ENTITY

Elite Commercial REIT (ELITE SP)

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Real Estate • Singapore

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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bearish•Elite Commercial REIT

•20 Jan 2020 15:48

Elite Commercial REIT IPO - Stable Rentals but Small and Old Assets

Elite Commercial REIT (ELITE SP) (ECR) plans to raise up to US$170m in its Singapore listing. The initial portfolio will comprise of 97 commercial...

Sumeet Singh

1k Views

bearish•Elite Commercial REIT

•10 Jan 2020 15:59

REIT Discover: Early Thoughts on Elite Commercial Reit IPO

Singapore media – The Business Times and The Edge, have reported that Elite Commercial Real Estate Investment Trust (“Elite CREIT”) plans to lodge...

Anni Kum

1.1k Views

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