We’ll revisit the real estate sector today by looking at a REIT that is solely focused on the UK market. 

Founded in 2020 and listed on the Singapore Exchange, Elite UK Reit aims to provide unitholders with what it calls a secure income stream from public sector tenants such as the UK Department for Work and Pensions. 

The Reit’s portfolio spans across 148 properties which are mostly freehold or virtually freehold in places within town centres, near amenities or transportation nodes. 

More notably, the Manager of the Reit said it is also tapping on sectors that exhibit strong growth potential in the UK, say purpose-built student accommodation and built-to-rent residential assets. 

On the whole, the manager said the Reit has what it describes as a “long and diversified lease expiry profile and prudent capital management”, and is positioned for sustainable stability and growth from government-leased properties and the living sector. 

All in, Elite UK Reit posted a distribution per unit of £0.0149 (1.49 British pence) for the second half of the 2025 financial year ended Dec 31. That’s around 1.4 per cent higher than the DPU seen in H2 2024. The figure also represented a payout ratio of 95 per cent. 

Elite UK Reit is a counter that we want to talk about given how the firm is on the charm offensive to appeal to the investing community. 

For one thing, the Reit had in February 2026 signed new lease agreements with the UK Government for properties occupied by the Department for Work and Pensions, a move that has helped it improve its Weighted Average Lease Expiry (or WALE) to 7.2 years from 2.4 years. The Reit’s manager said this is one of the longest WALE duration among Singapore Reits. 

Beyond that, the Reit is also actively repositioning some of its properties including one in Peel Park, Blackpool. Its manager said the Reit has secured planning consent to develop a data centre building on the roughly 20-acre plot. So how will the moves augment the firm’s growth trajectory while increasing income stability?

On Under the Radar, Money Matters’ finance presenter Chua Tian Tian posed these questions to Joshua Liaw, CEO, Elite UK Reit.