Charter Hall Retail REIT 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) to 57.61% through the acquisition of additional stapled securities. The purchase comes as part of an off-market takeover bid, with each security valued at $3.785. This strategic move highlights Charter Hall’s growing influence in the real estate investment sector.

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