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AEW UK REIT (AEWU) investor relations material
AEW UK REIT Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Strategy centers on sector-agnostic value investing, targeting high-yielding assets in strong locations and active management to maximize income and capital value.
NAV increased to £173.47 million (109.32p per share) as of 31 December 2025, up from £172.82 million (109.09p) at 30 September 2025.
Portfolio consists of 34 UK commercial properties valued at £215.34 million, with over 130 tenants.
Dividend has been paid for 41 consecutive quarters, with a 2.00p per share interim dividend declared and a 7.4% yield.
Financial highlights
NAV slightly increased this quarter, supported by profitable asset sales and strong earnings.
NAV total return for the quarter was 2.05%, with a one-year shareholder total return of 15.3%.
Ten-year annualized NAV total return of 9.3% and five-year annualized NAV total return of 11.1% to September 2024.
Five-year property total return outperformed the MSCI benchmark by 6.7%; ten-year outperformance was 4.7%.
EPRA EPS for the quarter was 2.36p, up from 2.19p in the previous quarter.
Outlook and guidance
Current market conditions present a strong buying opportunity, with commercial property values at their lowest since IPO and yields at their highest.
Intention to continue paying dividends in line with policy, subject to financial conditions and REIT requirements.
Ongoing assessment of near-term asset management opportunities and potential medium-term acquisitions.
Focus remains on growing the equity base and exploring M&A opportunities to access more of the strong pipeline.
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Charter amendments seek to modernize governance and establish one share, one vote by 2026.
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Next AEW UK REIT earnings date
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