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Property Stocks Down Under 22 June 2022: Charter Hall Social Infrastructure REIT (ASX:CQE)
Charter Hall Social Infrastructure REIT: One for the long term, but maybe not the short term
Australian REIT investors haven’t been very spoiled for choice, with little choice beyond office, retail, residential and industrial property trusts. Charter Hall Social Infrastructure REIT (ASX: CQE) is one of the few niche REITs, offering exposure to social infrastructure. Social infrastructure refers to properties that enable social and community services, with prominent examples including childcare centres, university buildings, police stations and court houses. The REIT more than halved during the Corona Crash and still hasn’t fully recovered despite solid financial results achieved since the onset of the pandemic.
Click here to read the previous edition of Emerging Stocks Down Under published 15 June 2022.