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Charter Hall Retail REIT (ASX:CQR) Net Interest Margin (Bank Only) %


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What is Charter Hall Retail REIT Net Interest Margin (Bank Only) %?

Net Interest Margin (Bank Only) % only applies to banks.


Charter Hall Retail REIT Business Description

Industry
Traded in Other Exchanges
Address
No. 1 Martin Place, Level 20, Sydney, NSW, AUS, 2000
Charter Hall Retail REIT owns and manages a portfolio of convenience focused retail properties, including neighborhood and subregional shopping centers, and service stations. The REIT is managed by Charter Hall, a listed, diversified fund manager and developer, which owns a minority stake in Charter Hall Retail REIT and frequently partners with it on acquisitions and developments. More than half of rental income comes from major tenants Woolworths, Coles, Wesfarmers, Ampol, and BP (the latter two occupy service station assets). The portfolio is more seasoned than some convenience rivals, with approximately 83% of supermarket tenants at or near thresholds for paying turnover-linked rent.