Folkestone Education Trust Portfolio and Income to Be Boosted by Developments
The rising price of child care, together with subdued wage growth and a nominally fixed child care rebate, negatively affected occupancy at child care centres towards the back end of fiscal 2017. Nevertheless, narrow-moat-rated Folkestone Education Trust increased rents at market reviews by the same rate as in the previous year, with virtually all tenants exercising their options to extend the lease.Despite the short-term challenges facing the industry until the new government funding package t...
Folkestone Education Trust is a property trust investing in early learning property assets. Co. is an early learning property owner which at June 30 2016 owned a total of 393 early learning properties, which including eight development sites in locations around Australia and New Zealand. Co. also owns a medical centre and a portfolio of property securities.
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