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Charter Hall Retail REIT Rebounds to $108.6M Profit, Holds Distribution Steady
8:33am on Friday 14th of February, 2025 AEDT
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Real Estate
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Charter Hall Retail REIT Rebounds to $108.6M Profit, Holds Distribution Steady
8:33am on Friday 14th of February, 2025 AEDT
Key Points
Statutory profit surged to $108.6 million from a $42.1 million loss a year prior
Operating earnings declined 7% to $73.1 million due to asset disposals and higher finance costs
Interim distribution maintained at 12.30 cents per unit
Total assets increased to $4.19 billion, with portfolio valuation gains of $75.3 million
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Charter Hall Retail REIT (ASX:CQR)
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