Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
The latest announcement is out from Charter Hall Retail REIT ( (AU:CQR) ).
Charter Hall Retail REIT, in collaboration with Host-Plus Pty Limited, has successfully acquired over 90% of Hotel Property Investments securities and plans to initiate a compulsory acquisition process for the remaining shares. This strategic move is expected to enhance Charter Hall’s market positioning within the property investment sector and align with its growth strategies, potentially delivering superior returns for investors.
More about Charter Hall Retail REIT
Charter Hall Retail REIT is a prominent owner of property for convenience retailers and is part of Charter Hall Group, one of Australia’s leading property investment and funds management firms. The company leverages its expertise in managing and investing equity across a diverse portfolio that includes office, industrial and logistics, retail, and social infrastructure sectors.
YTD Price Performance: 6.95%
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €1.19B
See more insights into CQR stock on TipRanks’ Stock Analysis page.
