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Elite Commercial Reit to buy 58 UK properties for £212.5m from sponsor

A third of the properties are in London, increasing the trust's overall exposure in the capital to 14 per cent

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

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The 58 properties have a total net lettable area of 1.3 million square feet, and include Great Western House in Birkenhead, and a building in Newport Road, Cardiff.

Singapore

ELITE Commercial Reit has proposed to buy 58 commercial buildings located across the UK for £212.5 million (S$372.9 million), in its first acquisition since its initial public offering (IPO) this February.

These assets are almost entirely leased to the UK government via...

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