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AEW UK REIT achieves total return of 2.3% in December quarter

Friday, 25th January 2019
AEW UK REIT said it generated a net asset value total return of 2.31% in the December quarter.

The company declared an interim dividend of 2p per share for the three months to 31 December.

EPRA earnings per share for the quarter fell to 1.98p , down from 2.06p at the end of September.

'Despite an uncertain political outlook, property performance generated from the company's portfolio continues to be strong, highlighting the expertise of the manager in selecting assets that will deliver sustainably strong returns under a range of economic outlooks,' portfolio manager Alex Short said.

'We are pleased to start the New Year with both a valuation uplift and stable EPRA earnings for the quarter, which demonstrates the ongoing resilience of our strategy.'

At 2:24pm: (LON:AEWU) AEW UK REIT Plc share price was +0.2p at 89.9p

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