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Arena REIT Director Increases Stake Through Reinvestment Plan

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Arena REIT Director Increases Stake Through Reinvestment Plan

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Arena REIT ( (AU:ARF) ) has issued an announcement.

Arena REIT has announced a change in the director’s interest, with Rosemary Hartnett acquiring 513 ordinary stapled securities through participation in a distribution reinvestment plan. This change increases her total holdings to 41,208 securities, reflecting a continued commitment to the company’s growth and stability, which may positively impact stakeholders’ confidence.

The most recent analyst rating on (AU:ARF) stock is a Hold with a A$4.65 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 comprises Arena REIT Limited, Arena REIT No. 1, and Arena REIT No. 2. The company focuses on investing in real estate properties, providing stable income through its diversified property portfolio.

Average Trading Volume: 651,658

Technical Sentiment Signal: Buy

Current Market Cap: A$1.48B

For a thorough assessment of ARF stock, go to TipRanks’ Stock Analysis page.

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