Retail REIT FY18 Results
(WorldNews Asia)

Retail REIT FY18 Results 16/08/2018 Charter Hall Retail REIT (ASX:CQR) (CQR or the REIT) today announced its FY18 results for the period 1 July 2017 to 30 June 2018. Key financial results: Operating earnings of $123.2 million, in line with prior corresponding period (pcp) and statutory profit of $146.4 million Operating earnings per security of 30.51 cents per unit, an increase of 0.4% on pcp Distributions of 28.2 cents per unit, representing a payout ratio of 92.4% and a tax deferred component of 46% Net tangible assets (NTA) up 2.2% to $4.22 per unit Balance sheet gearing1 of 33.4%, as at 30 June 2018 Weighted average debt maturity2 of 5.1 years as at 30 June 2018 Operating highlights:...