Charter Hall Further Raises Hotel Property Investments Stake

MT Newswires Live

02/10

Charter Hall Retail REIT (ASX:CQR) said Charter Hall Wholesale Management, acting as trustee for various investment trusts, further raised its stake in Hotel Property Investments (ASX:HPI) to 79.25% from 76.75%, according to a Monday filing with the Australian bourse.

The real estate investment trust is acquiring Hotel Property investment via an off-market takeover for AU$3.752 per security.

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