Register For Our Mailing List

Register to receive our free weekly newsletter including editorials.

Register

1 January 2026

Home / Noticeboard 2022

Charter Hall

  •   14 July 2022
  •      
  •   

CQE acquires $40 million of education and healthcare properties

14 July 2022 - Charter Hall Social Infrastructure REIT (ASX:CQE) today announces the acquisition of a 50% interest in two newly constructed properties, being a TAFE campus and a specialist emergency medical facility (Properties) located in Robina, Queensland for $40 million which reflects a passing yield of 4.4%. The Properties have been acquired in conjunction with the Charter Hall Direct Long WALE Fund which acquired the other 50% interest.

The Properties are situated in the heart of Robina’s growing corporate, medical and educational precinct, being 80 metres from Robina’s train and bus interchange and 300 metres from the Robina public and private hospitals.

The Properties are underpinned by long term leases to TAFE Queensland (a State-Government owned not for profit vocational education provider) and Wise Medical. Both properties have 10-year lease terms with average fixed annual rental increases of 3.2%.  Settlement is expected to occur in September 2022.

This transaction was completed with the developer, Alceon Qld. Alceon and Charter Hall will continue to work together on the delivery of additional social infrastructure properties.  The transaction was undertaken off-market.

Leading the way as a sustainable vocational institution in Australia, the TAFE Queensland Robina campus will ensure that sustainability is embedded into every aspect of campus operations, including campus design, course curriculum and student life. Students will be able to practice their skills in the live training facilities on campus, with an operational conference and banquet centre, specialised early childhood educator training facility, fully equipped health and fitness centre and lecture theatre. The building was recently awarded Silver in the Construction Category at the World Federation of Colleges and Polytechnics World Congress in San Sebastian, Spain.

Robina will be Wise Medical’s second clinic (the first in Macquarie Park, NSW). These clinics were established to provide a greater choice for patients on how they access emergency medical treatment, without the patient having to visit a hospital. The medical asset will comprise of specialised emergency medical and dental facilities, incorporating consulting and treatment rooms, 9-bed ward, CT Scanning, X-ray and ultrasound facilities, ambulance bay and ancillary office, reception, and staff breakout areas.

Travis Butcher, Fund Manager of CQE said: “Consistent with CQE’s strategy of investing in diversified social infrastructure assets with long lease terms and strong tenant covenants, we’re pleased to add high quality education and healthcare properties to the portfolio.  These acquisitions demonstrate the benefits of a broadened strategy which provides CQE with greater opportunities for investment in premium assets with strong property fundamentals.”

See full media release

  •   14 July 2022
  •      
  •   
Firstlinks is sponsored by:
banner

Most viewed in recent weeks

Australia's retirement system works brilliantly for some - but not all

The superannuation system has succeeded brilliantly at what it was designed to do: accumulate wealth during working lives. The next challenge is meeting members’ diverse needs in retirement. 

Australian stocks will crush housing over the next decade, 2025 edition

Two years ago, I wrote an article suggesting that the odds favoured ASX shares easily outperforming residential property over the next decade. Here’s an update on where things stand today.

The 3 biggest residential property myths

I am a professional real estate investor who hears a lot of opinions rather than facts from so-called experts on the topic of property. Here are the largest myths when it comes to Australia’s biggest asset class.

AFIC on the speculative ASX boom, opportunities, and LIC discounts

In an interview with Firstlinks, CEO Mark Freeman discusses how speculative ASX stocks have crushed blue chips this year, companies he likes now, and why he’s confident AFIC’s NTA discount will close.

Where to hide in the ‘everything bubble’

It might not be quite an ‘everything bubble’ but there’s froth in many assets, not just US stocks, right now. It might be time to stress test your portfolio and consider assets that could offer you shelter if trouble is coming.

Property versus shares - a practical guide for investors

I’ve been comparing property and shares for decades and while both have their place, the differences are stark. When tax, costs, and liquidity are weighed, property looks less compelling than its reputation suggests.

Latest Updates

Economy

Get set for a bumpy 2026

At this time last year, I forecast that 2025 would likely be a positive year given strong economic prospects and disinflation. The outlook for this year is less clear cut and here is what investors should do.

Investment strategies

History says US market outperformance versus Australia will turn

Much has been made of how US markets, especially the NASDAQ, have significantly outperformed the ASX over the past two decades. History suggests the pendulum will swing back once again in Australia's favour.

Investment strategies

Announcing the X-Factor for 2025

What is the X-Factor - the largely unexpected influence that wasn’t thought about when the year began but came from left field to have powerful effects on investment returns - for 2025? It's time to select the winner.

Economy

The illusion of progress

What is progress? Is it GDP growth? Increasing wealth? New and improving technology? This argues that our measure of progress has become warped, and we're heading backwards rather than forwards.

Strategy

Our favourite summer reads

Summer is a great time to catch up on a good book. Here is a list of books on leadership, investing, and well-being for those looking to learn, reflect, and gain inspiration over the holiday season.

Sponsors

Alliances

Site Map

About Firstlinks

© 2026 Morningstar, Inc. All rights reserved.

Disclaimer
The data, research and opinions provided here are for information purposes; are not an offer to buy or sell a security; and are not warranted to be correct, complete or accurate. Morningstar, its affiliates, and third-party content providers are not responsible for any investment decisions, damages or losses resulting from, or related to, the data and analyses or their use. To the extent any content is general advice, it has been prepared for clients of Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892), without reference to your financial objectives, situation or needs. For more information refer to our Financial Services Guide. You should consider the advice in light of these matters and if applicable, the relevant Product Disclosure Statement before making any decision to invest. Past performance does not necessarily indicate a financial product’s future performance. To obtain advice tailored to your situation, contact a professional financial adviser. Articles are current as at date of publication.
This website contains information and opinions provided by third parties. Inclusion of this information does not necessarily represent Morningstar’s positions, strategies or opinions and should not be considered an endorsement by Morningstar.