Charter Hall Retail REIT (AU:CQR) has released an update.
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Charter Hall Retail REIT has increased its stake in Hotel Property Investments, boosting its voting power from 25.70% to 32.35%. This move comes as part of an off-market takeover bid, offering $3.785 per stapled security, reflecting Charter Hall’s strategic investment growth in the real estate sector.
For further insights into AU:CQR stock, check out TipRanks’ Stock Analysis page.
