Aew Uk Reit Share Discussion Threads

[skyship] 03/12/2022 08:07

“You know how to whistle, don't you Steve? You just put your lips together, and blow.” The late, great Lauren Bacall

[petewy] 02/12/2022 18:46

if she does I'm available. All she has to do is whistle you can whistle miss Elkin just...

[peckers56] 02/12/2022 13:49

I met Ms Elkin at this year's AGM. She told me she reads this thread !!!

[fordtin] 02/12/2022 07:48

Thanks ramellous, a good write up.


This link should let people see the article without the need to register;

[fordtin] 01/12/2022 17:18

For anyone else who's mystified by trade reporting;

I read the RNS this morning and put a limit order in for a wee top up.

A few hours later I was notified that it had been partially filled. Two more notifications later, my order was filled.

The odd thing is, none of the reported trades correspond with the partial fills, or with my completed order.

[fred177] 01/12/2022 17:05

I wondered how this trust would fair under Laura Elkin after Alex Short left but this seems like sensible business the Bromley purchase looks good value £s per sq ft too

[chucko1] 01/12/2022 11:52

It is tough to compare AEWU with EPIC as the latter is focused on a single property type (now), whereas AEWU are generalist.

Over the years, there has been ample criticism of AEWU in terms of dividend cover etc. by investors who have an entirely unsuitable timeframe.

[nickrl] 01/12/2022 09:53

@killing_time should have realised that when AEWU say they have properties lined up already they are true to their word and get on with it unlike EPIC. Certainly helps close the gap down with those nice yielding assets to c 89% by my estimate.

[killing_time] 01/12/2022 08:58

Well nickrl looks like the dividend is going to be fully covered soon.

2 new buys and just £7m to spend.

[nickrl] 21/11/2022 23:30

Catching up on HY report and AEWU can do no wrong even with divi cover now only 64% at the cash level and a deteriorating operating cash flow. Now there are some one offs associated with the refinancing so 70% is nearer the mark and you have to applaud the timing as it had to be done as they were on a SONIA+1.4% so would cost them much more by now but it still increases the finance cost by 45% over last year. Also given how favourable rent collection stats are there has been a fair increase in rent receivables since March but maybe they have more tenants on monthlies now.

Can't see them getting divi cover anytime soon but they can live off the profits they've made on recent sales for plenty of quarters yet which is strategy that appears to be generally supported by shareholders.

[skinny] 15/11/2022 07:02

Notice of Half Year Results

AEW UK REIT plc (LSE: AEWU) ("AEWU" or the "Company") will announce its Half Year Results for the period ended 30 September 2022 on Wednesday 16 November 2022.

There will be a presentation for analysts at 11.30am on the morning of the results. Please contact [e-mail] for dial in details.

[danmart2] 03/11/2022 18:31

Sorry, thought this was an AEW forum

[stemis] 03/11/2022 13:32

What's that got to do with the REIT?

[spectoacc] 02/11/2022 07:28

Is it still the top of the market tho?

What happens after 12 months?

AEWU timed their sale v well, and I think they may well pick up a bargain some time next year, but I'd worry they're so keen on their 2p/qtr "dividend" that they may buy something just to be able to continue it.

[2wild] 02/11/2022 07:20

Even on a covered basis the dividend yield is still 4.4%. Returning capital by way of an uncovered dividend at the top of the market is no bad thing either.

[nickrl] 01/11/2022 22:28

Good comprehensive update and yet again they seem to have timed things well with the sales a few months ago but hadn't exchanged on anything new that was in the pipeline and are renegotiation prices down and expect to achieve yields 8%+. The Q&A is worth a listen starts about 30mins in. They are both quite bullish still unlike some of the others that have shown more negativity. Also my take is even though divi isn't covered they will continue to pay it as long as the board can be convinced they have roadmap to get it covered within 12mths.

Personally i prefer covered divis but have lost out here because of my self imposed rule but with share price back at this level may have to break that rule.

[stemis] 01/11/2022 17:51

Whatever was said at the investor meet doesn't seem to have helped the share price.

[fred177] 24/10/2022 07:33

AEW UK REIT Plc is pleased to announce that Laura Elkin (Portfolio Manager) and Henry Butt (Assistant Portfolio Manager) will provide a live presentation relating to the three-month period ended 30 September 2022 via the Investor Meet Company platform on Wednesday 26th October 2022 at 3:00pm BST.

The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via your Investor Meet Company dashboard up until 09:00am BST the day before the meeting or at any time during the live presentation.

Investors can sign up to Investor Meet Company for free and add to meet AEW UK REIT Plc via:





Investors who already follow AEW UK REIT Plc on the Investor Meet Company platform will automatically be invited.

[spectoacc] 20/10/2022 10:20

Agree that's what they ought to do, but they plan to punt it in first half of next year. Then again, better than punting it recently or now.

Agree that "our yields are high already so it's fine" doesn't hold water, but I guess fair to say a move from (say) 3% to 6% is a halving of capital values, whereas a move from (say) 6% to 9% is only a 33% fall. .

Agree (again) that rent collection & voids needs watching - as SGRO showed this morning, the lettings market is still fine. AEWU are still finding tenants aplenty it seems. But even now, 2% of rent isn't being paid.

Personally I'm not too comfortable with divis paid out of capital. But we are where we are, the divi will be the last thing they cut, & can't say it's expensive here.

I'll buy when it's cheap.