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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

Ry-Anne Lim
Published Tue, May 19, 2026 · 12:46 PM
    • Joshua Liaw, CEO of Elite UK Reit's manager, points to capital management and portfolio reconstitution as priorities.
    • A traditional job centre in Ealing, London. The four-storey building sees up to 1,000 people a day.
    • Joshua Liaw, CEO of Elite UK Reit's manager, points to capital management and portfolio reconstitution as priorities. PHOTO: YEN MENG JIIN, BT
    • A traditional job centre in Ealing, London. The four-storey building sees up to 1,000 people a day. PHOTO: RY-ANNE LIM, BT

    [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.