limited	no data	no data	0.023% A$ 430.0k
Mark Bryant	Joint General Counsel & Company Secretary of Charter Hall Retail Management Limited	9.5yrs	no data	no data
Richard Stacker	Industrial & Logistics CEO	no data	no data	no data
Steven Bennett	Head of Direct Property & Fund Manager	6yrs	no data	no data
Ben Ellis	Retail CEO	3yrs	no data	0.013% A$ 235.7k
Joanne Donovan	Head of Retail Finance	no data	no data	no data
Nick Kelly	Head of Listed Investor Relations	less than a year	no data	no data
Rebekah Hourigan	Joint Company Secretary at Charter Hall Retail Management Limited	no data	no data	no data
Francis Dundas	Executive Officer	13yrs	AU$454.85k	no data

6.0yrs

Average Tenure

Experienced Management: CQR's management team is seasoned and experienced (6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
David Harrison	MD, Group CEO & Executive Director of Charter Hall Retail Management Limited	14.8yrs	no data	0.023% A$ 430.0k
Ben Ellis	Retail CEO	3yrs	no data	0.013% A$ 235.7k
Roger Davis	Independent Chairman of Charter Hall Retail Management Limited	6.6yrs	AU$202.35k	0.014% A$ 268.4k
Michael Gorman	Independent Director of Charter Hall Retail Management Limited	8.2yrs	AU$134.90k	0.0043% A$ 80.2k
Susan Palmer	Independent Director of Charter Hall Retail Management Limited	9.2yrs	AU$151.04k	0.0017% A$ 32.0k

8.2yrs

Average Tenure

67yo

Average Age

Experienced Board: CQR's board of directors are considered experienced (8.2 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/04 09:05
End of Day Share Price	2025/01/03 00:00
Earnings	2024/06/30
Annual Earnings	2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Charter Hall Retail REIT is covered by 24 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Russell Wright	Barclay Pearce Capital Pty Limited
Mollie Urquhart	Barrenjoey Markets Pty Limited
Steven Tjia	Barrenjoey Markets Pty Limited

Charter Hall Retail REIT Management

Management criteria checks 2/4

Key information

Recent management updates

Charter Hall Retail REIT, Annual General Meeting, Oct 30, 2024

Charter Hall Retail REIT, Annual General Meeting, Nov 01, 2023

Key Executive recently bought AU$180k worth of stock

Insufficient new directors

Recent updates

Charter Hall Retail REIT to Report Q2, 2025 Results on Feb 14, 2025

Charter Hall Retail REIT, Annual General Meeting, Oct 30, 2024

Full year 2024 earnings released: EPS: AU$0.03 (vs AU$0.065 in FY 2023)

Now 22% undervalued

First half dividend reduced to AU$0.12

Now 20% undervalued after recent price drop

Charter Hall Retail REIT to Report Fiscal Year 2024 Results on Aug 16, 2024

Now 20% undervalued after recent price drop

First half 2024 earnings released: AU$0.072 loss per share (vs AU$0.21 profit in 1H 2023)

Upcoming dividend of AU$0.12 per share at 6.8% yield

An unknown buyer entered into an agreement to acquire Rosebud Plaza, Victoria from Charter Hall Retail REIT (ASX:CQR) for AUD 140 million.

Charter Hall Retail REIT to Report First Half, 2024 Results on Feb 16, 2024

Charter Hall Retail Reit Announces Dividend, Payable on February 29, 2024

Charter Hall Retail REIT Provides Earnings Guidance for the Fiscal Year 2024

Charter Hall Retail REIT, Annual General Meeting, Nov 01, 2023

Now 20% undervalued after recent price drop

New minor risk - Profit margin trend

Full year 2023 earnings released: EPS: AU$0.065 (vs AU$1.15 in FY 2022)

An unknown buyer acquired Brickworks Marketplace, SA from Charter Hall Retail REIT (ASX:CQR) for AUD 85 million.

Charter Hall Retail REIT to Report Fiscal Year 2023 Results on Aug 15, 2023

Now 21% undervalued after recent price drop

Key Executive recently bought AU$180k worth of stock

First half 2023 earnings released: EPS: AU$0.21 (vs AU$0.64 in 1H 2022)

Charter Hall Retail REIT Reaffirms Financial Guidance for Fiscal Year 2023

Upcoming dividend of AU$0.13 per share

Charter Hall Retail REIT Announces Distribution for the Six Months Ended December 31, 2022, Payable on February 28, 2023

Charter Hall Retail REIT Reaffirms Distribution of Fiscal Year 2023

Charter Hall Retail REIT Reaffirm Earnings Guidance for the Fiscal year 2023

Exceed Capital Pty Ltd acquired Allenstown Square Rockhampton from Charter Hall Retail REIT (ASX:CQR).

Charter Hall Retail REIT (ASX:CQR) acquired Castlereagh St tower from Country State Development for AUD 150.

Charter Hall Retail REIT (ASX:CQR) entered into agreement to acquire 49% stake in A portfolio of 51 Long WALE convenience retail properties from Z Energy Limited for NZD 132 million.

Charter Hall Retail REIT (ASX:CQR) agreed to acquire 49% stake in A portfolio of 51 Long WALE convenience retail properties from Z Energy Limited for NZ$ 132 million.

Full year 2022 earnings released: EPS: AU$1.15 (vs AU$0.51 in FY 2021)

Charter Hall Retail REIT Provides Dividend Guidance for the Fiscal Year 2023

Charter Hall Retail REIT (ASX:CQR) acquired Portfolio of 18 Gul service stations in New Zealand for NZD 64.5 million.

Charter Hall Retail REIT Declares Distribution for the Period Ending June 30, 2022, Payable on August 31, 2022

Charter Hall Retail REIT to Report Fiscal Year 2022 Results on Aug 25, 2022

First half 2022 earnings: Revenues and EPS in line with analyst expectations

CHARTER HALL RETAIL REIT Announces Ordinary Dividend for the Period Ended December 31, 2021, Payable on February 28, 2022

Charter Hall Retail Real Estate Investment Trust Reiterates Earnings Guidance for the Full Year 2022

Upcoming dividend of AU$0.12 per share

Insufficient new directors

Charter Hall Retail Real Estate Investment Trust (ASX:CQR) agreed to acquire Portfolio of 20 core freehold convenience retail sites from Ampol Limited (ASX:ALD) for AUD 50.5 million.

Full year 2021 earnings released: EPS AU$0.51 (vs AU$0.095 in FY 2020)

Upcoming dividend of AU$0.13 per share

Charter Hall Retail Real Estate Investment Trust (ASX:CQR) agreed to acquire Butler Central Shopping Centre in Butler from Woolworths Group Limited (ASX:WOW) for AUD 51.2 million.

First half 2021 earnings released: EPS AU$0.14 (vs AU$0.15 in 1H 2020)

Charter Hall Retail Real Estate Investment Trust to Report First Half, 2021 Results on Feb 17, 2021

New 90-day high: AU$3.65

New 90-day high: AU$3.57

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.

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 Retail Real Estate Investment Trust to Report Fiscal Year 2020 Results on Aug 13, 2020

CEO

Tenure

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources