AEW UK REIT PLC - real estate investment trust for UK regional commercial property - Notes AEW UK Core Property Fund acquired the Four Ashes industrial estate in Wolverhampton for GBP12.8 million. This reflects an initial yield of 8.0%. The estate is a 355,979 square feet freehold industrial multi-let building.
As at 31 March 2022, the fund had a net asset value of GBP355.0 million.
AEW UK current stock price: 120.80 pence
12-month change: up 25%
By Abby Amoakuh; abbyamoakuh@alliancenews.com
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