Viva Energy REIT Limited Agrees to Sell its Entire Holdings in VVR

  • Feb 21, 2020 AEDT
  • Team Kalkine

Viva Energy Australia Pty Ltd, part of the Viva Energy Group Limited (ASX: VEA), has agreed to sell its entire 35.5% security holding in Viva Energy REIT Limited (ASX: VVR) and after the completion, VEA will have no remaining security holding in VVR. 


• VEA is committed to continuing to perform its role as manager and to support VVR, with such services being provided on a cost-recovery basis;
• VVR has a high-quality portfolio of strategically located service station and convenience retail assets which provide a strong and secure income stream for VVR.
At AEST 01:25PM, the VEA stock was trading at $1.860 per share, down by 4.202% from its previous close.

There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report  Top Dividend Stocks to Consider in 2020

CLICK HERE FOR YOUR FREE REPORT!
   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK