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Charter Hall Retail REIT Boosts Earnings and Expands Portfolio with Strategic Acquisitions
8:34am on Friday 14th of February, 2025 AEDT
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Real Estate
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Charter Hall Retail REIT Boosts Earnings and Expands Portfolio with Strategic Acquisitions
8:34am on Friday 14th of February, 2025 AEDT
Key Points
Operating earnings of $73.1 million and distribution of 12.3 cents per unit
85.4% ownership in Hotel Property Investments Ltd, aiming for full acquisition
Like-for-like net property income growth of 3.0%, specialty leasing spreads up 3.8%
Portfolio divestment of Lake Macquarie Square and acquisitions including Glebe Hill Village
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Charter Hall Retail REIT (ASX:CQR)
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