Hotel Property Investments Sees Increased Stake by Charter Hall

Hotel Property Investments Ltd. (AU:HPI) has released an update.

Hotel Property Investments Ltd. has reported a change in the substantial holding of its stocks, with Charter Hall Wholesale Management Limited increasing its stake from 36.09% to 38.34%. This significant acquisition of over 4 million stapled securities was made at $3.785 per security as part of an off-market takeover bid, reflecting Charter Hall’s growing influence in the company.

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