Elite UK REIT launches £7.4 million private placement at £0.30-£0.3 per unit

  • Elite UK REIT launched a fully underwritten private placement to raise about GBP 7.4 million.
  • Offer targets institutional, accredited, and other investors; issue price set at GBP 0.296 to GBP 0.3 per unit.
  • Proceeds earmarked for the acquisition of five UK government-leased properties, funding the Lindsay House PBSA conversion, and general corporate purposes.
  • Placement involves 25,000,000 new units; total units rise to 636,488,820, about a 4.1% increase.
  • Existing unitholders to receive an advanced distribution; record date June 24, 2026; new units expected to list and trade around June 25.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Elite UK REIT published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: JJI0U1DKEI0P0TD2) on June 16, 2026, and is solely responsible for the information contained therein.