BUZZ-Citi sees upside as Aussie Charter Hall fund adds to convenience retail portfolio

Reuters

Dec 02, 2025

BUZZ-Citi sees upside as Aussie <a href="https://laohu8.com/S/CHC.AU">Charter Hall</a> fund adds to convenience retail portfolio

** Citi says Charter Hall Convenience Retail Fund (CCRF), in which Charter Hall Retail REIT CQR.AX holds a major stake, has added a fourth triple-supermarket-anchored centre with the purchase of Southport Park Shopping Centre on Queensland's Gold Coast

** The Southport Park is a part of a mixed-use zoned corner site and ranks among just 10 Australian neighbourhood hubs anchored by top grocers Coles COL.AX, Woolworths WOW.AX and ALDI - brokerage

** Citi expects the deal to boost accretion from CQR's CCRF stake and drive higher fee income for Charter Hall Group CHC.AX, which owns about 9.6% of CQR, according to LSEG data

** Also sees cap-rate compression and steady rental growth lifting medium-term valuations for Australian convenience retail, underpinning strong net tangible assets per-share gains for CQR in its February 2026 results

** Stock is up 28.6% YTD, as of last close

(Reporting by Kumar Tanishk in Bengaluru)

((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk;))

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X: @thatstanishk http://www.x.com/thatstanishk;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7501","symbol_name":"新冠治疗股","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251201:nL6N3X70ZE:1","article_id":"2588770262","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2588770262","pubTimestamp":1764619599,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Citi sees upside as Aussie Charter Hall fund adds to convenience retail portfolio** Citi says Charter Hall Convenience Retail Fund (CCRF), in which Charter Hall Retail REIT CQR.AX holds a major s","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7501":"新冠治疗股","BK7040":"食品零售","CQR.AU":"CHARTER HALL RETAIL REIT","WOW.AU":"WOOLWORTHS GROUP LTD","CHC.AU":"CHARTER HALL GROUP","BK7087":"多样化房地产投资信托v","COL.AU":"COLES GROUP LTD","BK7162":"零售房地产信托","BK7082":"大卖场与超市","BK7005":"零售业房地产投资信托","BK7511":"ESG概念"},"translate_title":"BUZZ-花旗看到澳大利亚Charter Hall基金增加便利零售投资组合的上涨空间","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"COL.AU":0.9,"CHC.AU":0.9,"CQR.AU":0.9,"WOW.AU":0.9},"content_text":"BUZZ-Citi sees upside as Aussie Charter Hall fund adds to convenience retail portfolio** Citi says Charter Hall Convenience Retail Fund (CCRF), in which Charter Hall Retail REIT CQR.AX holds a major stake, has added a fourth triple-supermarket-anchored centre with the purchase of Southport Park Shopping Centre on Queensland's Gold Coast** The Southport Park is a part of a mixed-use zoned corner site and ranks among just 10 Australian neighbourhood hubs anchored by top grocers Coles COL.AX, Woolworths WOW.AX and ALDI - brokerage** Citi expects the deal to boost accretion from CQR's CCRF stake and drive higher fee income for Charter Hall Group CHC.AX, which owns about 9.6% of CQR, according to LSEG data** Also sees cap-rate compression and steady rental growth lifting medium-term valuations for Australian convenience retail, underpinning strong net tangible assets per-share gains for CQR in its February 2026 results** Stock is up 28.6% YTD, as of last close (Reporting by Kumar Tanishk in Bengaluru) ((Tanishk.Kumar@thomsonreuters.com; 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