Elite Commercial REIT (SG:MXNU) has released an update.
Elite Commercial REIT has announced a strategic expansion of its investment approach, aiming to diversify its portfolio beyond its current focus on government-leased properties in the UK. With this move, set to take effect 30 days from the announcement, the trust looks to enhance value and position itself for future growth by including a wider range of real estate and related assets in its investment strategy. This decision builds on the trust’s existing foundation of resilient cash flow from social infrastructure assets and is part of its ongoing efforts to future-proof and capitalize on its portfolio.
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