Charter Hall Social Infrastructure Largely Unaffected by G8 Education's Struggles

Charter Hall Social Infrastructure REIT is a reincarnation of Folkestone Education Trust, following Charter Hall Group’s acquisition of Folkestone, a smaller property fund manager, in 2019. From a pure play childcare property trust, Charter Hall Social has expanded into other social infrastructure sectors, such as higher education, healthcare, transport, and government services. This strategic movement diversifies Charter Hall Social’s income streams. As of Dec. 31, 2025, around 65% of earnings were generated from childcare, versus 85% in June 2022. Portfolio diversification is likely to be an ongoing strategy. We expect the weighting of childcare to continue declining to about half of the property portfolio over the next decade.