“We expect interest costs to be relatively flat at current levels due to a slightly more hawkish inflationary outlook in the UK on the back of the Middle East war,” says Natarajan.
RHB Bank Singapore and PhillipCapital are keeping their respective “buy” calls on Elite UK REIT (SGX:MXNU
) following the recent 1QFY2026 business updates.
In his April 27 report, RHB Bank Singapore’s Vijay Natarajan points out that Elite UK REIT is currently in discussions to refinance its debt due for renewal next year, with plans to stagger the loan expiries and lower debt margins.
