• 3 developments were completed, with a completion value of $15.0 million and an average development margin of 26.8 per cent;
  • 4 existing assets were sold for a total of $4.1 million, a 5.9 per cent premium to carrying values1;
  • Acquisition of 7 development sites and 1 existing childcare centre for a total completion value of $52.1 million; and
  • CQE’s development pipeline remained constant at 27 sites, with an approximate completion value of $167.4 million.

1 Carrying value at contract date.

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