- CEO
- David William Harrison
- Full Time Employees
- - -
- Sector
- Finance
- Industry
- Real estate investment trusts
- Address
- Level 20 Sydney NSW Australia 2000
- IPO Date
- Nov 15, 1995
- Business
- Charter Hall Retail REIT Charter Hall Retail REIT (ASX:CQR) is Australia's leading owner of convenience retail properties, including neighborhood and small regional shopping centers predominantly anchored by supermarkets, as well as net lease retail assets such as service stations, pubs, liquor stores, and hotels; its portfolio encompasses approximately 699 properties valued at around $4.8 billion, with major tenants including Woolworths, Coles, bp bp p.l.c., Wesfarmers Wesfarmers Limited, ALDI, Ampol, Endeavour Group, and others representing 61% of rental income, featuring a weighted average lease expiry of 7.0 years overall and 9.3 years for majors, alongside strong occupancy at 98.9% and specialty leasing spreads of +5.5%. Charter Hall Retail REIT operates exclusively in Australia with geographic diversity along the eastern seaboard, Western Australia, and Queensland growth regions, and is externally managed by Charter Hall Group Charter Hall Group Holdings Limited (ASX:CHC), headquartered in Sydney, New South Wales; originally listed on the ASX in 1996 as Macquarie Countrywide Trust, it focuses on institutional, wholesale, and retail investors through active asset management, prudent capital strategies, and sustainability initiatives. Recent developments include the FY25 completion of the privatization of Hotel Property Investments Ltd (ASX:HPI) alongside partner Hostplus for a $367.5 million equity commitment, adding a $1.3 billion portfolio of 57 pub and accommodation assets at 100% occupancy and 8.9-year WALE; extension of the RP1 portfolio with Telstra Super via acquisitions of Corio Village in Victoria and Glebe Hill Village in Tasmania for $65.0 million equity at 6.9% yield; standalone net lease purchases such as Ampol Marsden Park, On the Run West, Cecil Hotel, and Harlow Pub at an average 6.0% yield; divestments including Lake Macquarie Square for $122.5 million, Woolworths Cootamundra, and Coles Tumut; establishment of the Charter Hall Convenience Retail Fund (CCRF) with $1.75 billion equity raised, realizing a $294 million net return from asset transfers and retaining 22% ownership; and a FY26 guidance upgrade for operating earnings of 26.3 cents per unit and distributions of 25.4 cents per unit, with quarterly distributions commencing Q1 FY26.