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Charter Hall Increases Stake in Hotel Property Investments
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Charter Hall Increases Stake in Hotel Property Investments

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An announcement from Charter Hall Retail REIT ( (AU:CQR) ) is now available.

Charter Hall Retail REIT, operating within the real estate investment trust sector, focuses on the management and development of retail properties, catering to various stakeholders through diversified property portfolios. The recent announcement highlights a significant change in the interests of Charter Hall Wholesale Management Limited as a substantial holder in Hotel Property Investments. The change reflects an increase in their voting power from 68.62% to 71.09% as a result of acquiring additional stapled securities through an off-market takeover bid, which could impact their influence and decision-making power within the company.

More about Charter Hall Retail REIT

YTD Price Performance: 0.0%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €1.1B

See more data about CQR stock on TipRanks’ Stock Analysis page.

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