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Arena REIT Director Increases Stake in Company

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Arena REIT Director Increases Stake in Company

Arena REIT ( (AU:ARF) ) has issued an update.

Arena REIT has announced a change in the director’s interest, with Helen Thornton acquiring an additional 10,985 ordinary stapled securities through an on-market trade. This acquisition increases her total holdings to 33,604 securities, reflecting confidence in the company’s market position and potential growth, which may positively influence stakeholder perceptions.

More about Arena REIT

Arena REIT is a real estate investment trust that focuses on investing in social infrastructure properties across Australia. The company primarily deals in properties such as childcare centers, healthcare facilities, and other community-focused real estate assets.

YTD Price Performance: -10.16%

Average Trading Volume: 748,438

Technical Sentiment Signal: Hold

Current Market Cap: A$1.37B

For a thorough assessment of ARF stock, go to TipRanks’ Stock Analysis page.

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