Located in Wales, Crown Buildings, Caerphilly was valued at GBP530,000 at end-2023.
Elite UK REIT’s trustee, Perpetual (Asia) Limited, has divested Crown Buildings, Caerphilly at Claude Road, Caerphilly, for GBP710,000 at an 18% premium.
In a March 3 bourse filing, the manager of Elite UK REIT says the vacant property was valued at GBP600,000 at end-2024 based on an independent valuation conducted by CBRE.
