Scentre Management Limited Increases Stake in Carindale Property Trust

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Scentre Management Limited Increases Stake in Carindale Property Trust

Carindale Property Trust ( (AU:CDP) ) just unveiled an announcement.

Scentre Management Limited, acting as the responsible entity of Scentre Group Trust 1, has increased its voting power in Carindale Property Trust from 65.72% to 66.94% as of February 28, 2025. This change in substantial holding indicates a consolidation of control by Scentre Management Limited, potentially impacting the strategic decisions and future direction of Carindale Property Trust, with implications for stakeholders regarding governance and influence within the company.

More about Carindale Property Trust

YTD Price Performance: 4.48%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €234M

For an in-depth examination of CDP stock, go to TipRanks’ Stock Analysis page.

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