Report
Gareth James
EUR 100.00 For Business Accounts Only

Arena's Outlook Strengthening as Child Care Centre Oversupply Abates

No-moat Arena REIT securities have performed well over the past couple of months following comments from childcare operators that childcare center occupancy rates are starting to improve. However, at the market price of AUD 2.45, Arena is now fairly valued. This means we expect the stock to generate a total return equal to the cost of equity of 7.5% over the next year, a fair return considering the risk of investment. Alternatively, Charter Hall Education Trust, which has very similar attributes...
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

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch