11th Apr 2019 12:04
LONDON (Alliance News) - AEW UK Long Lease REIT PLC on Thursday confirmed that further to a strategic review launched Wednesday it has now entered an "offer period".
The company added it has not yet received any offer and it is currently not in talks with any potential offeror.
On Wednesday, the real estate investment trust said it was considering future options, including expanding its equity and asset base to achieve full dividend cover "in order to achieve value for shareholders".
Other options considered include accepting offers from other parties, or selling the group's portfolio and returning the proceeds to shareholders.
AEW UK Long Lease REIT shares were trading down 0.9% at 82.28 pence each on Thursday.
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AEWL.L