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30 Apr 2025
Elite UK REIT reports DPU of 0.76 pence for 1QFY2025, up 9.6% y-o-y
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.