Australia's Charter Hall Retail REIT off lows on asset purchase, outlook hike

Charter Hall Retail REIT

30/10/2025 03:35

** Shares of Australia's Charter Hall Retail REIT CQR.AX fell as much as 2.3% to A$4.055, its biggest intraday pct loss since July 11

** Shares are now down 1.9%

** Co buys 100% of 4 net lease convenience hardware assets for A$151 million ($98.12 million)

** Says FY26 distribution per unit guidance is forecast to increase to 25.5 Australian cents per unit as a result of the acquisitions

** YTD, shares up 29.2%

($1 = 1.5389 Australian dollars)

 (Reporting by Nichiket Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com))