Charter Hall Boosts Stake in Hotel Property Investments

Charter Hall Retail REIT (AU:CQR) has released an update.

Charter Hall Retail REIT has increased its voting power in Hotel Property Investments (ASX:HPI) from 32.35% to 34.85% through an acquisition of additional shares. This move, part of an off-market takeover bid, reflects Charter Hall’s strategic investments in the property sector. Investors might view this as a significant step in Charter Hall’s expansion strategy.

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