Charter Hall Long WALE REIT said it is affirming its operating EPS guidance for fiscal year 2018 at 26.4 Australian cents, marking a 3.9% year-over-year increase from 2017.

The expected figure is also 3.1% higher compared to the annualized operating EPS target of 25.6 cents.

The Australian real estate investment trust is also aiming for its target distribution ratio to be at 100% of its operating earnings for the reporting period.