Australian (ASX) Stock Market Forum

On November 19th, 2018, Folkestone Education Trust (FET) changed its name and ASX code to Charter Hall Education Trust (CQE).
 
On October 30th, 2019, Charter Hall Education Trust changed its name to Charter Hall Social Infrastructure REIT.
 
Charter Hall Social Infrastructure REIT (ASX:CQE), is an ASX listed Real Estate Investment Trust that invests in social infrastructure properties within Australia.

These properties are vital in delivering essential community services to Australians and can include childcare centres and education facilities, health and transport assets and government services (e.g. justice and emergency facilities).

The strategy focuses on providing investors with secure income and capital growth through a diversified social infrastructure portfolio leased to sector leading corporate and Government tenants.

Key attributes​

  • ASX-300 property trust with total assets of over $2.1 billion
  • Long leases (WALE – 11.9 years) with predictable annual rental increases
  • 100% occupancy with high tenant customer retention due to strategic location of properties
  • Strong ESG credentials
  • Conservative balance sheet gearing of 31.0% and weighted average debt maturity of 3.4 years
  • FY25 forecast distribution of 15.2 cents per unit, paid on a quarterly basis
 
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