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May 16, 2024 · Elite Commercial REIT is a Singapore real estate investment trust (REIT) established with the investment strategy of principally investing, directly or indirectly, in commercial assets and real estate-related assets in the United Kingdom.
May 16, 2024 · The manager of Elite UK REIT — formerly known as Elite Commercial REIT — is future-proofing the UK-focused REIT with an expanded investment mandate, say CGS International (CGSI) analysts Lock Mun Yee and Natalie Ong.
Elite Commercial REIT is the only UK-focused Singapore real estate investment trust (REIT). It is a Singapore REIT established with the investment strategy of principally investing, directly or indirectly, in commercial assets and real estate-related assets in the United Kingdom (UK).
Jan 30, 2020 · As the first British Pound-denominated REIT to be listed in Singapore, Elite Commercial REIT will whet the appetite of Singapore investors, with 99.0% of its properties leased to the UK government, a total occupancy rate of 100% and a 7.1% distribution yield.
Jan 20, 2020 · With this offer price, Elite Commercial Reit's proposed Singapore initial public offering (IPO) will raise around £119.5 million (S$209.3 million) to £131.2 million (S$229.7 million), based...
The Only Singapore-Listed UK REIT. Over 99.0% leased to the UK Government, providing attractive and recession-proof yields. Elite UK REIT is a Singapore real estate investment trust established with the investment strategy of principally investing, directly or indirectly, in real estate and real estate-related assets in the United Kingdom (“UK”).
Construction Group Berhad and Sunway REIT. Elite Commercial REIT is able to leverage on the Sponsors extensive real estate expertise, financial strength and strong sourcing capabilities in the UK. Each Sponsor has provided Elite Commercial REIT with a right of first refusal over all future UK commercial assets. Demonstrated Support from Sponsors
Sep 14, 2023 · The manager of Asia’s only UK REIT — Elite Commercial REIT (Elite REIT) — recently underwent leadership renewal with CEO Joshua Liaw, who was appointed earlier this year. Liaw’s first 100 days as CEO of Elite REIT’s manager have been “very exciting”, he tells The Edge Singapore.
Successfully executed lease term extensions or lease break removal, as well as rental escalations for 139 assets in 2023. Elite REIT has started early dialogue with the tenants, with the objectives of extending and diversifying leases ending in 2028.
Elite Commercial Reit will expand its investment strategy to include other asset classes in the UK, particularly assets in the living sector. The move will turn Elite Reit into a UK pure-play real estate investment trust (Reit), as it will delineate a clear geographic boundary in terms of operations, its manager said on Monday (Apr 15).
