Charter Hall Retail REIT (AU:CQR) has released an update.
Charter Hall Retail REIT and Hostplus have increased their offer for Hotel Property Investments to $3.85 per security, but the directors of HPI advise shareholders to take no action, emphasizing the company’s strong portfolio and growth potential. HPI has announced an interim distribution of 6.5 cents per security, reflecting the portfolio’s robust performance. The offer price will be adjusted to $3.785 per security following this distribution.
For further insights into AU:CQR stock, check out TipRanks’ Stock Analysis page.
