Charter Hall Retail REIT (AU:CQR) has released an update.
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Hotel Property Investments Limited is urging its shareholders to reject the offer from Charter Hall Retail REIT and Hostplus, describing it as inadequate. The company emphasizes its position as a leading owner of pub assets in Australia, with a portfolio valued at $1.25 billion. HPI remains committed to providing secure income and capital growth to its investors.
For further insights into AU:CQR stock, check out TipRanks’ Stock Analysis page.