Register For Our Mailing List

Register to receive our free weekly newsletter including editorials.

Register

22 October 2025

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

Retirement income expectations hit new highs

Younger Australians think they’ll need $100k a year in retirement - nearly double what current retirees spend. Expectations are rising fast, but are they realistic or just another case of lifestyle inflation?

Four best-ever charts for every adviser and investor

In any year since 1875, if you'd invested in the ASX, turned away and come back eight years later, your average return would be 120% with no negative periods. It's just one of the must-have stats that all investors should know.

Why super returns may be heading lower

Five mega trends point to risks of a more inflation prone and lower growth environment. This, along with rich market valuations, should constrain medium term superannuation returns to around 5% per annum.

The hidden property empire of Australia’s politicians

With rising home prices and falling affordability, political leaders preach reform. But asset disclosures show many are heavily invested in property - raising doubts about whose interests housing policy really protects.

Preparing for aged care

Whether for yourself or a family member, it’s never too early to start thinking about aged care. This looks at the best ways to plan ahead, as well as the changes coming to aged care from November 1 this year.

Our experts on Jim Chalmers' super tax backdown

Labor has caved to pressure on key parts of the Division 296 tax, though also added some important nuances. Here are six experts’ views on the changes and what they mean for you.        

Latest Updates

Shares

Four best-ever charts for every adviser and investor

In any year since 1875, if you'd invested in the ASX, turned away and come back eight years later, your average return would be 120% with no negative periods. It's just one of the must-have stats that all investors should know.

Our experts on Jim Chalmers' super tax backdown

Labor has caved to pressure on key parts of the Division 296 tax, though also added some important nuances. Here are six experts’ views on the changes and what they mean for you.        

Superannuation

When you can withdraw your super

You can’t freely withdraw your super before 65. You need to meet certain legal conditions tied to your age, whether you’ve retired, or if you're using a transition to retirement option. 

Retirement

A national guide to concession entitlements

Navigating retirement concessions is unnecessarily complex. This outlines a new project to help older Australians find what they’re entitled to - quickly, clearly, and with less stress. 

Property

The psychology of REIT investing

Market shocks and rallies test every investor’s resolve. This explores practical strategies to stay grounded - resisting panic in downturns and FOMO in booms - while focusing on long-term returns. 

Fixed interest

Bonds are copping a bad rap

Bonds have had a tough few years and many investors are turning to other assets to diversify their portfolios. However, bonds can still play a valuable role as a source of income and risk mitigation.

Strategy

Is it time to fire the consultants?

The NSW government is cutting the use of consultants. Universities have also been criticized for relying on consultants as cover for restructuring plans. But are consultants really the problem they're made out to be?

Sponsors

Alliances

Site Map

About Firstlinks

© 2025 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.