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Arena REIT ( (AU:ARF) ) has provided an announcement.
Arena REIT has announced a change in the director’s interest, specifically for Robert de Vos, who has adjusted his holdings in the company’s securities. The change involved the acquisition of 132,047 ordinary stapled securities and the disposal of 138,804 LTI performance rights and 69,134 deferred STI rights. This adjustment was due to the vesting of securities under Arena REIT’s Deferred Short Term and Long Term Incentive Plan, which indicates an alignment of the director’s interests with the company’s performance metrics.
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 in the property sector, focusing on owning, managing, and developing real estate assets. The company is structured as a stapled entity comprising Arena REIT Limited, Arena REIT No. 1, and Arena REIT No. 2, and it is listed on the Australian Securities Exchange.
Average Trading Volume: 723,103
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.6B
See more data about ARF stock on TipRanks’ Stock Analysis page.