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Elite UK REIT: Signs GBP24.3 Million Of New Lease Agreements With The UK Government For DWP-Occupied Properties.
05 Feb 2026 17:58Portfolio's weighted average lease to expiry improves to 7.2 years. Expiries in 2028 materially derisked and lowered from 95.7% of gross rental income to 32.0%. Secures stable government-backed rental income, with embedded CPI-linked rent review on 1 April 2033 and upon exercise of Option Leases. Represents a significant milestone in the Manager's strategy to proactively diversify lease expiry profile and extend leases ahead of expiries...
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Source: ShareInvestor Express
