Charter Hall Long WALE REIT IPO Latest info and Price Discussion, page-7

lets say CLW it trades at slight discount to VVR- then there is no stag at all

still mixed about this. It shouldn't deserve a premium multiple like GMG IOF LEP DXS etc. All are listed long time, and have 10 year+ operating history and deserve a premium. VVR is the relevant one.

VVR- current 5.41% yield @ $2.40
Assuming VVR gets to around 5.7% yield in the following year(4.5% rent growth)

CLW i said is around 6% yield in that timeframe after deploying the debt into value enhancing acquisitions.

But VVR> CLW because of the longer WALE at 16 years.

Looks like it will barely stag at all if compared to VVR

Remember VVR has a superior geographic spread to CLW.

Still mixed feelings overall, and best to compare to VVR, because VVR and CLW both have no operating histories.