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The latest update is out from Charter Hall Retail REIT ( (AU:CQR) ).
Charter Hall Retail REIT reported strong financial results for FY25, with operating earnings of $147.5 million and a statutory profit of $213.8 million. The company completed significant investments, including the acquisition of Hotel Property Investments Ltd, enhancing its income growth profile. The portfolio’s occupancy remains high at 98.9%, with record sales productivity levels and positive leasing spreads. The REIT continues to strategically curate its portfolio, acquiring new assets and divesting non-core properties, which has positively impacted its portfolio valuations and reinforced its position as a leading retail landlord in Australia.
The most recent analyst rating on (AU:CQR) stock is a Hold with a A$4.10 price target. To see the full list of analyst forecasts on Charter Hall Retail REIT stock, see the AU:CQR Stock Forecast page.
More about Charter Hall Retail REIT
Charter Hall Retail REIT is a prominent player in the real estate investment trust industry, focusing on retail properties. The company specializes in managing a portfolio of convenience shopping centers and net lease retail assets, aiming to provide attractive income growth with minimal capital expenditure leakage. Its market focus includes high-quality convenience retail tenants, with major tenants like Woolworths, Coles, and Aldi contributing significantly to its rental income.
YTD Price Performance: 33.73%
Average Trading Volume: 1,382,219
Technical Sentiment Signal: Buy
Current Market Cap: A$2.37B
See more insights into CQR stock on TipRanks’ Stock Analysis page.