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Charter Hall Long WALE affirms FY'18 operating EPS guidance

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.