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Property Stocks Down Under 18 January 2023: Charter Hall Long WALE REIT (ASX:CLW)
Charter Hall Long WALE REIT (ASX:CLW): A REIT that actually increased its portfolio in 2022
Ever since its 2016 listing, Charter Hall Long WALE REIT (ASX: CLW) has one of the ASX’s most diversified and largest REITs. However, CLW has not been able to escape the impact from the dour property market, suffering a 12 month share price decline of 11%. This is in spite of the fact that its portfolio grew in the past year, something that can’t be said in respect of many other REITs on the ASX.
Click here to read the previous edition of Property Stocks Down Under published 11 January 2023.