Elite UK REIT lays out future plans amid expanded mandate

It was first listed on the Singapore Exchange (SGX) as a UK-focused office REIT that derives the bulk of its income from government tenants.

But Elite UK REIT has now embarked on a repositioning effort to diversify its portfolio amid emerging market trends.

In line with this repositioning the REIT, which was formerly known as Elite Commercial REIT, has also rebranded itself with the present moniker.

But amid this repositioning, can investors expect government tenants, which are generally perceived to be less capricious with their tenancies, to still be the main repertoire for Elite UK REIT?

Related: Elite Commercial REIT expands investment mandate