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An update from Charter Hall Retail REIT ( (AU:CQR) ) is now available.
Charter Hall Wholesale Management Limited, acting as a trustee for various trusts, has increased its voting power in Hotel Property Investments (HPI) from 57.61% to 58.70% by acquiring additional Stapled Securities. This acquisition reflects a strategic move in Charter Hall’s investment approach, potentially influencing its market position and impacting stakeholders, including investors and partners involved in the HPI trust.
More about Charter Hall Retail REIT
Charter Hall Retail REIT operates in the real estate investment trust industry, focusing on retail properties. The company is involved in property management and investment services, targeting market segments that include shopping centers and other retail-related assets.
YTD Price Performance: 1.60%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €1.12B
See more insights into CQR stock on TipRanks’ Stock Analysis page.
