August 2019
After the glut, childcare landlord to diversify
Social infrastructure has many similar attributes to childcare including long-term leases and potential for land value growth, says Nick Anagnostou.
- Larry Schlesinger
August 2018
Childcare oversupply driven by new subsidy but the see-saw is set to balance
Three years ago parents were being urged to pick up a childcare enrolment form when a baby was on the way but the scales have now tipped the other way.
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- Simon Evans
Folkestone Education Trust flags 6pc dividend lift from childcare portfolio
Childcare centre owner Folkestone Education Trust forecasts a 6 per cent rise in distributions in the coming year as funding changes hit the sector.
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- Nick Lenaghan
April 2018
Folkestone trust pays $63m for nine Brisbane childcare centres
The ASX-listed Folkestone Education Trust has swooped on a portfolio of nine Brisbane childcare centres in a $63.2 million deal with private operator Avenues Childcare.
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- Larry Schlesinger
February 2017
FET turns to prefab to meet childcare demand
The Folkestone Education Trust grew distributable income by 10.6 per cent and re-affirmed its full-year distribution guidance of 14.2¢ per unit.
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- Larry Schlesinger
December 2016
Little people, big data: why childcare landlords are chasing algorithms too
Childcare property landlords are turning to big data in a high-tech quest to forecast demand and supply.
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- Nick Lenaghan
September 2016
Trying to find value when valuation measures don't work
Low bond yields have been providing an artificial boost to cash flow-based valuations for years.
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- Philip Baker
August 2016
The highs and lows of REIT reporting: UBS Asset Management
The Real Estate Investment Trust sector reported "strong" half and full year results, according to UBS Asset Management.
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- Robert Harley
July 2016
REITs rip for investors on certain income and solid yield
Australian Real Estate Investment Trusts delivered a total 12-month return of over 22 per cent in 2015-16.
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- Robert Harley and Nick Lenaghan
August 2015
FET shrugs off volatility as it builds childcare centre pipeline
The securities of Australia's biggest listed childcare centre owner, Folkestone Education Trust, rebounded on Tuesday after the trust reported a strong set of full-year results and revealed that it had acquired a 4.5 per cent stake in rival childcare landlord Arena REIT.
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- Larry Schlesinger
A-REITs proved a bit more resilient - but only a bit
Real Estate Investment Trusts proved a little more resilient than the broader market in Monday's rout – but not by much.
- Robert Harley
February 2015
Folkestone Education Trust raised to ‘buy’
Canaccord Genuity upgraded Folkestone Education Trust to a “buy” from a “hold” and raised the target price to $2.43 from $2.13.
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- Elise Shaw
December 2014
Ingenia Communities Group tops BDO trust performance survey
Specialist property vehicles, with portfolios based in pubs, healthcare, senior living and childcare, are among the top performers in the listed trust sector.
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- Nick Lenaghan
Arena REIT votes to internalise management
Investors in Arena REIT have voted overwhelmingly in favour of a proposal for the childcare property trust to take its management in-house.
- Nick Lenaghan
November 2014
Folkestone calling for bids for $42m raising
Real estate investment group Folkestone Limited is calling for institutional bids by 10am AEDT on Tuesday for a $42 million capital raising.
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- Sarah Thompson, Anthony Macdonald and Jake Mitchell
Rich pickings but filter your company selection to criteria
Every portfolio should include shares, about that there is little doubt, but the process of selecting stocks is often overlooked. The investment media will quote analysts and brokers, but it’s not unusual to hear widely disparate views on the same company.
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- Trevor Hoey
Folkestone to merge childcare trusts, bulk up for fight
Fund manager Folkestone has proposed merging its two listed childcare trusts, the $385 million Folkestone Education Trust and the $77 million Folkestone Social Infrastructure Fund.
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- Larry Schlesinger
Childcare spat the first salvo in long fight
A skirmish for control between childcare property trusts Arena REIT and Folkestone Education Trust may be the first salvo in a longer campaign for consolidation in a boutique but growing asset class.
- Nick Lenaghan
Probuild wins tower
Melbourne-based Forza Capital has paid $9.6 million for an office building in Brisbane leased by the China Construction Bank.
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August 2014
Folkestone trusts to grow portfolios
Fund manager Folkestone’s two listed property trusts delivered strong earnings growth for securityholders over the past financial year. Both flagged further acquisitions.
- Larry Schlesinger