Charter Hall Long WALE REIT (ASX:CLW) has reported a statutory profit of $141M for the period ended 31 December 2022.

Operating earnings amounted to $101.2M, or 14 cents a share for the period ended 31 December 2022 (31 December 2021: $97.8 million) and a distribution of $101.2M was declared for the same period.

The REIT has established a Distribution Reinvestment Plan (DRP) under which securityholders may elect to have all or part of their distribution entitlements satisfied by the issue of new securities rather than being paid in cash.

During the period the REIT established control over the LWR GSA Trust, a wholly owned subsidiary of DIF, and the REIT's accounts were subject to review for the period ended 31 December 2022.