According to her, the revaluation at Elite UK REIT was primarily driven by the lease re-gear with its key tenant, the Department for Work and Pensions (DWP), which materially strengthened income visibility and extended portfolio WALE to 7.2 years.
DBS Group Research analyst Tabitha Foo is keeping her “buy” call on Elite UK REIT (SGX:MXNU
) , after the latest independent valuation appraisal saw a 9.1% uplift in portfolio valuation.
“The uplift in portfolio valuations resulted in lifting Elite UK REIT’s net asset value (NAV) to £0.46 (up 15% versus £0.40 as at Dec 31, 2025),” says Foo.
