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Charter Hall Retail REIT ( (AU:CQR) ) has provided an update.
Charter Hall Retail REIT, through its Charter Hall Wholesale Management Limited, acts as a trustee for investment trusts and focuses on managing assets within the retail real estate sector. Recently, it has increased its stake in Hotel Property Investments (HPI), enhancing its voting power from 60.50% to 61.59% in the company. This change signifies a strategic move by Charter Hall to consolidate its holdings in HPI, potentially increasing its influence and control over HPI’s operations and strategic direction.
More about Charter Hall Retail REIT
YTD Price Performance: 1.07%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €1.11B
For detailed information about CQR stock, go to TipRanks’ Stock Analysis page.