Elite UK REIT Applies to Develop Datacentre Campus

News about Elite UK REIT

Elite UK REIT submitted a planning application for a new data centre campus in Blackpool (UK):

The proposed campus will be built on a site located on 15.65 hectares (ha) of freehold land, of which existing buildings sit on a land area of about 3.95 ha. It will benefit from a nearby transatlantic subsea Internet cable linking Blackpool with North America and Europe. The site is also located less than 5 km to the town centre.

Elite UK REIT
Price0.290 GBP
NAV0.390 GBP
Yield (4 quarters)9.41%
Gearing45.1%