AEW UK REIT plc (LSE: AEWU) (the Company ), which, as at 25 January 2021, directly owns a diversified portfolio of 35 regional UK commercial property assets, announces its unaudited Net Asset Value ( NAV ) and interim dividend for the three month period ended 31 December 2020.
Interim dividend of 2.00 pence per share for the three months ended 31 December 2020, in line with the targeted annual dividend of 8.00 pence per share.
EPRA earnings per share ( EPRA EPS ) for the quarter of 1.68 pence (30 September 2020: 1.60 pence).
NAV of £151.88 million or 95.87 pence per share as at 31 December 2020 (30 September 2020: £147.24 million or 92.73 pence per share).
NAV total return of 5.53% for the quarter (30 September 2020: 1.46%).
( SEEIT or the Company ) Acquisition of Solar and Storage Projects in the United States SEEIT is pleased to announce that it has agreed to acquire a series of portfolios of commercial and industrial ( C&I ) on-site solar and energy storage projects in the United States, together with a 50% interest in the platform that has created them, Onyx Renewable Partners ( Onyx ) from funds managed by Blackstone ( Blackstone ) for a consideration of approximately $150 million. Blackstone will remain a 50% partner in Onyx. SEEIT will acquire a 100% interest in four portfolios totalling over 175 MW, which provide renewable energy generated on-site directly to the end-user, and a 50% interest in Onyx s follow-on pipeline, which is projected to exceed 500MW over the next 5 years. The four portfolios comprise over 200 operational, construction and development stage rooftop, carport and private wire ground mounted solar PV projects, located in 18 US states. Clients include
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