In her Feb 10 report, she mentioned that the REIT has significantly derisked its rental exposure though lengthening its lease expiry with its key tenant, the UK Department of Work and Pensions (DWP), resulting in portfolio WALE improving sharply to 7.2 years (pro forma as at Dec 31, 2025).
DBS Group Research and RHB Bank Singapore are maintaining their respective “buy” calls on Elite UK REIT following its recent FY2025 results.
For DBS Group Research analyst Tabitha Foo, Elite UK REIT’s 2HFY2025 DPU of 1.49 pence is broadly in line with her estimates, which brings the full year DPU to 3.03 pence.
