What happened? Elite UK REIT (Elite) has announced the divestment of a vacant property Sidlaw House, Dundee, Scotland for £1.28 million. This is 41.7% above valuation of £0.9 million. The proceeds will be used for debt repayment.  Separately, Elite has submitted a planning application for a data centre development site at Peel Park, Blackpool.  The […]

source: https://thefinance.sg/2024/10/03/elite-uk-reit-divestment-reflects-attractive-asset-valuation/