News about Elite UK REIT —
Elite UK Reit sells four Wales properties for US$8 million
The manager of Elite UK real estate investment trust (Reit) on Friday (Jul 3) announced the divestment of four properties located in Wales for a total sale consideration of £6 million (US$8 million)....read more on The Business Times
The properties were sold to an unrelated third-party purchaser through the Reit’s wholly owned subsidiaries, Elite Gemstones Properties and Elite Amphora.
The divested portfolio consists of assets located at High Street, Swansea; Windsor Road, Neath; Oldway House, Swansea; and Station Road, Port Talbot.