Beyond survival: Elite UK Reit plots next phase of growth
After stabilising the trust, CEO Joshua Liaw looks to more asset repositioning, active portfolio management
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[LONDON] Since taking over as CEO of Elite UK Reit’s manager in 2023, Joshua Liaw has helped steer the once-troubled trust out of crisis, stabilising its balance sheet while laying the groundwork for its next phase of growth.
“When I first joined three years ago, the Reit (real estate investment trust) was quite frankly distressed,” Liaw said during a media visit to its properties last week.
The Reit was grappling with gearing of 47.5 per cent – just shy of the 50 per cent regulatory limit – alongside refinancing concerns and vacancies across several assets.
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