Charter Hall Retail REIT's decision to focus on its Australia portfolio is paying off after it completed 49 new leases and renewals and delivering specialty rent growth of 2.8 per cent during the first quarter of the 2014 financial year.
Charter Hall Retail has sold its Polish properties while also buying the Southgate Plaza Shopping Centre in Morphett Vale, South Australia for $60 million.
Acquisitions and redevelopments have helped Charter Hall Retail deliver results in line with its guidance.
Charter Hall Retail bought the Secret Harbour shopping centre in Western Australia for $33.2 million.
Charter Hall Retail REIT has sold its interest in the last US joint venture entity with Regency Centers.
Kicking off the new year with an acquisition has helped Charter Hall Retail achieve a positive outcome for the first half year.
Charter Hall Retail's asset revaluation results have shown a slight fall in portfolio value as at 31 December 2012.
Plenty has been keeping Charter Hall Retail busy after the company gave an operational update for the first quarter of the 2013 financial year.
The company shares with its shareholders its 2012 successes.
Charter Hall Retail REIT is expanding its portfolio with three additional acquisitions of sub-regional shopping centres in regional New South Wales.
Charter Hall has reported a 68.1 per cent drop in statutory profit after tax of $16.7 million for the full year of 2012.
Charter Hall's property funds management reported an EBITDA of $23.3 million, representing 36 per cent of the group’s total EBITDA.
Charter Hall Retail REIT (REIT) has delivered solid operating earnings growth of $86.3 million, which was mainly driven by its Australian portfolio.
Charter Hall Retail's asset revaluation has revealed the value of its Australian portfolio decreased by 0.5 per cent at 30 June 2012.
Charter Hall has added Bay Village Shopping Centre in NSW to its growing shopping centre portfolio.
Kristy Huxtable will join the company as joint company secretary while Scott Dundas was announced as fund manager for REIT.
Charter Hall Retail REIT has acquired a 50 per cent interest in Perth's Wanneroo Central Shopping Centre.
Analysis by the Charter Hall Group indicates that since calendar year 2000, growth in supermarket trade has almost doubled increasing by 99 per cent.
Centro Retail Australia has appointed Steven Sewell as the company’s new chief executive office who will take up his role in the first quarter of 2012.
CEO REIT Steven Sewell said the Albany Creek Shopping Centre is a positive addition to the company's portfolio of existing sub-regional and neighbourhood centres.
For its quarterly operational update, the company reported its core portfolio stands at 98.7 per cent at 30 June 2011, with the same property NOI growth increasing to 3.4 per cent.
In a joint venture with Telstra Super, Charter Hall Retail REIT has expanded its shopping centre portfolio by buying eight neighbourhood and sub-regional shopping centres from Woolworths.