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Charter Hall Social Infrastructure REIT Reports Strong 1H FY25 Results and Strategic Portfolio Enhancements

Story Highlights
  • Charter Hall REIT reported $28.5M in earnings with a fully occupied $2.1B portfolio.
  • The REIT acquired a Perth pathology lab and sold childcare assets, boosting portfolio quality.
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Charter Hall Social Infrastructure REIT Reports Strong 1H FY25 Results and Strategic Portfolio Enhancements

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Charter Hall Social Infrastructure REIT ( (AU:CQE) ) has provided an announcement.

Charter Hall Social Infrastructure REIT reported strong financial results for the first half of FY25, with operating earnings of $28.5 million and a fully occupied $2.1 billion property portfolio. The REIT strengthened its portfolio by acquiring a pathology laboratory in Perth and divesting childcare assets, highlighting demand for social infrastructure assets and potential for rental growth. The portfolio’s resilience is demonstrated by an 11.9-year WALE and significant rental growth potential, with 43% of income subject to market rent reviews in the next four years.

More about Charter Hall Social Infrastructure REIT

Charter Hall Social Infrastructure REIT operates in the real estate investment trust (REIT) sector, focusing on social infrastructure properties that provide essential community services. The company manages a diversified portfolio that includes childcare facilities and specialized properties like pathology laboratories, aiming to deliver sustainable returns and capital growth for investors.

YTD Price Performance: -0.93%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $605.2M

See more data about CQE stock on TipRanks’ Stock Analysis page.

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