Elite UK Reit to divest office building Hilden House for £3.3 million

News about Elite UK REIT
Elite UK Real Estate Investment Trust (Reit) has entered a contract to divest Hilden House, an office building in Warrington, England, for a sale consideration of £3.3 million (S$5.6 million).

This represents a 6 per cent premium above the property’s valuation of £3.1 million as at Jun 30, 2024, based on an independent valuation conducted by property player CBRE.
...read more on The Business Times
Elite UK REIT
Price0.355 GBP
NAV0.390 GBP
Yield (4 quarters)8.48%
Gearing42.5%