Convenience mall owner reinstates guidance on shopping boom
Convenience mall owner reinstates guidance on shopping boom Share Net profit ($m) 82.8 v 66.7 Interim dividend 10.7c v 14.5c, payable on February 26 Charter Hall Retail REIT reinstated full-year earnings guidance after a record six months of leasing activity in the second half of 2020 as shoppers flocked back to its $3.5 billion portfolio of supermarket-anchored convenience malls. In August, the trust which trades under the ticker CQR, said it would not provide earnings guidance for the 2021 financial year citing “current COVID-19 uncertainty and its associated impacts”. The full-year dis...
Source: afr.com