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The latest update is out from Arena REIT ( (AU:ARF) ).
Arena REIT announced a change in the director’s interest, with Gareth Winter acquiring 73,631 ordinary stapled securities while disposing of 87,153 LTI performance rights and 34,567 deferred STI rights. This change reflects the vesting of securities under the company’s Deferred Short Term and Long Term Incentive Plan, potentially impacting the company’s governance and signaling confidence in its strategic direction.
The most recent analyst rating on (AU:ARF) stock is a Hold with a A$4.01 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 operates through Arena REIT Limited, Arena REIT No. 1, and Arena REIT No. 2. The company focuses on investing in and managing a portfolio of properties, primarily in the healthcare and childcare sectors, providing stable income and capital growth for its investors.
Average Trading Volume: 723,103
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.6B
For an in-depth examination of ARF stock, go to TipRanks’ Overview page.