Elite UK REIT (SGX:MXNU), through its subsidiary, Elite Dram, entered into a conditional sale and purchase agreement with Elite Phoenix to acquire three freehold or virtual freehold government infrastructure and workspaces in the UK, according to a Tuesday filing with the Singapore Exchange.
The purchase consideration for the acquisition is 9.2 million pounds sterling.
The properties have a total combined net internal area of 139,967 square feet.
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