Back 30 Apr 2025

Elite UK REIT reports DPU of 0.76 pence for 1QFY2025, up 9.6% y-o-y ​  

Link: https://links.sgx.com/1.0.0/corporate-announcements/6FA8ID1CREB7L7J9/525cce3f690a6c6fa51ca1fbae9833c2fb9a57ee03a47f45f020d0899fff0bde

Summary: Elite UK REIT reported a 9.6% increase in DPU to 0.76 pence for 1QFY2025, driven by rental reversions, interest optimization, and tax savings. Revenue grew by 0.6% to GBP9.31 million, while net property income increased by 24.4% to GBP10.4 million. The REIT’s portfolio occupancy rose to 93.5% and is expected to improve further.