ENTITY
Elite Commercial REIT

Elite Commercial REIT (ELITE SP)

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Analysis
Real EstateSingapore
Elite Commercial REIT (“Elite REIT”) is a Singapore real estate investment trust established with the investment strategy of principally investing, directly or indirectly, in commercial real-estate related assets in the United Kingdom (“UK”). Elite REIT is the only UK REIT listed in Pound sterling on the Singapore Exchange. Elite REIT’s portfolio (“Portfolio”) comprises predominantly freehold properties strategically located mainly in town centres, and near amenities and transportation nodes. The Portfolio offers a stable government-backed income stream with over 99% of the gross rental income derived from the UK Government, backed by AA-rated sovereign credit strength. The leases are on triple net basis(1) and Elite REIT is one of the largest provider of critical social infrastructure to the Department for Work & Pensions (“DWP”) and other UK Government departments. The DWP is the UK’s largest public service department that is responsible for welfare, pensions and child maintenance, serving over 20 million claimants. The Portfolio is part of the crucial social infrastructure through which the DWP provides services to local communities. Note: 1. Known as a full repairing and insuring lease, the responsibility for the repair of the external and internal parts as well as the structure of the property is placed with the tenant for occupied assets.
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23 Apr 2024 10:50Exchange-sponsored

Elite Commercial REIT: Essential Assets at an Attractive Yield

In Smartkarma Corporate Webinar | Elite Commercial REIT: Essential Assets at an Attractive Yield we conducted a fireside chat with Elite Commercial...

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10 Apr 2024 23:40

Smartkarma Corporate Webinar | Elite Commercial REIT: Essential Assets at an Attractive Yield

For our next Corporate Webinar, under the theme of People, Places, and Property, we are glad to welcome Elite Commercial REIT’s Chief Executive...

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13 Feb 2024 10:00Exchange-sponsored

REIT Watch - S-Reits actively enhance funding measures

REIT Watch - S-Reits actively enhance funding measures Since start of 2024, at least eight S-Reits and property trusts have announced plans to tap...

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05 Aug 2022 09:37Broker

ASEAN Builder's Scoop (5Aug22) - FLT Robust Reversions +ve Surprise

ELITE higher mid-year portfolio valuation; AREIT buys Philips APAC Centre at +0.3% DPU accretion; BSDE 1H22 mktg sales reached 61% FY target; FLI...

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30 May 2022 00:00Exchange-sponsored

REIT Watch - Signs of an inflection point for S-Reits with Europe, US office assets

Data for office markets in Europe and the United States (US) are indicating potential signs of recovery. European office occupier activity...

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