19th Oct 2023 14:32
AEW UK REIT PLC - London-based real estate investment trust - Net asset value at September 30 was 106.00 pence per share, down 1.0% from 107.03p at June 30. Delivers positive 0.91% total return for the quarter ended September 30, down from positive 3.36% for the previous quarter. Declares interim dividend of 2.00p per share for the quarter, in line with its target of 8.00p per share total for the current year. Says it purchased a car park asset in York for GBP10.0 million and a mixed-use asset in Bath for GBP11.5 million, which Portfolio Manager Laura Elkin says shows "significant progress this quarter towards the company's strategic objective of reinvesting capital... into higher yielding assets in core urban locations." Read More
