Elite UK Reit 9-month DPU rises 9.4% to £0.0233

The improvement is attributed to interest savings through capital management and interest rate optimisation

The manager of Elite UK Reit on Tuesday (Nov 4) posted a distribution per unit (DPU) of £0.0233 for the nine months ended Sep 30, 2025, up 9.4 per cent from £0.0213 in the year-ago period.

This was based on a payout ratio of 95 per cent for the period, and of 90 per cent for the corresponding period in 2024. At a 100 per cent payout ratio, the DPU for the nine-month periods in 2025 and in 2024 would have been £0.0246 and £0.0236, respectively.

For the period, distributable income stood at £14.8 million (S$25.4 million), up by 6.2 per cent on the year from £14 million.

The higher DPU and distributable income were due to interest savings through capital management and interest rate optimisation, the manager said.

Net property income, however, dipped marginally by 0.5 per cent year on year to £27.4 million from £27.5 million, due to expenses incurred for asset repositioning.

Revenue inched up 1 per cent to £28.3 million from £28 million previously, driven by rental reversions and contributions from new acquisitions.

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Units of Elite UK Reit closed on Monday unchanged at £0.36, before the news.