The manager of Elite Commercial REIT reported a 65% y-o-y jump in distribution per unit (DPU) to 1.22 pence (2.25 cents) for the 1QFY2021 ended March.

According to the 1QFY2021 business update released on April 23, the surge in DPU follows the REIT’s maiden acquisition of commercial properties in the UK. 

The acquisition of the new portfolio, comprising 58 properties, was completed on March 9.

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