Revenue for the reporting period came in 0.6% y-o-y higher at GBP9.31 million, while net property income grew 24.4% y-o-y to GBP10.4 million.
Elite UK REIT has reported a distribution per unit (DPU) of 0.76 pence ($1.33) for 1QFY2025 ended March 31, up 9.6% y-o-y.
The REIT reported a distributable income of GBP4.8 million for 1QFY2025, up 10.2% y-o-y. This was supported by rental reversions, interest optimisation and tax savings.
