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Arena REIT Director Increases Stake Through Reinvestment Plan

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Arena REIT Director Increases Stake Through Reinvestment Plan

Meet Your ETF AI Analyst

Arena REIT ( (AU:ARF) ) just unveiled an announcement.

Arena REIT has announced a change in the director’s interest, with Helen Thornton acquiring an additional 272 ordinary stapled securities through participation in a distribution reinvestment plan. This change reflects a slight increase in Thornton’s holdings, now totaling 34,315 securities, and indicates continued confidence in the company’s performance and strategy.

The most recent analyst rating on (AU:ARF) stock is a Buy with a A$4.50 price target. To see the full list of analyst forecasts on Arena REIT stock, see the AU:ARF Stock Forecast page.

More about Arena REIT

Arena REIT is a real estate investment trust that focuses on investing in and managing a portfolio of properties. The company operates primarily within the real estate industry, providing investment opportunities through its diversified property holdings.

Average Trading Volume: 739,499

Technical Sentiment Signal: Hold

Current Market Cap: A$1.46B

See more insights into ARF stock on TipRanks’ Stock Analysis page.

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