The Charter Hall Social Infrastructure REIT (ASX: CQE) share price is in focus today after the group reported a 13.1% jump in operating earnings per unit to 17.3 cents and a portfolio value increase of 9.6% to $2.3 billion for the 2026 full year.
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What did Charter Hall Social Infrastructure REIT report?
- Operating earnings per unit (EPU) rose 13.1% to 17.3 cents
- Distributions per unit (DPU) up 11.8% to 17.0 cents
- Total net property income increased 10%, reaching $119.9 million
- Net tangible assets (NTA) per unit up 1.8% to $3.93
- Portfolio value grew 9.6% to $2.3 billion across 295 properties
- Acquired new assets including a 25% stake in Sonic Healthcare's Brisbane pathology lab and a 50% interest in Western Sydney University campus
What else do investors need to know?
Charter Hall Social Infrastructure REIT continued its strategy of portfolio curation, boosting sector diversification and strengthening tenant covenants. Income from non-early learning assets now makes up 39% of the portfolio, up from 31% last year.
The trust completed $291.9 million in new accretive acquisitions this year, including high-profile health and higher education assets, and divested $136.7 million in early learning centres—often at a premium to book value. Overall occupancy remains high at 99.7% with a weighted average lease expiry (WALE) of 11.4 years.
The group also achieved strong like-for-like rent growth of 3.8% and delivered a 6.4% uplift on 91 completed market rent reviews.
What's next for Charter Hall Social Infrastructure REIT?
Looking ahead, CQE is guiding to no less than 18.1 cents operating earnings per unit and a distribution of 18.0 cents per unit in FY27—representing 4.6% and 5.9% growth, respectively.
Management highlighted ongoing demand for social infrastructure from strong industry and demographic trends. The trust will continue active asset management and seek further growth opportunities through enhancing portfolio quality and maintaining prudent capital management.
Charter Hall Social Infrastructure REIT share price snapshot
Over the past 12 months, the Charter Hall Social Infrastructure REIT share price has underperformed the S&P/ASX 200 Index (ASX: XJO) with a decline of 14%.
