Viva Energy REIT denies takeover speculations

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Viva Energy REIT has dismissed media reports, claiming that it may the target of a take-over by Charter Hall.

“Viva Energy REIT has not received any approach by Charter Hall Group in relation to an acquisition of a stake in Viva Energy REIT”, the REIT clarified on 10 February.

Viva Energy REIT is Australia’s largest listed REIT owning solely service station properties.

It has a portfolio of 454 service stations across Australia.

All of Viva REIT’s properties are on triple net leases.

Viva REIT was last done on the ASX at AUD2.73.

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