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Showing 1 - 10 of 15 results for "Retail REIT"

S&P/ASX200 tipped to hit 8300: VanEck

KARREN VERGARA  |  TUESDAY, 23 APR 2024
The S&P/ASX200 is set to rise nearly 10% to 8300 by the end of the year, VanEck predicts, as Australia will also continue to avoid the "most anticipated recession" that never happened. Australia's blue-chip stocks are poised to surge further after ...

Charter Hall acquires stake in hotel REIT

KARREN VERGARA  |  TUESDAY, 2 APR 2024
... invests in hotels, pubs, and motels across Australia. The joint venture between Charter Hall and its Charter Hall Retail REIT (CQR) bought the 14.8% stake in Hotel Property Investments (HPI) from 360 Capital Group. They are now the largest shareholders ...

Charter Hall REIT cops $198m loss

KARREN VERGARA  |  TUESDAY, 8 AUG 2023
... growth, whilst higher interest costs remain a headwind for all AREITs," Anger said. Separately, Dexus' Convenience Retail REIT (DXC) also reported a loss of $8.4 million in FY23 after making a $82.6 million profit in the year prior. The loss stemmed ...

Ampol to sell 49% of Z Energy Properties to Charter Hall

CASSANDRA BALDINI  |  MONDAY, 29 AUG 2022
Ampol said Charter Hall's Retail REIT (CQR) will acquire a 49% interest in properties owned by its wholly owned subsidiary, Z Energy, for NZ$132 million. Z Energy will keep a 51% stake and the transaction is expected to complete in October. A statement ...

REIT changes fund manager

KARREN VERGARA  |  MONDAY, 17 JAN 2022
... billion real estate investment trust appointed a new lead to serve as fund manager and chief executive. Charter Hall's Retail REIT (CQR) today announced Ben Ellis takes over the reins from Greg Chubb, who resigned to assume a senior role at the Hong ...

Property giant kicks off capital raise

ALLY SELBY  |  MONDAY, 27 APR 2020
... strengthen the REIT's balance sheet and provide flexibility amid the COVID-19 crisis, Charter Hall said. The firm's retail REIT has a Baa1 credit rating, as recently re-affirmed with Moodys. Charter Hall also revealed the fund has $407 million ...

1.5 metres to trigger real estate downfall

ALLY SELBY  |  WEDNESDAY, 8 APR 2020
Social distancing will impact all real estate sectors, including local and global REITs, according to global real estate manager Principal Global Investors. It comes a day after Prime Minister Scott Morrison announced a rent relief package for commercial ...

Business unusual: COVID-19 threats facing real estate

ALLY SELBY  |  THURSDAY, 2 APR 2020
Gone are the days of 'business as usual' with Australia's capital cities and skyscrapers empty and its employees now working from the comfort (and safety) of their homes. But what impact will this have on our real estate investments? Prior ...

Former Macquarie executive director joins listed property firm

ALEX BURKE  |  THURSDAY, 18 JAN 2018
... He was also the chief executive of the Shopping Centre Council of Australia and chief executive of the Charter Hall Retail REIT. Sewell replaces long-serving managing director Frank Wolf, who joined Abacus in 1996 and took on the lead role in 2006. Wolf ...

Charter Hall unveils new REIT

KERRIE SYDEE  |  WEDNESDAY, 8 JUN 2016
... Hall is expecting to have a significant co-investment in the REIT and manage it on similar terms to the Charter Hall Retail REIT. Harrison added: "Charter Hall has been promoting the Long WALE core investment thesis and expects equity demand to continue ...
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