Even as the UK prepares for a deep recession amid the COVID-19 pandemic, Elite Commercial REIT expects an increase in demand for spaces at its properties across the country.
This appears to be in sharp contrast to other REITs in the office spaces market, which is bracing for a possible fallout from increasingly prevalent work-from-home trends, and other flexible work arrangements.
Elite Commercial REIT is the first Singapore-listed REIT that focuses on investing in commercial assets across the UK.
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