Elite Commercial REIT (“Elite” or the “REIT”) is the first UK-focused REIT to be listed on SGX with more than 99% of the properties being leased to the UK government. Elite is offering 114,686,200 Units for subscription at 68 pence per unit (or $1.21) of which, 5,734,300 units will be available for public subscription. In addition, 77,827,900 units were allotted to Cornerstone investors.