Charter Hall Retail Reit traded at 3.99 this Wednesday March 4th, decreasing 0.05 or 1.24 percent since the previous trading session. Looking back, over the last four weeks, Charter Hall Retail Reit lost 3.91 percent. Over the last 12 months, its price rose by 18.40 percent. Looking ahead, we forecast Charter Hall Retail Reit to be priced at 4.00 by the end of this quarter and at 3.76 in one year, according to Trading Economics global macro models projections and analysts expectations.
Charter Hall Retail REIT is an Australia-based integrated property investment and funds management company. The Company is managed by Charter Hall Group and is the owner of property leased to convenience retailers. It owns and manages office, retail and industrial properties. It uses its property knowledge to access, deploy, manage and invest equity across core real estate sectors, including Industrial & Logistics, Office, Retail and Social Infrastructure. It operates through two segments: Convenience Retail and Long WALE Retail Property. The Convenience Retail segment comprises convenience-based retail shopping center investment properties held directly and through investments in joint venture entities. The Long WALE Retail Property segment comprises long WALE retail investment properties held through investments in joint venture entities. Its property portfolio includes 10 Shelley Street, Pacific Square Shopping Centre, Balcatta Industrial Park, and Ascent on Bourke, among others.