Childcare centre owner Folkestone Education Trust expects to lift distributions by 6 per cent over the coming year as it rides through a period of change in the early learning sector.
The $680 million listed property trust, part of the Folkestone stable of property funds, posted a 10.8 per cent increase in its distributable income for the 2018 financial year.
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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
