Elite UK REIT - RHB Invest 2024-11-06: More Positive Outcomes; BUY

Elite UK REIT - More Positive Outcomes; BUY

Published:
Elite UK REIT (SGX:MXNU) | SGinvestors.io
  • Elite UK REIT’s 3Q24 numbers were slightly ahead on lower financing costs. Overall, it was a good quarter with the completion of loan refinancing and hedging most of its debt at better-than-expected rates.
  • - Read this at SGinvestors.io -

Refinancing completed; loans hedged at better rates.

  • Elite UK REIT has completed the refinancing of its entire GBP215m of loans via sustainability-linked facilities, with interest savings as the assets’ energy performance improves. With this, it has no debt maturing until 4Q27, with another 2-year extension option on the facility.
  • - Read this at SGinvestors.io -

Peel Park DC plans taking shape, more divestments and redevelopments on the cards.

  • Read more at SGinvestors.io.



Above is an excerpt from a report by RHB Securities Research.
Clients of RHB may be the first to access the full PDF report @ https://www.rhbtradesmart.com/.



Vijay Natarajan RHB Securities Research | https://www.rhbgroup.com/ 2024-11-06



Read also RHB's most recent report:
2025-02-11 Elite UK REIT - Continues To Deliver; BUY.

Price targets by 2 other brokers at Elite UK REIT Target Prices.

Listing of research reports at Elite UK REIT Analyst Reports.

Relevant links:
Elite UK REIT Share Price History,
Elite UK REIT Announcements,
Elite UK REIT Dividend Payout Dates & Corporate Actions,
Elite UK REIT News






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