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21 August 17:52 AEDT, delayed by 20 mins.
Charter Hall Education Trust (ASX: CQE) right-arrow

Charter Hall Education Trust (ASX: CQE) is the largest Australian ASX listed real estate investment trust (A-REIT) that invests in social infrastructure properties.

Fund Snapshot

Properties
Properties
422
Portfolio Valuation
Portfolio Valuation
$1.2bn
Occupancy
Occupancy
100%
WALE
WALE
9.9 years

Overview

The Charter Hall Education Trust (ASX:CQE), is an ASX listed Real Estate Investment Trust (A-REIT) that is the largest Australian property trust investing in social infrastructure properties within Australia and New Zealand.

In November 2018, the Trust changed its name from the Folkestone Education Trust to Charter Hall Education Trust (ASX: CQE).

Download Fund Profile

 

Investment Objectives

  • CQE’s main objective is to provide secure long term cash-flows with minimal risk and the potential for capital growth to its investors
  • Provide access to sector specific real estate investment that invests in early learning property
  • Provide a stable, growing income stream supported by secure lease covenants
  • Provide geographical diversification through asset selection
  • Provide an attractive income yield with growing underlying property values

Features & Benefits

  • Growing early learning market that is backed by strong government support
  • Minimal CAPEX exposure, through predominantly triple net leases
  • Geographical diversification
  • Strong underlying land values
  • Pooled bank guarantees from tenants
  • Uncomplicated business and property platform

Strategy

Our strategy is to provide our investors with secure and growing long term income with the potential for capital growth.

ICONS - PROPERTY MANAGEMENT
Portfolio Management
  • Identify high success locations through proprietary modelling of demographic trends
  • Focus on sites within a ~20km radius of CBD and rapidly expanding growth areas
  • Focus on new developments which drive earnings growth, asset quality & development profits
  • Deliver quality centres with leading edge designs in high demand locations that childcare operators compete for
  • Our Development Management capability mitigates risk, increases quality of outcomes through greater control
ICONS - ASSET MANAGEMENT
Asset Management
  • Adherence to our best site,  best lease, best operator, criteria
  • Maintain key lease features:
    • long term commitments
    • triple net leases
    • annual escalations
    • provision of security
    • centre operating data
  • Pro-active management of existing properties including asset recycling to generate profit, minimise obsolescence and optimise quality
  • Zero incentives/high land value component
  • Our reputation as ‘Landlord of Choice’ for future opportunities
ICONS - INVESTMENT MANAGEMENT
Capital Management
  • Maintain strong capital position with a ‘through the property cycle’ approach
  • Maintain balance sheet flexibility to provide capacity to fund new opportunities
  • Diversification of maturity risk profile
  • Hedging strategy focussed on mitigating of interest rate risk through economic cycles
  • Manage costs effectively

Tour A Selection of Our Early Learning Centres

Balwyn North - Victoria

Northcote - Victoria

Hawthorn - Victoria

Camberwell - Victoria

East Brighton - Victoria

Highett - Victoria

Cheltenham - Victoria

Killarney Heights - New South Wales

Williams Landing - Victoria

South Morang - Victoria

Gledswood Hills - New South Wales

Board of Directors

Grant Hodgetts
Non-Executive Chairman
Victor Cottren
Non-Executive Director
Michael Johnstone
Non-Executive Director
Nick Anagnostou
Head of Social Infrastructure

Contacts

Lula Liossi
Investor Relations Manager
Charter Hall
Philip Cheetham
Head of Listed Investor Relations
Charter Hall
Angus Booth
Head of External Affairs and Communications
Charter Hall
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Corporate Governance

View Charter Hall's corporate governance containing arrangements in place for the Group.

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Sustainability

View Charter Hall's sustainability section containing arrangements in place for the Group.

Invest with us

We offer a range of investment options to a diverse range of investors.

Contact our team

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Important Information
This information has been prepared by Charter Hall Group (Charter Hall Limited) (ABN 57 113 531 150) and Charter Hall Social Infrastructure Limited (ABN 46 111338937; AFSL 281544) as the responsible entity for Charter Hall Property Trust (ARSN 113 339 147) (together, the Charter Hall Group or the Group). It is a summary and does not purport to be complete. It is not intended to be relied upon as advice to investors or potential investors and does not take into account the investment objectives, financial situation or needs of any particular investor. A reader should, before making any decisions in relation to their investment or potential investment in the Charter Hall Group, seek their own professional advice. This document is not an offer or invitation for subscription or purchase of securities or other financial products. Indications of, and guidance on, future earnings and financial position and performance are “forward-looking statements”. Due care and attention has been used in the preparation of any forward-looking statements. Such forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Group, that may cause actual results to differ materially from those expressed or implied in such statements. There can be no assurance that actual outcomes will not differ materially from these statements. Except as required by law, the Group does not undertake any obligation to publicly update or review any forward – looking statements, whether as a result of new information or future events. This material has been made available to the recipient for information purposes only. It is not intended to be, and does not constitute a Product Disclosure Statement (PDS), prospectus, short form prospectus or profile statement as those terms are defined in the Corporations Act. It does not constitute an offer for the issue, sale or purchase of any securities, or any recommendation in relation to investing in any asset. This document has been prepared without taking account of any particular investor’s objectives, financial situation or needs. Entities within the Charter Hall Group may receive fees for managing the assets of, and providing resources to each Fund. For more detail on fees, see the relevant PDS.