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BRIEF-Charter Hall Retail REIT announces operational update for quarter ended March 31

Published 02/05/2017, 11:47 am
Updated 02/05/2017, 11:50 am
© Reuters.  BRIEF-Charter Hall Retail REIT announces operational update for quarter ended March 31

May 2 (Reuters) - Charter Hall Retail REIT CQR.AX

* Reit confirms that FY17 guidance for operating earnings is expected to be 30.4 cents per unit

* Distribution payout ratio range for FY17 is expected to remain between 90% and 95% of operating earnings

* In quarter ended mar 31, occupancy remained stable at 98.0% with specialty sales growth at 0.5% Source text for Eikon: ID:nASX7pvfv1 Further company coverage: CQR.AX

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