Elite UK REIT divests vacant Wales property at 18% above valuation

Elite UK REIT’s trustee, Perpetual (Asia) Limited, has divested Crown Buildings, Caerphilly at Claude Road, Caerphilly, for GBP710,000 ($1.2 million) at an 18% premium. In a March 3 bourse filing, the manager of Elite UK REIT says the vacant property was valued at GBP600,000 at end-2024 based on an independent valuation conducted by CBRE. Located […]