Basic profile and key statistics
Performance height
Gross turnover and NPI remained stable year on year. The distributable income rose by 5.8%, supported by lower interest rates and tax costs. DPU increased by 10.0%, helped by reduced distribution monitoring.
Acquisition
In June 2025, Elite completed the acquisition of three British property with a discount of 7.6% to the average of independent ratings.
Disinvestment
2 properties were divested in 1 hour with an average premium of 7.9% above the rating.
Initiative for Activa Improvement
Elite received planning approval to convert Lindsay House in Dundee into a targeted student accommodation with 168 beds (PBSA).
Lease profile
Dedicated occupation: Moderate annual lease in 4 years: less favorable: less favorably weighted average ground lease expiration date: favorable
Debt profile
Custom interest rate ratio: less preference of debt: less favorable portrayal ratio: average fixed rate debt share: favored debt proportion: less favorable the highest annual debts in 4 years: less: less
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