NewsBite

Viva Energy exits petrol station fund

Nick Lenaghan

Viva Energy REIT's major shareholder, fuels supplier Viva Energy, is divesting its entire remaining stake in the $2.2 billion petrol station property trust it spun off and floated four years ago.

In an after-market announcement on Thursday, Viva Energy, which holds a 35.5 per cent stake in the property trust, said it is selling 5 per cent to listed fund manager Charter Hall and another 5 per cent to the Charter Hall Long WALE REIT.

Loading...
Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com

Read More

Latest In Commercial

Fetching latest articles

Most Viewed In Property

    Original URL: https://www.afr.com/property/commercial/viva-energy-reit-tops-earnings-guidance-20200220-p542m1