Elite Commercial Reit

Elite Commercial REIT is a Singapore real estate investment trust established with the investment strategy of principally investing, directly or indirectly, in commercial assets and real estate-related assets in the United Kingdom.

Elite UK REIT inks £135m refinancing deal

Proceeds will go to refinance existing loan facilities.

Elite UK REIT inks £135m refinancing deal

Proceeds will go to refinance existing loan facilities.

Elite REIT expands into UK living sector assets

The REIT will also change its name in due course as part of its expansion.

Elite REIT bags £135m debt facilities

The REIT will use the fund to refinance its existing loan facilities.

DPU of Elite Commercial REIT drops 28.9% YoY to £0.0342 in FY23

The REIT recorded a lower DPU despite a higher net property income.

Elite REIT launches £28m fully underwritten preferential offering

The REIT aims to use gross proceeds from the offering to repay debts.

Elite REIT names new CFO

He will succeed Joel Cheah Zhuo Yue who resigned as CFO to pursue other opportunities.

Elite Commercial REIT posts 20.4% YoY higher net property income in 9M23

Despite higher NPI, the REIT’s available DPU fell 25.6% YoY in the same period.

Elite Commercial REIT’s distributable income drops 26.1% YoY to $7.5m in 1Q23

The REIT attributed the decline to increased borrowing costs amongst others.

Elite Commercial REIT extends lease of 8 assets in the UK

The eight properties are owned by the Department for Work and Pensions.

Elite Commercial REIT invests $22.7m to improve UK-occupied assets

The asset enhancement works will take about three years.

Elite Commercial REIT hits 22.3% DPU growth

It has outperformed IPO projections for eight consecutive quarters.