BUZZ-Morningstar backs Australia's Charter Hall Social Infrastructure higher annual outlook

Reuters
Feb 05
BUZZ-Morningstar backs Australia's <a href="https://laohu8.com/S/CTOUF">Charter Hall</a> Social Infrastructure higher annual outlook

** Morningstar strikes an upbeat tone on Charter Hall Social Infrastructure REIT’s CQE.AX full‑year outlook after the trust lifted its guidance

** Co on Wednesday said it expects FY26 operating earnings of at least 17.2 cents per unit, implying at least 12.4% growth on FY25, and lifted its FY26 distribution outlook to 17 cents per unit, up from the prior 16.8 cents

** Morningstar says the uplift in guidance is chiefly acquisition‑driven, with the trust offloading lower‑yielding childcare assets and recycling capital into higher‑yield social infrastructure properties

** Adds that diversifying beyond childcare assets is prudent, though it sees upside opportunities as present but somewhat limited

** Stock down 7.1% YTD as of last close

(Reporting by Kumar Tanishk in Bengaluru)

((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk))

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