NAV Update and Dividend Declaration 31 March 2022
AEW UK REIT plc (LSE: AEWU) (the "Company"), which directly owns a diversified portfolio of 36 regional UK commercial property assets, announces its unaudited Net Asset Value ("NAV") and interim dividend for the three-month period ended 31 March 2022.
- AEW UK REIT plc (LSE: AEWU) (the "Company"), which directly owns a diversified portfolio of 36 regional UK commercial property assets, announces its unaudited Net Asset Value ("NAV") and interim dividend for the three-month period ended 31 March 2022.
- NAV of 191.10 million or 120.63 pence per share as at 31 March 2022 (31 December 2021: 180.94 million or 114.21 pence per share).
- Interim dividend of 2.00 pence per share for the three months ended 31 March 2022, in line with the targeted annual dividend of 8.00 pence per share.
- The Company's EPRA EPS was 1.55 pence for the quarter, providing a dividend cover of 78% (31 December 2021: 1.80 pence and 90%).