Australia's Arena REIT No 1 rises on sale of remaining Edge-operated learning centres

Arena REIT No 1

13/10/2026 03:40

** Shares of Arena REIT No 1 ARF.AX rise 2.8% to A$2.425, on track for best day since October 7, if gains hold
** ARF earlier rose as much as 4.5% 
** Real estate investment trust confirms sale of the remaining seven learning centres operated by its tenant Edge at ARF-owned properties
** Says Arena is currently undertaking due diligence on the proposed transactions and keeps deal value undisclosed
** In late August, Arena had informed that Edge had entered voluntary administration, raising concerns over Edge's lease of Arena-owned properties
** Stock down 31.9% YTD 




 (Reporting by Jasmeen Ara Shaikh in Bengaluru)
 ((Jasmeenaraislam.Shaikh@thomsonreuters.com;))