Australia's Charter Hall Retail REIT rises on strong annual results

Charter Hall Retail REIT

07/08/2026 02:16

Updates
** Shares of Australia's Charter Hall Retail REIT CQR.AX rise as much as 2.2% to A$4.15, highest level since January 20
** Investment and fund manager posts full-year profit attributable of A$389.4 million ($273.79 million), up nearly 80% from last year
** UBS says market should be happy with this result as FY27 distribution per share guidance of 26.4 AU cents/share beats consensus estimate by 2% 
** Says group ops solid with supermarket sales growth lifting brokerage's sentiment
** Charter Hall Retail REIT announces annual distribution of 25.5 AU cents/share, a 3.3% increase on FY25
** FY revenue down 10.7% at A$176.9 million
** YTD, stock down 11.6%

($1 = 1.4223 Australian dollars)

 (Reporting by Aamir Sheik Khalid in Bengaluru)
 ((Aamir.SheikKhalid@thomsonreuters.com))