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KKR Entities Increase Stake in Waypoint REIT Ltd

Story Highlights

Waypoint REIT Ltd. ( (AU:WPR) ) just unveiled an update.

Waypoint REIT Ltd has announced a change in the substantial holding of its voting shares. The KKR Entities, comprised of Comet Asia Holdings I and II, KKR Asia III Fund Investments, and KKR Asian Fund III L.P., increased their voting power from 4.85% to 6.01%. This change may impact the company’s control dynamics and indicate increased interest from the KKR Entities, potentially affecting stakeholders’ perceptions and the company’s strategic decisions.

More about Waypoint REIT Ltd.

YTD Price Performance: 2.15%

Average Trading Volume: 1,195,080

Technical Sentiment Consensus Rating: Hold

Current Market Cap: A$1.6B

Find detailed analytics on WPR stock on TipRanks’ Stock Analysis page.

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