AEW UK REIT (GB:AEWU) has released an update.
AEW UK REIT plc has reported a positive fiscal year with a NAV total return of 4.98%, an increase in operating profit, and consistent dividends of 8p per share for the ninth consecutive year, despite a challenging economic environment. The company’s strategic sale of lower-yielding assets and investment in higher-yielding properties have contributed to rental income growth and an encouraging year-end reversionary yield of 8.8%. The company remains optimistic about the outlook for commercial property values and its potential for continued shareholder value addition.
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