Charter Hall Retail REIT
CQR: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
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Charter Hall Retail REIT Diversifies Into Petrol Stations; FVE Unchanged.
No-moat-rated Charter Hall Retail REIT has announced it will acquire a partial stake in a portfolio of 225 service stations and associated convenience stores. Service station-focused convenience stores are a new focus for the group, but we don’t view this as transforming the business.