Charter Hall Retail REIT Snaps Up Four Bunnings Stores for A$151 m to Bolster Net-lease Portfolio
PositiveArtificial Intelligence
Charter Hall Retail REIT has made a significant investment by acquiring four Bunnings stores for A$151 million, enhancing its net-lease portfolio. This move not only strengthens its presence in the hardware sector but also boosts its earnings outlook for FY26, indicating a positive trajectory for the company. Such strategic acquisitions are crucial for growth and stability in the competitive retail market.
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