Australia's Arena Reit rises, Morningstar maintains fair value estimate

Arena REIT No 1

14/10/2026 02:00

Updates
** Arena Reit No 1 ARF.AX rises as much as 1.5% to A$2.435
** Analysts at Morningstar keep fair value estimate on ARF at A$3.5 per security
** Morningstar says Arena's tenant Edge confirming sales of learning centres helps resolve a potential crisis
** Morningstar believes the 27 centres owned by Arena and occupied by Edge should find new operators within FY27, raises FY27 occupancy forecast by 4% to 99% 
** Research investment firm assigns Arena an "Uncertainty Rating" of medium, calling its income as relatively predictable, given long leases from tenants in childcare and healthcare
** Five of nine analysts rate ARF "buy" or higher, three "hold" and one "sell"; their median PT is A$2.65, according to data compiled by LSEG
** ARF down 31.9% YTD, including the session's moves

 (Reporting by Rudrannsh Mehra and Paridhi Minda in Bengaluru)
 ((Rudrannsh.Mehra@thomsonreuters.com
Paridhi.minda@thomsonreuters.com))