Charter Hall Retail REIT (AU:CQR) has released an update.
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Charter Hall Wholesale Management Limited has increased its stake in Hotel Property Investments (ASX:HPI), with voting power rising from 53.48% to 54.99% following acquisitions of stapled securities. This change is part of an ongoing off-market takeover bid, reflecting Charter Hall’s strategic moves in the property investment sector.
For further insights into AU:CQR stock, check out TipRanks’ Stock Analysis page.
