0224 GMT - Elite UK REIT's stable yield offers value amid economic uncertainty, says RHB Research's Vijay Natarajan in a note. While the U.K.-focused real-estate investment trust isn't entirely immune to macroeconomic headwinds, its cash flow profile appears to hold steady thanks to government tenants at its assets, the analyst says. He says some of the U.K. government social infrastructure portfolio could be consolidated in the future, but he expects that Elite UK REIT's residential assets could be boosted by any U.K. housing supply shortage. RHB Research retains its buy rating and a target price of 0.41 pound sterling. Units are flat at 0.34 pound sterling. (megan.cheah@wsj.com)
(END) Dow Jones Newswires
May 27, 2026 22:24 ET (02:24 GMT)
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