Arena REIT reports portfolio value growth, shares lift
The news: Real estate investor Arena REIT said the value of its portfolio has increased by $18 million, marking a 1% uptick between 31 December 2024 and 30 June 2025.
The numbers: A total of 55 early learning centre assets and three healthcare assets were independently valued as part of Arena's portfolio valuation program.
Arena also declared a final quarter distribution of 4.5625 cents per share, taking its full-year distribution to 18.25 cents. The payout reflects growth of 4.8% on FY24.
Arena shares were up 0.3% to $3.85 at 12:25pm AEST.
The context: In a market update, Arena said strong macroeconomic drivers continue to support the Australian childcare sector, while rising female workforce participation continues to drive demand for services and increases in long day care participation rates.
The company noted that its community-based healthcare and accommodation portfolios continue to perform in-line with its expectations.
The source: ASX