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Charter Hall Social Infrastructure REIT Boosts Distribution, Expands Portfolio with Strategic Acquisition
8:19am on Tuesday 11th of February, 2025 AEDT
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Real Estate
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Charter Hall Social Infrastructure REIT Boosts Distribution, Expands Portfolio with Strategic Acquisition
8:19am on Tuesday 11th of February, 2025 AEDT
Key Points
Operating earnings of $28.5 million and distributions of 7.5 cents per unit for 1H FY25
Acquisition of $47 million pathology laboratory in Perth with 6.4% initial yield
Divestment of $84 million in childcare assets at an 8.6% premium to book value
Portfolio valued at $2.1 billion with 100% occupancy and 11.9 years WALE
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Charter Hall Social Infrastructure REIT (ASX:CQE)
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