AEW UK REIT lifts NAV, maintains 7.4% yield as active asset management offsets valuation headwinds

AEW UK REIT ( (GB:AEWU) ) just unveiled an announcement.

AEW UK REIT reported a modest rise in unaudited net asset value to £173.47 million, or 109.32 pence per share, as at 31 December 2025, delivering a quarterly NAV total return of 2.05% despite a 0.33% like-for-like portfolio valuation decline that still outperformed the broader UK property index. The board declared a further 2.00 pence interim dividend for the quarter, marking 41 consecutive quarterly payouts and equating to an annualised yield of 7.4%, while EPRA earnings per share strengthened to 2.36 pence, supported by a solid tenant base, reduced bad debts and fees, and targeted asset management wins such as a value-enhancing lease regear at Barnstaple Retail Park and a profitable disposal in Hitchin. The portfolio showed mixed sector dynamics, with gains in retail warehousing offset by weakness in industrial and offices, yet the trust’s low fixed debt cost of 2.959% to 2027, modest 25% loan-to-GAV, and a share price trading close to NAV—after limited treasury share reissuance at a premium—underline continued investor confidence and leave scope for further capital deployment into refurbishments and new acquisitions, with a one-year shareholder total return of 15.3% reinforcing its relative resilience in a subdued property market.

The most recent analyst rating on (GB:AEWU) stock is a Buy with a £128.00 price target. To see the full list of analyst forecasts on AEW UK REIT stock, see the GB:AEWU Stock Forecast page.

Spark’s Take on GB:AEWU Stock

According to Spark, TipRanks’ AI Analyst, GB:AEWU is a Outperform.

The score is driven primarily by improved financial strength (notably the move to zero reported debt) and a strong latest-year earnings rebound, supported by an attractive income valuation (high dividend yield with a reasonable P/E). These positives are tempered by weaker 2025 cash flow versus profits and historically choppy results, while technical signals are neutral rather than strongly bullish.

To see Spark’s full report on GB:AEWU stock, click here.

More about AEW UK REIT

AEW UK REIT plc is a London-listed real estate investment trust that owns a value-focused, diversified portfolio of 34 UK commercial properties across industrial, retail, office and leisure sectors. The company targets income-driven returns for investors through active, counter-cyclical asset management and maintains a relatively conservative balance sheet with low-cost, fixed-rate debt, aiming to deliver an attractive, sustainable dividend yield from its UK commercial property holdings.

Average Trading Volume: 318,765

Technical Sentiment Signal: Strong Buy

Current Market Cap: £167.9M

For an in-depth examination of AEWU stock, go to TipRanks’ Overview page.