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Charter Hall Advances Takeover of Hotel Property Investments
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Charter Hall Advances Takeover of Hotel Property Investments

Charter Hall Retail REIT (AU:CQR) has released an update.

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Charter Hall Retail REIT has completed the distribution of its second replacement bidder’s statement in a bid to acquire all remaining securities of Hotel Property Investments. The offer, dated September 25, 2024, encompasses both Hotel Property Investments Limited and the Hotel Property Investments Trust. This step marks a significant move in the off-market takeover process.

For further insights into AU:CQR stock, check out TipRanks’ Stock Analysis page.

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