Jeremy Naylor is joined by Laura Elkin, Portfolio Manager, and Henry Butt, Assistant Portfolio Manager and Lead Asset Manager at AEW UK, to discuss AEW UK REIT’s recent performance and approach to managing UK commercial property.
Find out more about AEW UK REIT here.
The REIT owns a diversified, value-focused portfolio of 33 UK commercial properties. It reported a NAV of 107.45p per share at 30 September 2026 and a quarterly NAV total return of 1.53%. It also declared a 2p dividend, its 44th consecutive quarterly payment, in line with an 8p annual target and a 7.8% yield.
The conversation covers dividend sustainability and the rent uplifts the portfolio is enjoying that power payouts.
We also discuss the company’s capital recycling plans: selling assets where value has been maximised and reinvesting in higher-yielding, earnings-accretive acquisitions.
Laura and Henry explain how the portfolio has outperformed the wider property market, holding positive capital performance over the half-year while CBRE’s index fell 1.1%.
They also give their views on the office, retail and leisure sectors, and on what this means for AEW UK REIT’s shareholder returns.