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Property Stocks Down Under 29 June 2022: Charter Hall Retail REIT (ASX:CQR)
Charter Hall Retail REIT: Overly vulnerable to industry headwinds
Charter Hall Retail REIT (ASX: CQR) rounds out Charter Hall’s specialty REITs. It is a landlord of convenience retailers, including shopping centres and petrol stations. These have been among the safest spaces to be invested in during the pandemic, because groceries and petrol stations were allowed to stay open as essential services. However, CQR is still below its pre-Corona Crash levels, and we fear it is particularly vulnerable to rising interest rates as well as the shift to electric vehicles.
Click here to read the previous edition of Emerging Stocks Down Under published 22 June 2022.