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Elite UK REIT (Elite) owns 150 office assets located across the United Kingdom with total internal area of 3.8m sq ft valued at £415 million.  More than 99% of the space is leased to the UK Government on triple net basis, where tenant is responsible for capex and dilapidations if they do not renew leases at expiry.  Source: Company Rents are reviewed every five years based on the UK Consumer Price Index (CPI), subject to minimum of +1.0% and maximum of +5.0% per annum.  The Department for Work and Pensions (DWP) filled 93.5% of the occupied space. Source: Company, Beansprout The REIT manager is Elite UK REIT Management Pte Ltd, owned by sponsors Elite Partners Holdings Pte Ltd (68%), Sunway RE Capital Pte Ltd (15%) and Jin Leng Investments Pte Ltd (17%).  Elite Partners has given Elite a right of first...