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Charter Hall Retail REIT ( (AU:CQR) ) just unveiled an announcement.
Charter Hall Retail REIT, through its trustee Charter Hall Wholesale Management Limited, manages investments in real estate, focusing on the retail sector. The company holds significant interests in various property trusts and works closely with superannuation funds like Hostplus to maximize returns for stakeholders. The announcement highlights a change in the interests of substantial holders within Hotel Property Investments (HPI), noting an increase in voting power from 62.95% to 64.03%. This change follows the acquisition of additional securities through an off-market takeover bid, indicating Charter Hall’s strategic maneuver to strengthen its position within the HPI investment landscape.
More about Charter Hall Retail REIT
YTD Price Performance: 2.14%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €1.13B
For a thorough assessment of CQR stock, go to TipRanks’ Stock Analysis page.
