Report
Gareth James
EUR 101.80 For Business Accounts Only

Arena REIT FVE Not Impacted by Child Care Centre Oversupply

Listed Australian child care companies unanimously highlighted an oversupply of child care centres during the February financial reporting season but we remain comfortable with our AUD 2.50 fair value estimate for Arena REIT. Although oversupply is impacting child care centre occupancy rates, we expect this to primarily impact child care centre operators rather than the property owners, as discussed in our recent report "How to Play the Australian Child Care Bonanza."
This explains the significa...
Underlying
Arena REIT

Arena REIT No. 1 (ARF1) is a Trust. The objective of the Trust is to generate and predictable income distributors to investors with earnings growth prospects over the medium to long term. The Company is a part of the Arena REIT Stapled Group.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Gareth James

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