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Childcare centre landlord prospers despite pandemic

Nick Lenaghan
Nick LenaghanProperty editor

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Childcare centre landlord Arena REIT has weathered the challenges of the pandemic to deliver a 4 per cent increase in distributions for its 2020 fiscal year, after the federal government stepped in to support the sector.

Managing director Rob de Vos noted the "strong government response" as the coronavirus-caused shutdowns hit the sector nationally, and with a fresh lockdown introduced in Victoria to combat a second wave of the virus.

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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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    Original URL: https://www.afr.com/property/commercial/childcare-centre-landlord-prospers-despite-pandemic-20200813-p55lbl