Arena REIT
Melbourne, Australia| Invested through |
|
|---|---|
| Asset Classes | Listed equity |
| Impact strategy | Impact Equities and Bonds |
| ISIN code | AU000000ARF6 |
| Industry group | Real Estate Management & Development |
| Aligned with SDGs |
Arena REIT is an internally managed Australian Real Estate Investment Trust listed on the ASX200. It is a real estate developer, owner and manager of a diverse portfolio of social infrastructure properties. Their properties are used by governments, not-for-profit organizations and corporations to deliver essential services to the community. It has over 270 social infrastructure properties across all Australian states covering three sectors: early learning centres, multi-disciplinary medical centres and specialist disability accommodations.
Investment rationale
It has proven to be beneficial for all children to have access to quality early childhood development and education. High quality early learning benefits children in many ways: it cultivates cognitive and social-emotional skills, learning skills, while preschool attendance also benefits elementary school results and is especially valuable for children from disadvantaged backgrounds. Access to early childcare also promotes gender equality as this enables higher workforce participation of females.
Arena REIT has over 270 social infrastructure properties. The majority of its properties are Early Learning Centre (ELC) properties, where three- and four-year-olds can enjoy play-based educational programs both indoor and outdoor. The remaining properties are health-care related: multi-disciplinary medical centres and specialist disability accommodations.
Alignment with Triodos Transitions:
92% of the revenues of the company is aligned with the Wellbeing Transition. The contribution to the Wellbeing Transition comes from 92% of revenues related to the impact objective Education, and 7% of revenues related to the impact objective Health Care.