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Dexus Convenience Retail REIT Sees Increased Stake from MA Financial Group

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Dexus Convenience Retail REIT Sees Increased Stake from MA Financial Group

Elevate Your Investing Strategy:

Dexus Convenience Retail REIT ( (AU:DXC) ) has provided an update.

Dexus Convenience Retail REIT has announced a change in the interests of a substantial holder, MA Financial Group Limited, which now holds a 6.33% voting power in the company, up from 5.27%. This increase in voting power signifies a strengthened position for MA Financial Group Limited within the company, potentially impacting strategic decisions and stakeholder interests.

The most recent analyst rating on (AU:DXC) stock is a Buy with a A$3.09 price target. To see the full list of analyst forecasts on Dexus Convenience Retail REIT stock, see the AU:DXC Stock Forecast page.

More about Dexus Convenience Retail REIT

Dexus Convenience Retail REIT operates in the real estate investment trust (REIT) industry, focusing on convenience retail properties. The company primarily invests in and manages a portfolio of retail properties across Australia, aiming to provide stable income returns to its investors.

Average Trading Volume: 181,310

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$413.3M

See more data about DXC stock on TipRanks’ Stock Analysis page.

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