HPI 0.92% $3.28 hotel property investments

News: HPI Hotel Property Investments Says Strategic Asset Sales And Capital Investment Program

  1. 186,781 Posts.
    lightbulb Created with Sketch. 2746

    March 22 (Reuters) - Hotel Property Investments (HPI) :

    • STRATEGIC ASSET SALES AND CAPITAL INVESTMENT PROGRAM
    • DEAL FOR A$48.6 MILLION
    • ENTERED INTO BINDING DOCUMENTATION TO SELL FOUR ASSETS TO AUSTRALIAN VENUE CO
    • PROCEEDS FROM ASSET SALES TO BE ALLOCATED TO CAPITAL INVESTMENT PROGRAM
    • DEALS WITH AUSTRALIAN VENUE TO INVEST UP TO A$50 MILLION TO ENHANCE VENUES IN PORTFOLIO
    • MAINTAINS FY24 DISTRIBUTION GUIDANCE OF 19.0 AU CENTS PER SECURITY
    • SEES FURTHER A$26.3 MILLION INVESTMENT IN OTHER ASSETS ACROSS CO'S PORTFOLIO

    (([email protected];))

 
watchlist Created with Sketch. Add HPI (ASX) to my watchlist
(20min delay)
Last
$3.28
Change
0.030(0.92%)
Mkt cap ! $640.1M
Open High Low Value Volume
$3.19 $3.29 $3.19 $1.013M 310.6K

Buyers (Bids)

No. Vol. Price($)
1 1526 $3.25
 

Sellers (Offers)

Price($) Vol. No.
$3.28 51941 3
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
$3.27
  Change
0.030 ( 0.86 %)
Open High Low Volume
$3.24 $3.29 $3.24 32965
Last updated 15.59pm 03/05/2024 ?
HPI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.