Aew Uk Reit Share Discussion Threads

[williamcooper104] 27/6/2023 14:59

Indeed; they're one of the better management teams

[stemis] 27/6/2023 14:55

But they seem quite effective at engineering value in their assets and realising the profits, rather than just collecting rents, and the market clearly attributs value to that...

[skyship] 27/6/2023 13:28

Sure - 8p per annum - but uncovered. LTV quite high at 36%; but debt good - 4yrs still to run at 2.96%

Tipped again yesterday by Simon Thompson of the IC.

[spectoacc] 26/6/2023 07:51

Not a holder, but they knock spots off any other REIT in that regard, all the while churning out 8p pa.

Maybe helps being less "legacy" than many of them.

Opportunity Cost going into a recession mind - UKCM, BCPT, API, SHED all lower again this morning.

[nickrl] 26/6/2023 07:47

Buy low Sell high buy low again they certainly have become very adept at it

[spectoacc] 26/6/2023 06:11

Hats off to AEWU, have no idea who's still buying at those yields but once again AEWU prove their success in churning.

[skinny] 08/6/2023 08:55

To be fair - it is very unusual - dividends are normally there by noon (ish) on the payment day.

[spectoacc] 08/6/2023 08:43

Or an HL benefit. A lot of extra interest if they're stashing it overnight for a few days, on every divi in every a/c on every stock.

[fordtin] 08/6/2023 08:35

You could tell them the Div was in my IG account at open yesterday, so any delay seems to be an HL problem.

[mith751] 08/6/2023 07:25

Nothing on my HL account as well. I've emailed them.

[skinny] 08/6/2023 07:10

I've emailed them.

[blueliner] 08/6/2023 07:05

No dividend on my account from HL yet, due 07th June, they are getting very tardy.
They can't say the cheque has got to clear first! AJ Bell are much more efficient .

[skyship] 21/5/2023 14:58

clive7878 - AEWU very well managed; dividend uncovered but looks secure as always uncovered!

IMO however they are fully priced as the discount is just 5.7%, even though the yield a very tempting 8.1%.

Far better value and anomalously good value at the moment is API. At 49.2p the discount is 40.3% and the yield 8.13% (dividend covered).

Anomalies provide opportunities, so I rate this as currently the BEST BUY in the REIT sector.

[clive7878] 17/5/2023 20:11

In the IC last Friday they stated which appeared good reasons to buy AEWU,
in their smaller companies section, although their record of late again
over the last couple of months have been a bit shaky.
But with a divi of around 8%, and what appears to be good deals by the company,
and with the share price having a rocky ride of late it could prove to be correct.
If the rents received are at a good percentage in theory, the divi is safe, and it looks like the asset value should increase along with the share price.
Will AEWU share price move on full year results I believe due to be released in June / July time? The Company does appear to be sound to me, I will either dip my toe in or put it on my watch list to see what happens
They look to me that they are a better bet than RGL, looking at their track record.

[a0002577] 09/5/2023 13:39

And avoiding a £1 million pound refurbishment. Good deal methinks.

[stemis] 09/5/2023 08:44

Looks like a decent deal; recycling a vacant property at a slight premium to the valuation in the accounts

[petewy] 08/5/2023 11:08

Laura Elkin features on this:
hxxps://money-makers.co/2023/05/06/money-makers-podcast-06-may-2023/

[skinny] 03/5/2023 07:35

Investor presentation today :-

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

[stemis] 26/4/2023 11:11

Reasonable update. Slight rise in NAV/share despite an uncovered dividend. Valuations seem to have stabilised. AEWU's ability to extract value from leases is possibly what accounts for the lower discount.

[trcml] 29/3/2023 09:16

It wasin 2007 that I advised a buyer of Matalan's Bamber Bridge property. It was a sale-and-leaseback fr 25 years, reviews 5 yearly index-linkeed cap-and-collar - even though the draft lease did not contain index-linked reviews, Savills were the agents, asking in the region of £8.5M, initial rent equates too £8.50 psf, the forecast yield for 2022 7.24%. Interesting activity on the Land Registry. thoough.Somethinng changed in 1992, perhaps the index-linking or Matalan re-finance or such

[nickrl] 27/3/2023 09:01

Guess that yield reflects on the current tenant propensity to need a bailout once a decade but they ought to get a few years of this tasty yield. No doubt EPIC were debarred from making a bid if they were interested.

[skyship] 27/3/2023 07:44

gco - that was a very useful trade; especially seeing that AEWU now back down to 93p, reasonably priced yet again.

Whole sector flat on its back with some really bizarre valuations; even those with strong balance sheets, low debt cost, long maturities. EBOX certainly an example of that.

Anyway - looks to be a great purchase for AEWU today - see Header.

[gco1133a] 01/2/2023 18:13

I sold mine today north of 107.5 having paid 92 late last year, which having clipped the recent 2p dividend was a 19% return and rolled most of the proceeds into EBOX.

[nickrl] 01/2/2023 17:30

@lordgnome they have created an allure around themselves and attracted a fanbase for sure where they can do no wrong. Market is fickle but as they move to a premia hopefully the cash will move to the others!