Brief: Elite Commercial REIT Enters Sale And Purchase Agreement For Sale Of Two Properties

Elite UK REIT

07/08/2023 02:14

Aug 7 (Reuters) - Elite Commercial REIT  ELIE.SI :
    * ENTERED INTO A SALE AND PURCHASE AGREEMENT FOR SALE OF TWO
OF
ITS PROPERTIES
    * SALE CONSIDERATION OF £1.1 MILLION
    * 1H 2023 REVENUE GREW 3.4% TO £19.1 MILLION
    * 1H 2023 DPU STOOD AT 1.94 PENCE
    * EXPECTS BORROWING COSTS FOR ELITE REIT TO REMAIN ELEVATED
IN
NEXT 12 MONTHS

Source text for Eikon:  ID:nSN6F5zcQ 
Further company coverage:  ELIE.SI 

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