Charter Hall Retail REIT Extends Takeover Offer for Hotel Property Investment

MT Newswires Live09:04

Charter Hall Retail REIT (ASX:CQR), via its manager Charter Hall Wholesale Management, extended its takeover offer for Hotel Property Investment (ASX:HPI) to Dec. 17 from Dec. 3, according to a Tuesday filing with the Australian bourse.

The real estate investment trust is acquiring Hotel Property investment via an off-market takeover at a revised price of AU$3.785 per security.

Price (AUD): $3.45, Change: $+0.01, Percent Change: +0.29%

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