Arena REIT announces intention to raise $60m as it positions for post COVID-19 growth

Arena REIT Group has confirmed that it is seeking to raise $60 million by way of an institutional placement of $50 million and a security purchase plan (SPP) for retail investors of $10 million at a price of A$2.28 per unit, with the proceeds expected to fund further social infrastructure investments, including in the early education and disability care spaces.

1 month

by Jason Roberts

Evolve Education raises FY2020 guidance as benefits of restructuring flow through, but remains silent on FY2021

Evolve Education Group have increased their profit guidance for the financial year ended 31 March 2020 to between $7.8 million and $8.2 million, up from the $6.0 million to $6.5 million forecast on 28 November 2019, and subsequently withdrawn on 24 March 2020 as benefits from an extensive restructuring program flow through the business.

2 months

by Jason Roberts

G8 updates on dividend and cash position in wake of latest Govt support package

G8 Education has confirmed that it will defer the payment of its final dividend as it seeks to manage and maintain liquidity in response to the uncertainty created by the COVID-19 outbreak and its implications for operating conditions going forward.

3 months

by Jason Roberts

Arena REIT confirms boost of ECEC centre development pipeline in Half Year results

Arena REIT has more than doubled their early childhood education and care (ECEC) development pipeline with the settlement of nine new sites in the period and the contracting of two more sites (that have not yet settled) taking the pipeline to 16 sites in total, a level not seen for a number of years at their half year results.

5 months

by Jason Roberts

Minderoo Foundation launches 2019 Annual Report highlighting CoLI work in ECEC

The Minderoo Foundation has launched its 2019 Annual Report, highlighting “a year of remarkable achievements,” including the collaboration between Minderoo, CoLab, the Early Intervention Foundation, the Front Project and Woodside Energy, to produce The Cost of Late Intervention (CoLI) report.

7 months

by Freya Lucas

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