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AEW UK REIT looking to raise up to £60m

AEW UK REIT has announced an initial placing, initial offer for subscription and intermediaries offer of new shares at a price of 100.5p per new share seeking to raise £60m.
CoStar News
September 29, 2017 | 11:00 AM

Mark Burton, non-executive chairman, said: “The existing portfolio continues to perform well, enabling the Company to pay an annualised dividend of 8 pence per share. AEW UK Investment Management has identified a strong pipeline of opportunities that fit our criteria among smaller commercial properties with the potential for asset management improvements, to the potential benefit of new and existing investors.”

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News | AEW UK REIT looking to raise up to £60m