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Charter Hall Retail REIT delivers 4pc growth

Finance Markets / Latest Activity

Australia

Oct 31 2017

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Carolyn Cummins, The Sydney Morning Herald

Charter Hall Retail REIT will focus on increasing its portfolio with larger-scale, food-anchored neighbourhood shopping centres after posting a 4 per cent rise in sales growth for the September quarter.

This was boosted by the improved performance of its two major tenants, Woolworths and Coles, with additional revenue coming from its Aldi stores. The trust said there was a focus on increasing the number of Aldi supermarkets in the portfolio.

Go to The Sydney Morning Herald and read the full story.

SOURCE: The Sydney Morning Herald

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