Elite UK REIT Divests Four Welsh Properties

MT Newswires07-03 11:57

Elite UK REIT (SGX:MXNU) disposed of four properties in Wales, UK, for 6 million pounds sterling, according to a Thursday filing with the Singapore Exchange.

Shares of the REIT were up nearly 2% in Friday trading.

Proceeds from the divestments will be used for high-quality or high-growth opportunities, the REIT said.

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