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| 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
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 93.60 | 112,296 | 10:33:59 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 93.80 | 94.20 | 94.70 | 93.60 | 94.70 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Real Estate Investment Trust | 24.35M | 9.05M | 0.0571 | 16.39 | 148.29M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 10:51:37 | O | 17 | 93.80 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 24/10/2024 | 06:01 | UK RNS | AEW UK REIT PLC Investor Presentation via Investor Meet Company |
| 24/10/2024 | 06:00 | UK RNS | AEW UK REIT PLC NAV Update and Dividend Declaration |
| 06/9/2024 | 14:45 | UK RNS | AEW UK REIT PLC Director/PDMR Shareholding |
| 04/9/2024 | 13:25 | UK RNS | AEW UK REIT PLC AGM Results & Directorate Changes |
| 29/7/2024 | 16:30 | UK RNS | AEW UK REIT PLC Director/PDMR Shareholding |
| 26/7/2024 | 15:24 | UK RNS | AEW UK REIT PLC QuotedData's Weekly News & Interview |
| 25/7/2024 | 08:00 | UK RNS | AEW UK REIT PLC Investor Presentation via Investor Meet Company |
| 25/7/2024 | 06:00 | UK RNS | AEW UK REIT PLC NAV Update and Dividend Declaration |
| 24/7/2024 | 11:37 | UK RNS | AEW UK REIT PLC Sale of multi-let industrial estate near Droitwich |
| 02/7/2024 | 13:21 | ALNC |  AEW UK REIT laments UK economy as net asset value falls |
Aew Uk Reit (AEWU) Share Charts1 Year Aew Uk Reit Chart |
|
1 Month Aew Uk Reit Chart |
Intraday Aew Uk Reit Chart |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 10:51:37 | 93.80 | 17 | 15.95 | O |
| 10:51:37 | 93.80 | 16 | 15.01 | O |
| 10:38:49 | 94.04 | 10,000 | 9,403.61 | O |
| 10:27:30 | 94.10 | 1 | 0.94 | O |
| 10:22:13 | 94.10 | 14,057 | 13,227.62 | O |
| Top Posts |
|---|
Posted at 21/11/2024 08:20 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 93.60p.Aew Uk Reit currently has 158,424,746 shares in issue. The market capitalisation of Aew Uk Reit is £148,285,562. Aew Uk Reit has a price to earnings ratio (PE ratio) of 16.39. This morning AEWU shares opened at 94.70p |
Posted at 28/10/2024 19:12 by chucko1 Out at EXACTLY the same price! Only bought on Thursday, an hour after the NAV update. Actually, still keeping a few. |
Posted at 24/10/2024 06:25 by metis20 We are delighted to have won the listed property category in the 2023 MSCI UK Property Investment Awards. This award is given to the Company that has delivered the highest annualised property total return over the three years to December 2023. Achieving this award is testament to the Company's strategy of delivering total return through active asset management."Highlights · NAV of £172.76 million or 109.05 pence per share at 30 September 2024 (30 June 2024: £167.79 million or 105.91 pence per share). · NAV total return of 4.85% for the quarter (30 June 2024 quarter: 5.04%). · 2.94% like-for-like valuation increase for the quarter (30 June 2024 quarter: 2.41% increase). · EPRA earnings per share ("EPRA EPS") for the quarter of 2.68 pence (30 June 2024 quarter: 2.26 pence). Underlying EPS of 2.17 pence (30 June 2024 quarter: 1.92 pence). · Interim dividend of 2.00 pence per share for the three months ended 30 September 2024, paid for 36 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 25.04% (30 June 2024: 25.66%). Significant headroom 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. · Three new lettings increasing annual contracted rent by £598,470 per annum. |
Posted at 23/10/2024 06:49 by cwa1 Morning carcosaThere doesn't seem to be much about AEWU in there. Is this just spam, or have I missed something? :-) |
Posted at 22/10/2024 06:16 by skyship gco - a good trade. AEWU now a good buy again at 93.5p. |
Posted at 05/9/2024 07:03 by cwa1 AEWU pops up in The Telegraph's Questor column this morning!(apologies for formatting)The prospect of further interest rate cuts by the Bank of England as inflation falls, lifting the pressure on businesses and consumers, has sparked a recovery in real estate investment trusts (Reits). This makes it a good time to review our tip of AEW UK Reit, which we first recommended in July 2020 when shares in the top-performing commercial property fund languished 22pc below asset value in the first coronavirus lockdown, and offered an attractive 11pc dividend yield. Our timing was good and the shares have gained 28pc since then as we correctly bet the company – now on an 11pc discount and still offering a high 9pc yield – would continue to pay shareholders 2p a share each quarter. AEW UK has delivered its 8p annual payout for nearly nine years. This is an impressive feat given the dividend cuts and suspensions some Reits were forced into, either during the pandemic when many tenants couldn’t pay rents, or when borrowing costs soared as the Bank hiked base rate from nearly zero in December 2021 to 5.25pc 20 months later. However, it’s not been a smooth ride for shareholders in the portfolio of 33 offices, shops, retail warehouses and industrial parks. The shares have tumbled 22pc since we last assessed them two years ago, shortly after they peaked at 128.6p in April 2022. Bounce-back after Covid Line chart with 1276 data points. AEW share price View as data table, Bounce-back after Covid The chart has 1 X axis displaying Time. Data ranges from 2019-08-15 00:00:00 to 2024-09-04 00:00:00. The chart has 1 Y axis displaying Pence. Data ranges from 54.2 to 132.4. 2020 2021 2022 2023 2024 40 60 80 100 120 140 Source: Bloomberg Bounce-back after Covid AEW share price Pence End of interactive chart. The decline to 93p today largely reflects the indiscriminate selling of listed property funds in 2022 and the mark-down of real estate as the yields on benchmark government bonds rose in response to rising interest rates. In AEW’s case there was also concern about whether the dividend could survive intact, as for a few years there wasn’t sufficient rental income to fully cover the payments. The uncovered dividend was mostly a byproduct of the trust’s buy-low, sell-high investment approach. Henry Butt, Assistant fund manager, says he and lead manager Laura Elkin are value investors who buy smaller commercial properties at low prices and high yields on comparatively short leases of four to six years. They then refurbish them and sell at higher prices when their rental values improve. Because it can be easier to sell properties unlet and because it can also take time to reinvest the proceeds of property sales, this strategy can lead to periods when quarterly earnings per share slip below 2p. Concerns about the dividend cover were heightened last year when a couple of tenants, including hardware retailer Wilko, fell into administration. This is why we didn’t include AEW UK in our roundup of generalist Reits in June when we picked Picton Property Income, up 10pc since we recommended it on a 30pc discount. Happily, an update in July saw AEW UK take a big step towards restoring dividend cover with underlying quarterly earnings rising from 1.75p to 1.92p per share. A 2.4pc increase in its properties following a meagre 0.4pc rise in the previous three months provided evidence that commercial real estate had bottomed out. AEW UK key facts Market value: £147m Year of listing: 2015 Discount: 11.7pc Ave discount over past year: 11.1pc Yield: 8.6pc Most recent year’s dividend: 8p Gearing: 35.8pc Annual charge: 1.6pc News of the £6.3m sale of an industrial estate in Worcestershire for 33pc more than its valuation in March also showed an improving market and highlighted the fund managers’ successful record in locking in good gains. Over five years, the trust’s net asset value has grown 61.9pc, well ahead of the 10.8pc average of its rivals. Despite the setback of the past two years, the shares have largely passed on this growth with a total return of 55.2pc. With further rental growth in prospect and £8.3m of cash on hand to buy or upgrade properties, this trust continues to be a good way to capture the recovery in commercial property. With two other Reits, Balanced Commercial Property and Tritax Eurobox, falling to bids this week, it’s possible predators will eye AEW UK Reit which we continue to rate a “hold”. Questor says: Hold Ticker: AEWU Share price at close: 93.2p |
Posted at 04/7/2023 13:17 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 20:11 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 09:01 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. |
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