-
Elite UK REIT (SGX:MXNU) is a UK-focused commercial REIT with ~99% of rental income generated from entities associated with the UK government. We forecast distributable income to remain stable over FY26-28E, supported by its sustainable ~9% dividend yield, proactive lease renewals ahead of the 2028 expiry cycle and ongoing capital recycling initiatives.
About Elite UK REIT
- - Read this at SGinvestors.io -
-
Over 99% of gross rental income is derived from the UK government (99.2%), led by the DWP (DWP: 92.3%), followed by the Ministry of Defence (2.4%), Home Office (2.1%), HM Courts & Tribunals Service (1.4%), DEFRA (0.7%) and Environment Agency (0.3%).
Integrated portfolio model
- - Read this at SGinvestors.io -
Stable rental income, higher property costs
- Read more at SGinvestors.io.
Above is an excerpt from a report by Maybank Research.
Clients of Maybank Securities may be the first to access the full PDF report @ https://www.maybanktrade.com.sg/.
Liu Miaomiao Maybank Research | https://www.maybanktrade.com.sg/ 2026-06-07
Previous report by Maybank:
2023-10-19 Elite Commercial REIT - Postcard From UK.
Price targets by 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
