Arena REIT has struck an optimistic note on its prospects in the near future, given the record female workforce participation rate and increased demand for healthcare facilities across Australia.
This optimism is underpinned by the REIT’s recently-disclosed projected portfolio uplift, which is estimated to come in at approximately AUD19 million for the six-month period ending 31 December 2022.
The projected uplift represents an increase of 1.3% from the value as at 30 June 2022 and translates to a AUD0.055 increase in net asset value (NAV) per unit of the REIT.
Arena REIT is an Australian Securities Exchange (ASX)-listed REIT with a portfolio of 263 social infrastructure properties across the country.
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