Elite UK REIT completes acquisition of three UK government-leased properties

The purchase was made via Elite Dram.

Elite UK REIT Management Pte. Ltd., the manager of Elite UK REIT, has announced the successful completion of the acquisition of three government-leased freehold or virtual freehold infrastructure and workspace properties in the United Kingdom.

The acquisition was made through its wholly-owned subsidiary, Elite Dram Limited. This follows the announcement made on 10 June 2025 regarding the proposed acquisition.

The Reit has re-allocated and fully utilised the total proceeds of approximately $6.93m (£4.0m) from the placement.

Originally, $5.72m (£3.3m) or 82.5% of the proceeds was earmarked to part-finance the proposed acquisition and associated costs, whilst $1.21m (£0.7m) or 17.5% was allocated to cover estimated fees and expenses, including professional costs, related to the placement.

Following a reallocation, the entire $6.93m (£4.0m) has now been directed toward financing the acquisition and its associated costs.

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