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Arena REIT (ASX:ARF) Other Noninterest Expense


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What is Arena REIT Other Noninterest Expense?

Other Noninterest Expense (Bank) only applys to banks.


Arena REIT (ASX:ARF) Business Description

Industry
Traded in Other Exchanges
N/A
Address
8 Exhibition Street, Level 32, Melbourne, VIC, AUS, 3000
Arena REIT is a childcare centre-focused real estate investment trust, or REIT, in Australia. The trust owns a portfolio of more than 230 long day care centres in Australia which provide preschool care for children aged from 0 to 5 years. Arena also owns 10 healthcare centres but childcare comprises majority of its portfolio based on property value. The Australian childcare and healthcare sectors both receive a significant amount of government funding which they expect to continue due to the essential nature of the services they provide.