yes, its a solid growing low risk yield. childcare will always be required essential for decades to come. growth is always atleast 5% per annum, low tenant risk(a lot of not for profits which are defensible compared to say a G8) which justifies the premium valuation relative to other office or industrial based REITs.
think of it like a government style annuity bond, those are usually around 1-2% per annum. this is atleast 4.5% per annum.
News: CQE Charter Hall Education Trust Posts FY Profit From Ordinary Activities After Tax $68.7 Mln, page-7
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Last
$2.50 |
Change
0.025(1.01%) |
Mkt cap ! $928.3M | |||
| Open | High | Low | Value | Volume |
| $2.49 | $2.50 | $2.48 | $196.9K | 79.19K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 5639 | $2.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.50 | 5051 | 12 |
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| Last trade - 12.35pm 29/07/2024 (20 minute delay) ? |
| CQE (ASX) Chart |