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Arena REIT No 1’s (ASX:ARF) FY23

The team at Stock Doctor initiated coverage of ARF as a Star Income Stock in 2017 at a share price of $2.18. With a forward yield of ~4.6%, the shares don’t look obviously cheap, but we feel that this is a fair price to pay given the long runway of rental growth ahead.

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Arena REIT No 1’s (ASX:ARF) FY23

The team at Stock Doctor initiated coverage of ARF as a Star Income Stock in 2017 at a share price of $2.18. With a forward yield of ~4.6%, the shares don’t look obviously cheap, but we feel that this is a fair price to pay given the long runway of rental growth ahead.

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