Elite UK REIT has reported a 10.0% year-on-year increase in distribution per unit (DPU) to 1.54 pence for the first half of 2025.
This increase was driven by strategic acquisitions and improved capital management as the Singapore-listed REIT continues to build a counter-cyclical property portfolio amid an expansion in its investment mandate.
The REIT's portfolio valuation rose to GBP421.5 million as at 30 June 2025, following the acquisition of three government-leased properties for GBP9.2 million at a 7.6% discount to independent valuations.
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