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ARF — Arena REIT No 1 News Story

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Australia's Arena Reit gains on sale of Edge-operated learning centres

BUZZ-Australia's Arena Reit gains on sale of Edge-operated learning centres

** Shares of Arena Reit ARF.AX rise as much as 1.2% to A$2.5, their highest since October 8

** On track to gain nearly 5% on the week

** On Tuesday, real estate investment trust said the Administrator of Edge Early Learning entered agreements with six separate parties for the sale of a further 22 early learning centre businesses

** Deal includes the remaining seven early learning centre businesses operated by Edge at Arena owned properties

** Down 31% YTD


(Reporting by Anjali Singh in Bengaluru)

((anjali.singh2@thomsonreuters.com;))

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