Charter Hall Long WALE REIT IPO Latest info and Price Discussion, page-83

i also did a lot of analysis

CLW is low quality relative to the A-REIT. 51% of the assets are in WA and SA, 2 of the most under performing States in australia.

CLW only has 10% of its assets in NSW - of which it is in Kogarah, not sydney CBD.

Looks like CHC are flogging off 'bad' assets to us.

DXS,IOF,VVR,GPT etc have only 5-10% of their total assets in WA or SA, and over 50% of their assets in NSW/VIC

CLW's Pub assets are only 25% of CLW. This is a minority proportion

Conclusion : CLW's proportions and weightings need to be critically assessed.