NAV rises 4% for AEW UK REIT

Pearl House Nottingham

Regional investor AEW UK REIT has reported a 4% rise in NAV in half year results for the period to 30 September.

The REIT reported a net asset value of £151.7m at the end of H1 compared to £146m at the end of March, driven by a 3.1% like-for-like valuation increase.

The vacancy rate has fallen from 7.10% at 31 March to 3.27% following the full letting of Orion House in Oxford and the third floor of Bath House in Glasgow.

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