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AEWU Aew Uk Reit Plc

91.60
1.40 (1.55%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Aew Uk Reit Plc LSE:AEWU London Ordinary Share GB00BWD24154 ORD GBP0.01
  Price Change % Change Share Price Shares Traded Last Trade
  1.40 1.55% 91.60 402,093 16:35:01
Bid Price Offer Price High Price Low Price Open Price
91.00 92.10 92.00 90.60 91.50
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Real Estate Investment Trust 20.72M -11.33M -0.0715 -12.87 142.9M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:01 UT 7,047 91.60 GBX

Aew Uk Reit (AEWU) Latest News (1)

Aew Uk Reit (AEWU) Discussions and Chat

Aew Uk Reit Forums and Chat

Date Time Title Posts
25/7/202417:32AEW UK Reit1,590

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Aew Uk Reit (AEWU) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-07-26 15:35:0191.607,0476,455.05UT
2024-07-26 15:28:2191.59600549.51O
2024-07-26 15:26:1191.584440.29O
2024-07-26 15:22:0992.10912839.95O
2024-07-26 15:17:3392.265,0004,612.87O

Aew Uk Reit (AEWU) Top Chat Posts

Top Posts
Posted at 26/7/2024 09:20 by Aew Uk Reit Daily Update
Aew Uk Reit Plc is listed in the Real Estate Investment Trust sector of the London Stock Exchange with ticker AEWU. The last closing price for Aew Uk Reit was 90.20p.
Aew Uk Reit currently has 158,424,746 shares in issue. The market capitalisation of Aew Uk Reit is £145,750,766.
Aew Uk Reit has a price to earnings ratio (PE ratio) of -12.87.
This morning AEWU shares opened at 91.50p
Posted at 25/7/2024 09:05 by nickrl
Unusual to get a NAV increase these days and there is a bit flattery from reversals but also good up lift on retail pks (EPIC board take note). Henry seems to have a plan for all the cash on the books now but on asset management initiatives. Despite Lauras absence the halo over AEWU is still burning bright.
Posted at 25/7/2024 07:01 by skinny
Highlights



· NAV of £167.79 million or 105.91 pence per share as at 30 June 2024 (31 March 2024: £162.75 million or 102.73 pence per share).

· NAV total return of 5.04% for the quarter (31 March 2024 quarter: 1.16%).

· 2.41% like-for-like valuation increase for the quarter (31 March 2024 quarter: 0.41% increase).

· EPRA earnings per share ("EPRA EPS") for the quarter of 2.26 pence (31 March 2024 quarter: 1.88 pence).

· Interim dividend of 2.00 pence per share for the three months ended 30 June 2024, paid for 35 consecutive quarters and in line with the targeted annual dividend of 8.00 pence per share.

· Loan to GAV ratio at the quarter end was 25.66% (31 March 2024: 26.21%). Significant headroom remains on all loan covenants.

· Company continues to benefit from a low fixed cost of debt of 2.959% until May 2027.

· Disposal of Oak Park, Droitwich, for £6.30 million, reflecting a 33% premium to the 31 March 2024 valuation.

· New letting and RPI rent review increasing annual contracted rent by £220,462.
Posted at 24/7/2024 12:53 by marketmuser
And as if by magic there is another sale. While the price achieved is not exactly brilliant compared to the purchase cost it's a whopping 33% above latest carry value.Which makes you wonder just how the valuers got this wrong by so much and what else they might be grossly underestimating here and in other property vehicles!
Posted at 02/7/2024 09:29 by nickrl
@skinny thats the abstracts not the full financials that most usually include in the RNS release but AEWU aren't the only ones recently who have gone down this path. They refer to specific page numbers of the report in the RNS but then don't upload it. Presumably they aren't required to include full financials if they don't want to?
Posted at 28/5/2024 07:59 by raj k
Does anyone know if the AEWU dividend is likely to ever increase. I understand the dividend has never really been covered solely by rental income and through their shrewd buying and selling of properties they have managed to keep the 8p per year payout going. If we strip out the extra dividend contribution from doing this and just look at the rental income, has it been increasing over the years and there will come a point when it will go beyond the 8p per year.

Or is this a trust you simply buy for the starting yield and the capital kicker if the interest rate environment becomes more favourable.
Posted at 04/7/2023 14:17 by kenmitch
SOCAL. That IS how I see it now too. I.e other REITS are better choices for new buyers now. My key point is that AEWU is NOT a sell for any of us clever or lucky enough to have bought in a previous big dip (in my case 2020 covid dip)for reasons so well put by Tag57.

And SKYSHIP, as Tag57 and Spangle93 have just pointed out, my AEWU dividend yield IS 13% at my buy price, and it’s that yield that counts for me and not the yield now at a significantly higher share price! My current AEWU profit with dividends included is 100%. That’s good during a sector downturn.

And building on this point; I also bought Mining Trusts BRWM, CYN and BERI during a Mining sector dip in 2020 too. All 3 have fallen back but CYN is still more than 3 times higher than my buy price, and that’s EXCLUDING dividends on top, and the other two are still up over 150%. And the yield on big dividend paying BRWM is currently about 15% on my buy price and was more before a modest cut. And the yield on the other two though more modest is also high at 10% for CYN and 9% for BERI at my buy prices. So very useful income every year and far better than cash. i.e note my comment about John Lee’s dividends. Mine are pathetic in comparison, but at last I’ve woken up to a method that works a treat!

But my key point remains simply that AEWU is not necessarily a SELL. And for me and others using similar methods, AEWU is a strong hold. For new buyers, for now there are better choices.
Posted at 17/5/2023 21:11 by clive7878
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.
Posted at 01/2/2023 12:18 by lord gnome
I have absolutely no idea as to what is holding up the AEWU share price when all my other REITs are on their backs. It looks fully valued with a yield which is now nothing out of the ordinary, whereas all my others are at sizeable discounts in anticipation of nav revisions.My decision to sell was clearly wrong, but I don't know why.
Posted at 19/1/2023 09:15 by skyship
EDIT - sorry, miscalculated stats!

Problem for the AEWU share price was the very nominal discount.

Congratulation Smidge - a great sale. Would have joined you with a short if I'd seen this disaster - stupidly missed the RNS in spite of it being on my Monitor.
Posted at 21/4/2021 10:01 by kenmitch
AEWU performance over 5 years is very good and as long as it can be held, that still very big dividend (8%ish even after the big share price gain) is a big plus. Bearing in mind the excellent short and long term performance the NAV discount disappearing is arguably justified.

As I’ve posted (and I know annoyed in doing so) many investors prefer dividends to buybacks and if those dividends are in a REIT that outperforms then that’s even better.

Compare for example the performance of AEWU who don’t buyback with SREI who do.

AEWU share price is up 69.5% over 1 year, 27% over 3 years and 43% over 5 years.

SREI share price is up just 8.7% over 1 year and DOWN 20% over 3 years and DOWN 13% over 5 years.

Sector average is up 20.4 over 1 year, down 5% over 3 years and down 2% over 5 years.

So AEWU has way outperformed the sector and SREI way underperformed throughout.

What about NAV?

Again AEWU has way outperformed and SREI underperformed but not as badly as the share price return.

Sector NAV is 0.4 over 1 year, 2.6 over 3 and 17 over 5 years.
AEWU NAV is 9.9% over 1 year, 25.2 over 3 years and 47.4 over 5 years.
SREI NAV is 0.1% over 1 year, MINUS 2.6% over 3 years and MINUS 2% over 5 years.

Do these figures support the argument that what matters is the quality of their investment portfolio ahead of trying to help the share price and NAV via artificial means like buybacks?

SREI buying back shares since last September is still at a big discount.
AEWU not buying back has seen the big discount go to zero.

I hold AEWU and SREI, hoping better times are ahead for SREI.
Aew Uk Reit share price data is direct from the London Stock Exchange

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