Childcare landlord Arena is a takeover target: Macquarie
Nick LenaghanProperty editor
Updated
Childcare landlord Arena REIT is shaping as a potential takeover target, softened up by recent weaker sentiment in the sector.
Analysts at Macquarie - who have an outperform on the stock - have nominated powerful funds manager Charter Hall as a likely suitor in the event of any corporate action emerging around the $600 million property trust.
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Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com
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