Singapore Exchange · Real Estate
Invest in Elite UK REIT stock from India
Indian and foreign residents can buy Elite UK REIT (MXNU) shares directly through Paasa.
By Paasa · Updated
Elite UK REIT at a glance
- Price
- £0.32+£0.01 (1.59%)
- Market cap
- £203.68M
- Day range
- £0.32 – £0.32
- P/E
- 0.14
- Dividend yield
- 9.50%
- Volume
- 23.50K
- 1 month
- +1.59%
- 6 months
- -4.48%
- YTD
- -11.11%
- 1 year
- -9.86%
- 5 years
- -51.51%
Elite UK REIT statements, FY2021–FY2025
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | £38.3M | £39.1M | £45.2M | £37.1M | £34.7M |
| Gross profit | £34.5M | £36.2M | £41.3M | £35.6M | £33.6M |
| Operating income | £30.2M | £32.1M | £38.2M | £32.0M | £29.2M |
| Net income | £13.9M | £20.5M | −£22.2M | −£18.3M | −£4.7M |
| Earnings per share | £2.30 | £0.04 | −£0.05 | −£0.04 | −£0.01 |
| EBITDA | £25.0M | £33.1M | −£10.0M | −£10.8M | £546.0K |
| Total assets | £444.0M | £440.3M | £444.0M | £486.8M | £533.4M |
| Total debt | £186.2M | £184.6M | £221.5M | £221.5M | £225.1M |
| Cash and short-term investments | £16.0M | £6.6M | £20.8M | £7.4M | £19.5M |
| Shareholders' equity | £241.7M | £241.2M | £207.2M | £247.9M | £289.0M |
| Operating cash flow | £36.7M | £26.4M | £44.6M | £27.9M | £22.7M |
| Free cash flow | £36.7M | £22.7M | £40.9M | £20.4M | £22.7M |
| Capital expenditure | £0.0 | −£3.7M | −£3.7M | −£7.4M | £0.0 |
Fiscal years as reported, the latest ending 31 Dec 2025. Figures in GBP; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| Brookfield India Real Estate Trust | BIRET.BO | $337.00 | $279.67B |
| Mapletree Pan Asia Commercial Trust | N2IU.SI | S$1.22 | S$6.45B |
| Dexus | DXS.AX | $5.74 | $6.16B |
| Keppel REIT | K71U.SI | S$0.85 | S$3.33B |
| OUE Real Estate Investment Trust | TS0U.SI | S$0.35 | S$1.91B |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in Elite UK REIT from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to GBP when you buy.
Step 3
Search MXNU and buy
Find Elite UK REIT by name or by its ticker, MXNU, and place your order.
Why invest in Elite UK REIT from India
What Elite UK REIT does
Elite UK REIT operates as a real estate investment trust (REIT) with a core strategy focused on acquiring commercial and real estate-related assets across the United Kingdom. Its extensive property portfolio is predominantly composed of freehold properties, strategically located in diverse regions such as London, the South East, North West, Midlands, North East, South West, Yorkshire and Humber, East of England, Scotland, and Wales. Elite UK REIT operates in the REIT - Office industry within the Real Estate sector.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy Elite UK REIT stock from India?
Yes. Indian residents and NRIs can buy Elite UK REIT (MXNU) shares directly through Paasa. Elite UK REIT is listed on the Singapore Exchange, in the REIT - Office industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
How are Elite UK REIT dividends taxed for Indian investors?
Singapore levies 0% withholding tax on dividends from resident companies. Dividends are taxed at your slab rate in India. Elite UK REIT’s current yield is 9.50%. Paasa's dividend report lists the gross dividend and any tax withheld for each payment, which is what you need when you file.
What tax do I pay in India when I sell Elite UK REIT shares?
Singapore does not levy capital gains tax on the sale of shares, ETFs or REITs. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the GBP/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.
Would my heirs owe estate tax on Elite UK REIT shares?
Singapore imposes no estate or inheritance tax on listed securities. That is the source-country side; the shares themselves pass on like any other asset you hold in your own name.