UOB Kay Hian Research has maintained its ‘buy’ rating for Elite Commercial REIT with a higher target price of 95 British pence ($1.78) from 88 pence previously following the REIT's acquisition of 58 properties across the UK which was completed on March 9. The higher target price is based on a 9%...

UOB Kay Hian (UOBKH) has reiterated its "buy" call on Elite Commercial Reit while raising its price target to £0.95 from £0.88 upon factoring in contributions from the trust's newly-acquired properties in the UK.

Uploaded By:  Paul Howell Submitted By:  Staff Reporter Case Study:  No Over 131.4 units were is...

Uploaded By:  Paul Howell Submitted By:  Staff Reporter Case Study:  No It plans to issue 131.4 ...

Elite Commercial REIT plans to issue up to 131.4 million new units at £0.68 per unit to Elite UK Commercial Fund II as partial consideration for the proposed £212.5 million acquisition of 58 UK commercial buildings. The vendor is Elite Bushel Holding, a subsidiary of Elite UK Commercial Fund II. A...

The manager of Elite Commercial REIT reported distribution per unit of 2.49 pence (4.53 cents) for the 2HFY2020 ended December, some 2.9% higher than its forecast of 2.42 pence. This brings FY2020 DPU – from the period of Feb 6, 2020, to Dec 31, 2020 – to 4.44 pence, or 2.3% higher than its fore...

ELITE Commercial Reit posted its H2 distribution per unit (DPU) at 2.49 pence on Monday, 2.9 per cent higher than its initial public offering (IPO) forecast, with occupancy at 100 per cent as at Dec 31 last year despite the UK's nationwide lockdown.

THE manager of Elite Commercial Reit on Monday posted a distribution per unit (DPU) of 1.23 pence (S$0.02) for its third quarter, which is 1.7 per cent higher than what it had forecast in its listing prospectus.

UOB Kay Hian’s Loke Peihao and Nicola Ho have re-initiated coverage of Ho Bee Land with a “buy” rating and a target price of $3.32.  They cite a “solid recurring income base backed by quality office assets from gateway cities” in London and Singapore. Recurring earnings from investmen...

CGS-CIMB’s Lock Mun Yee and Darren Ong have maintained their “add” call on Elite Commercial REIT at an unchanged target price of 78.1 British pence ($1.37) after its acquisition of over 50 additional commercial properties.  The REIT earlier announced that it has entered into a conditional...