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AEW UK REIT Sells Part of Coventry Retail Park at 60% Profit
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AEW UK REIT Sells Part of Coventry Retail Park at 60% Profit

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Invest with Confidence:

The latest update is out from AEW UK REIT ( (GB:AEWU) ).

AEW UK REIT has completed the sale of a portion of the Central Six Retail Park in Coventry for £26.25 million, generating a 60% profit over the original purchase price and a 16% internal rate of return. The transaction, which reflects the company’s active asset management strategy, is expected to boost its capital for reinvestment into higher-yield opportunities, thereby enhancing shareholder returns.

More about AEW UK REIT

AEW UK REIT plc is a company specializing in the investment of smaller commercial properties, typically valued at less than £15 million, across the United Kingdom. The company focuses on office, retail, industrial, and leisure assets, emphasizing active asset management to enhance property value and income streams. AEW UK REIT is listed on the London Stock Exchange and aims to provide attractive returns to its shareholders.

YTD Price Performance: 8.98%

Average Trading Volume: 320,557

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £160M

Learn more about AEWU stock on TipRanks’ Stock Analysis page.

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