The Business Times

Elite Commercial Reit

Companies & Markets
TOPLINE

Elite UK Reit expands into the ‘living sector’, but still plays it safe

Funds from the facilities will be used to refinance the Reit’s existing loans.
Companies & Markets

Elite UK Reit unit inks £135 million facilities agreement

One of Elite Commercial Reit's properties in Cardiff, Wales. The Reit's Q1 DPU is down on an enlarged equity base, among other factors.
Companies & Markets

Elite Commercial Reit’s Q1 DPU down 21.2% to £0.0067

The move will turn Elite Commercial Reit into a UK pure-play real estate investment trust.
Companies & Markets

Elite Commercial Reit expands investment strategy to other UK real estate asset classes

The new funds will be used to refinance the Reit's existing loan facilities, says the manager.
Companies & Markets

Elite Commercial Reit secures £135 million debt facilities

The drop in DPU is mainly due to a marginally enlarged unit base and lower distribution payout ratio of 90 per cent versus 100 per cent in the same period last year amid macroeconomic uncertainty.
Companies & Markets

Brokers’ take: Analysts cut Elite Commercial Reit targets after factoring in vacancies, lower payout ratio

Revenue and net property income are higher year on year.
Companies & Markets

Elite Commercial Reit posts 40.9% drop in H2 DPU to 1.33 pence

The number of valid acceptances account for 63.3 million of the total preferential offering units offered.
Companies & Markets

Elite Commercial Reit’s preferential offering closes with 61.3% valid acceptances

Great Western House, Birkenhead. The 58 properties have a total net lettable area of 1.3 million square feet, and include Great Western House in Birkenhead (pictured), and a building in Newport Road,
Companies & Markets

Elite Commercial Reit launches fully underwritten preferential offering at £0.27 apiece

Great Western House, Birkenhead, one of the properties in Elite Commercial Reit's portfolio. The overall portfolio's valuation as at Dec 1, 2023 stands at £412.5 million.
Companies & Markets

Elite Commercial Reit’s portfolio valuation falls 9.5% to £412.5 million; gearing climbs to 49.6%

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More