Charter Hall Long Wale REIT (ASX: CLW) has entered into an agreement to acquire interest in properties leased to BP Australia Pty Ltd and Arnott’s Biscuits Pty Ltd for a property value of $619 million.
- It has announced a fully underwritten $350 million equity raising.
- Independent valuations of 92 properties has resulted in a $83.5 million valuation uplift.
- It has upgraded FY20 operating EPS guidance of 28.3 cents per security, subject to market disruptions.
- CLW has announced unfranked distribution of $0.07 per security to the shareholders in records on 31 December 2019.
Securities of CLW were placed on a trading halt, CLW last traded at $5.68 on 11 December 2019.